Zheng Eye Sees The Market: Bank Shares Fall, Gem Is Soaring Again

Tuesday Shanghai and Shenzhen

Concussion, banking stocks fell, gem and other small ticket gains are good.

At the close, the Shanghai Composite Index fell 0.49% to 3286.07 points, the Shenzhen Composite Index rose 1.19% to 1691.98 points, and the gem composite index rose 2.22% to 2131.39 points.

Look at the disk.

Most of the heavyweight stocks such as real estate stocks are adjusted, which makes the stock index trend weaker.

The trend is very overbearing, but in a short span of two days, it has completely recovered the land lost last Friday.

Recently, there are more public opinions about the gem, but there are more people who criticize it for too many bubbles. However, many of the stocks in this sector are heavily controlled, so these public opinions and criticism may be temporarily counterproductive.

The same scene took place in the securities market. Before yesterday's morning, there was a rumor that the margin of securities trading stocks was high. However, the securities companies such as the state securities company had pulled up a wave.

The stock market is originally a game character. In the A share market with high valuations and limited dividends, this feature should be more obvious. Therefore, the author thinks that the trend of some stocks seems unreasonable, but in fact, it has some inherent rationality.

Yesterday, the statistics bureau announced that China's CPI rose 1.4% in February, up 1% from the expected level, and PPI fell 4.8% in February, a 5 year low and a thirty-sixth consecutive month decline.

CPI is higher than expected, which may slightly reduce some expectations of lowering interest rates or reducing interest rates, and some suppression of bank stocks.

Although the above price data are very important, due to the Spring Festival factor, the reference degree is relatively limited, so the Central Bank of the future is still more likely to reduce its accuracy.

Today, the Statistics Bureau will publish more data in February, including data on fixed asset investment, retail, industrial output and property market. If the data is weak, then the market's expectation of loose money is likely to increase.

The recent market expectations of the Federal Reserve raising interest rates in June this year have been significantly strengthened, and the US dollar has also been rising. This factor will probably drive up the emerging market capital and increase the pressure of China's reduction.

Personally believe that if combined with domestic and foreign factors, the probability of China's central bank in April should be "great".

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Yesterday's February national consumer price index (CPI) and producer price index (PPI) data released by the National Bureau of statistics showed that CPI rose 1.2%, an increase of 1.4% compared to the same period last year, less than 2% in 6 consecutive months, and a decrease of 0.7% in PPI, a decrease of 4.8% over the same period last year, and a decline of 36 months in a row, and the decline continued to expand.

In this regard, agencies generally believe that monetary policy may be further relaxed, the rate cut in February will not be the end of monetary easing.

For the aftermarket, analysts pointed out that this week's new blood pumping effect makes the market short term difficult to appear a big class rebound, short and short wins and losses are still difficult to see, 3300 points will be repeated.

The market has been in a state of contraction earlier, and it may become an important factor limiting the height of the market rebound.

Ningbo Hai Shun analysts said that from the volume of volume, yesterday, the total amount of two cities can total 652 billion yuan, the same level compared with the previous day.

Therefore, although the stock index short line stabilizes, but considering this week's new share of the new purchase capital face pressure is still larger, especially on Wednesday, Thursday, the most intensive new shares, respectively 10 and 11, "blood pumping effect" will be more obvious.

Under the pressure of lack of funds, if there is no strong policy stimulus, the structural market will continue throughout this week.