Wanguo: First and then Yang concussion finishing

Wanguo Securities Research Institute Qian Qimin Features: Monday Shanghai and Shenzhen stock market by the correction of the surrounding markets, the former city after a quick dip after the bottom, and then stabilize the reorganization, step by step, the city of the cities were small rise, the final Shanghai Composite Index closed 2652.78 points, rose 7.52 points, or 0.28%, Shen Chengzhi closed at 10314.04 points, up 40.81 points, or 0.4%, the cities have a total of 180.1 billion yuan, increase 10.6 billion yuan. From the handicap, coal-electric stocks outstanding performance, an average rise of 4.44%, auto and auto parts stocks are also more active, while the bio-medicine stocks fell back, the decline in front.　　In the end, the two cities have a total of 18 stocks trading, the stock fluctuation ratio of about 3:2.　　Future judge: According to the current market, the stock index fluctuation increases, the market divergence intensifies, although the rebound market is not exhausted, but the trend twists and turns, short-term to strong shocks mainly. In the past strong market, generally every Monday market prone to attack-type rising Yang line, through the weekend time, exchange of information, enhance confidence, mobilize funds, often the longer the closing time, after the opening of the more aggressive, so in the strong market we often see the market. But judging by the trend of the Monday, investor mentality is obviously swinging, although last week's macroeconomic data is lower than expected, some indicators repeatedly, indicating that the real economic adjustment time is prolonged, and the surrounding market, the recent largest decline in the news impact, there is a certain degree of the bottom is also reasonable, but from the subsequent rebound look, the bulls momentum is insufficient Present a hesitant and swaying trend.　　Combined with the Monday is also a drop in the Middle Yin Line, two consecutive Monday are wide shocks, at least to show that more and more space differences, the market mentality tends to be cautious, although the rebound trend is not over, but the upward momentum will be significantly reduced, the future twists and turns to increase. From now on, the overall market remains strong, the future gradually into the stalemate stage, on the one hand, to stabilize the disk, but also continue to cultivate and explore hot spots, only a new effective hot spots, bulls will be renewed, to bring the market a new height, and if only rely on the original hot and the theme of repeated speculation,　　The local bubble will increase, and eventually become the end of the drumming game, so from the short-term view, the market will maintain a strong concussion, the focus is to find new hot spots. Operation strategy: The operation should be moderate and cautious, although still can be heavy, but the proportion of positions should be reduced, 60%-70% more appropriate. Pay attention to hot spots change at the same time, using the hands of high throw low suction, rolling operation.