Expected to point to about 19000 after the return of gas that city support look 18600

Source: Internet
Author: User
China Asset Management Co., Ltd. the US Commerce Department reported that personal income rose by 0.5% per cent in April, the largest increase since May, mainly benefiting from government tax cuts and relief measures, personal expenditure fell by 0.1% in April, less than the expected 0.2% per cent, and savings rate rose to 5.7%, At its highest level since February 95, the Ministry of Commerce announced that construction spending rose 0.8% per cent in April, with the Purchasing and Supply Professional Association (ISM) rising to 42.8 in May, better than expected 42, industrial and related stocks Boeing (BA), Caterpillar (CAT), DuPont Chemical (DD) built, resource unit Alcoa (AA), Exxon Mobil (XOM) and snow Chevron (CVX) are on the rise, technology is also well established, General Motors (GM) formally filed for bankruptcy protection and was picked up with Citigroup (C), by Cisco Systems (CSCO) and Travelers (TRV) Instead, General Motors ' share price has repeatedly fallen, as the market closed, Citigroup softened, JPMorgan Chase JPM 5 billion of dollars, shares fell, other financial stocks developed individually, Bank of America (BAC) fell, and American Express (AXP) was built, and last night the Dow was up 260 points higher,  The closing 221.11 points were reported at 8721.44, and the Na mean also rose repeatedly, closing 54.35 points and reporting 1828.68 points. Yesterday, the Hang Seng index 329 points High, see 18500 back to 18415, and then repeatedly up, the afternoon up 18896, close 18,888 points, 717 points, the state-owned enterprises rose 509 points, closed to 10937, the transaction amount increased to 100.3 billion yuan, the period of 18690, rose 540 points, than the spot low water 198 points, a deal of 79251; yesterday's reference to 18380 high after the return to 18291, break through 18200 to maintain a repeat rise, coupled with the mainland announced manufacturing Purchasing Managers index (PMI) Slightly back to 53.1, sustained above 50, to stimulate the mainland stock market to build good, afternoon period refers to not only rushed 18600 to 18800, more than 18857, to stay in the spot after the closing sagacity back to 18690, I believe that with the then out of Goldman Sachs to 4.8 to 4.9 yuan sold ICBC set now 14.8 billion yuan, to the current hot market conditions, the news to ICBC itself will constitute a short-term pressure, can hit the hot money wheels off is not sure, if the rise in stocks, sinks and oil prices described yesterday could be interpreted as "looking forward" to a future upturn in the economy, the rise in the price of gold is closely linked to a decline in the purchasing power of the dollar, which is believed to be a fall in the dollar, a disguised appreciation of asset values or artificial inflation, The real economy has increased costs, the decline in demand, employment, per capita income in every situation, the rising power of the stock market mainly from the substantial increase in capital liquidity, more than the true system because the real economic recovery, but in any case, as stated in the past all together in mind, the market does not deduce the negative factors are not the neck, isWith the madness to the national quantitative easing policy began to change, monetary tightening to pierce the bubble, after the creation of exorbitant prices before looting, but the homeopathy, yesterday has said personal choice, at this stage, he will hold the spot does not raise, and other further signals, and to the index, this rally can be compared with the 07 817 fantasy journey, from a technical point of view, Fall back to 17200 to 16800 of the level below the turn of the weak, the current breakthrough 18200 up 18857, continue to test high, whether to 817 low 19363 or 1 waves at the bottom of 20450 touch a stone across the river; That is the city support look 18600.

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