Hello everyone, today let's discuss the A-share market that just closed.
The stock market on Friday was quite dramatic, ending with a slight increase of two points, and the trading volume reached 590 billion.
However, it's worth noting that over 3500 companies in the two markets declined, and the main force funds net sold 12.4 billion!
Such a market situation makes one wonder: can A-shares continue to rise next week?
Before the closing, A-shares opened slightly lower and hovered between 2873 and 2888 throughout the day, with a very small fluctuation range.
Although it ended up in the red, it still failed to break through the resistance of the 20-day moving average, and it seems that the 2900 point level is still difficult to attack.
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In sharp contrast, the overseas market performed strongly, with the US Nasdaq index having a V-shaped reversal for 8 consecutive days, with an increase of more than 10%, and the Japanese stock market also increased by more than 20% in nine days - this is really enviable.
Looking at the industry sectors, banks, oil extraction, and telecommunications operations were one of the highlights of today, especially the banking sector, where the four major banks all rose by more than 1%, constantly approaching historical highs.
As early as before, the national team had increased its holdings in these bank shares.
Although the increase in the past few months was huge, their price-to-earnings ratio is still at a relatively low level, which means there is still room for growth in the medium and long term.
Many friends may think, I am not good at stock speculation, what should I do?
In fact, since the end of last year, I have repeatedly reminded everyone to follow the "national team", simple and direct, and today's rise has once again confirmed this point.
Although some stock investors complain that they have been deeply trapped, now it seems that if they have chosen the right direction, their mentality will not be so anxious.
However, the good times are not long, and many industry sectors have ushered in a comprehensive decline.
For example, supermarket chains, motorcycles, aviation and other sectors have all suffered Waterloo.
This phenomenon has been evident in the past nine trading days, most sectors have performed flatly, and there are not many stock investors who can "eat meat", and some can only "turn off the lights and eat noodles".
Let's talk about today's index performance first.
The CSI 1000 fell by 0.77%, and the small plate index fell by 0.73%.
The main indices such as the STAR 50, Shenzhen Component Index, and ChiNext Index have also declined slightly, while the Shanghai Composite Index has risen slightly by 0.07%.
Such a trend, to some extent, also reflects the market's preference for heavyweight stocks, but small and medium-sized thematic stocks have adjusted across the board, showing a bit of coldness.
Next, what everyone cares about the most, can A-shares continue to rise next week?
From a technical analysis perspective, A-shares rebounded this week under the support of the golden section line, and the position of 2839.39 has indeed become a key support.
If this week's trading volume is acceptable, then there is still a possibility of continuing to fluctuate and rebound next week.
According to the trend of the MACD indicator, the red column has obviously expanded today, which also indicates that the market has a certain upward momentum.
In addition, in the heavyweight sectors, securities, automobile manufacturing, and real estate have been relatively weak today, but as long as a little effort is made, it can drive the market to continue to rebound.
Especially in the securities sector, if it can release enough power in the next few days, the overall atmosphere of A-shares will also change.
Everyone knows that investing in the stock market is a battle without smoke, choosing the right stocks and making short-term operations can really make a profit.
For those friends who are still lingering with the "bear market" in their minds, it might be more effective to change their thinking and pay attention to some strong individual stocks, looking for short-term opportunities.
In short, although the future of A-shares is full of variables, as long as everyone patiently observes and seizes opportunities, they can still find their own strategies in the fluctuations.
I hope everyone can keep up with market dynamics, stay calm, and strive to find their own profit opportunities in adversity.
Once again, pay attention to me, and I will continue to provide everyone with timely stock market information and analysis!