Category: Money tips Release Date: 2006-02-02
Source: Wang Tian Guo Hai Securities
Over the past every Friday, investors may be a bad deeply concerned over the weekend, leading to broader market Friday syndrome - broad market every Friday to rise further or stagnate. Opened higher this week, five high-go, close to show notable gains, stocks a daily limit. The reason for this phenomenon is that bad rumors Thursday by the impact of broader market turbulence has been in the Thursday, even though there are bad also ahead of Friday digestion, not to mention there is no bad Friday. On the contrary from some of the economic data, there is the potential positive role of the stock market, that is bad proved unfounded. Then the broader market rally also reasonable that initiated the revenge.
Broader market so strong, the most fundamental reason is that excess liquidity. Inflation and appreciation of the renminbi under the two-wheeled-driven, market trends are often the stronger than expected. The real interest rate was negative in the circumstances, the current market presents significant savings en masse to sign. As one scholar had predicted that the size of China's huge savings, once the influx into the trend of the stock market, then the stock market will create a powerful driving force for continuing the current stock market rose another important reason. Statistics show that, as of April 18, 2007, total number of accounts in Shanghai and Shenzhen has more than 90 million, reaching 90.2089 million. According to the source statistics, in the first quarter of this year, A-shares reached a new account number 5.01 million, basically maintained the daily 80000-100000 level of growth has exceeded 3.0835 million last year data. It was expected to open an account at the current day's rate, ultra-200,000, breaking the 2000 record by 13 million a year in the historical record has been not a problem.
There is no doubt the management of the stock market speculation of potential concern, but the market was made more climate-oriented technology also supports continue to rise, reversing the rising pattern is not easy. It is conceivable that, even out of bad, probably a bit less open, and without realistic selling out, then came the waves of buying, and thus do more to form a new force. At this point, tape technology continues to be strong in the circumstances, the choice of short-term may be no choice but to do more, otherwise it may be difficult to accept the torture of Ta Kong.
Characteristics of fast rise of the bull market plunge once again come true. Thursday due to bad rumors affect the broader market panic after the setback, Friday appeared reversed indexes opened higher on the high walk, to close out the exciting in Yang Xian. This momentum, combined with weekly lines, and overall technical patterns, at least when there is inertia broader market higher requirements. Disk with a very active individual stocks in this market environment, at least short-term opportunities for the better.
So how to find short-term objectives of individual stocks do? I think that Thursday is the dark horse broader market panic plunge in a "litmus test." Recall February 27 when the broader market plunge the day except outside the ST shares, as long as stocks fell less than 5% the next day mostly Tiaokonggaokai and quickly sealed in the daily limit. Thursday (April 19) plunge in the process, good control of risk funds Awkwardness of the first to fall, in the lower limit individual stocks, the greater the proportion of the fund shares lower limit. But the Shanghai Zhenhua Port Machinery (600320) Thursday obvious defensive performance, closing down just 2.65%, the performance of the Fund's Awkwardness in one of the most stable stocks. Shanghai Zhenhua Port Machinery (600320): The company is currently the world's largest container crane manufacturer. 8 consecutive years, ranking No. 1 worldwide market share, according to the order statistics in 2006, the company produced the shore container cranes in the international market share of about 74%, gantry cranes in the international market share over 50%. April 20, the Company Announcement and the Global 500 Maersk Group, renewed 5-year purchase agreement, only the year 2007 there will be no less than 250 million U.S. dollars in purchases. Company's 2006 net profit of 1.602 billion yuan, an increase of 32.71%, expected future remain more than 30% of the rate of growth as a world-class oligopolistic enterprises, its high-growth theory will bring about a higher premium. Its current price-earnings ratio 34 times the level of the current broad market valuation, the value of their investment significantly. The Unit March 16 consecutive two-day a big bang, pull off upside, the current long gun to speed up the signal, the proposed attention.
