ThursdayA share marketThere's a deep retreat。
Among them, the above-named evidence essentially devours the yang-k line on tuesday, with a downward trend. Meanwhile, last year's investment lineBlue chip unitThe white horse stock, too, fell。
This undoubtedly increases the pessimistic expectations of market participants regarding the follow-up。
Increased stress
Past a stock market trends have shown that the main investment lines of the previous year tended to be less positive in the current year. Because the a stock market tends to have an over-ambitious investment mentality, i. E., to overstretch performance growth expectations in the coming years once the stock surges. As a result, the blue and white pony shares of 2017 were unfavourable in 2018, with increased stock price pressures。
Moreover, there have been new events on thursday's early plate, which have increased the pressure on market participants。
The change of gwig (000651) to the good split habits of the past years has left market participants in a state of disillusionment and constant emotional pressure。
This has set a bad example for the whole blue chip and white horse, so that downside patterns have also emerged in units such as five grains (000858), increasing the pressure on the index。
Medium- and long-term trends are becoming optimistic
However, it is not appropriate to be overly pessimistic about the follow-up to the a stock market。
This is mainly due to the fact that our current policies are well-responsive and that the economic base will be more solid. For example, in the recent past, there has been an increase in information on tax reductions, and following the reduction of vat from 17 per cent to 16 per cent in the previous period, the state council's standing committee on wednesday decided to introduce seven additional tax cuts, which are expected to reduce the tax burden on businesses by more than $60 billion throughout the year。
This means that our policy is well thought out, first of all, by reducing taxes and increasing business profits. Second is the expansion of domestic demand, which, after all, is huge for 1. 4 billion people. Moreover, after all these years of rapid development, the disposable income of our population has increased significantly, providing a vast space for growth in our consumption。
Thus, in terms of economic trends, the future is not pessimistic. Even so, the broader direction of the a stock market should not be pessimistic。
Moreover, the current a stock market also has some index point advantage over the us-european stock market. After all, the evidence points to a low-point region of three years. Through the low index run in the last three years, a number of valuation bubbles have been squeezed. Moreover, in the process of leveraging, our country has also focused on easing the financial constraints on market expectations, such as the calibration, and the abs pledge policy, which means that the orientation of our monetary policy has emerged positively, giving rise to optimistic expectations of new liquidity in stock a markets。
Even so, the future trend in the a share market is likely to be one of little decline, but there is growing optimism about rising space。
In summary, the short-line a stock market may fall in inertia as a result of a number of uncertain short-line events, but there is little space to fall and no arbitrage。
Thus, in operations, each adjustment can be used to increase the position of the warehouse. For the time being, the expansion of the variety of cosmetics, food beverages, branded textile and garments involved in domestic demand can be actively tracked. At the same time, leading units in such related areas as medicine, medical services, medical information and industrial automation can be actively followed up。
