the central bank announced interest rate cuts to be announced May economic, financial data, perspective May economic, financial data fear than expected worse. Historical experience, the beginning of an easing cycle, the first interest rate cut of up to stimulate the market short-term technical rebound, after the market is still continued the previous trend of adjustment, until the good economic policies to stimulate or cut interest rates accumulate to a certain extent, when the investment those who see China’s economic growth, the performance of listed companies inflection point appeared, the A-share market will reverse the previous weak trend.Desheng Ji Jin Research Center estimates, the average position of the direction of partial stock funds two weeks after a fall significantly in the last week jiacang. Active equity funds, hybrid funds of the partial shares, the weighted average positions of the configuration mixing funds 83.27%, 76.25%, 69.01%, compared to the previous week, an increase of 2.51%, 1.53%, 2.06%. Private equity funds, specialized investment institutions, securities firms, self-employed, and Information Management is also the end of May to improve the position. Stock funds dominated the market, most agencies money into stocks, it means to “pull the drawer” game will start a new play by a rebound in the holdings of lower positions in the stock steering adjustments, the initiative of some investors to lighten up will be the A-share market fell, a new impetus.
When all hot A-share market valuations are at historic lows, the CSI 300 price-earnings ratio is lower than the U.S. S & P 500 earnings, the Shanghai and Shenzhen stock markets and leveraging overnight European and American stocks rebounded in the June 6, the central bank announced June 8 to cut interest rates, the market for two consecutive trading days Gaokaidizou This optimistic investor psychology dealt a serious blow. With the A-share market continue to shock the grind, the bull camp probably will soon appear fission. It is noteworthy that, professional institutions, broker self and Information Management, set winding-up line once the sun private holders of stock losses hit a wind control line, passive stop-quite a lot on the broader market of mass destruction, from 2535 to 2132, the end of last year points of the decline in the tail section, short force as part of from the passive stop plate.
central bank cut interest rates, the five state-owned banks announced the floating of a period of one year deposit rate to 3.5 percent, close to 1.1 times the limit after the central bank requires. Before the rate cut to 3.50% rate cut to 3.25%. Five banks to floating interest rates on deposits, the equivalent of deposit interest rates did not drop, and lending rates cut by 0.25 percentage points, the actual results of the asymmetric cut interest rates, the interest margin is bad news for banks, which is not difficult to understand the bank valuation in history low why Yindie also. Nearly a year, A shares in the contour level adjustment, showing underestimate the value of the blue chips down first, followed by a cyclical industry, second-tier blue chips to keep up with the final stage of a strong plate Budie, and then entered the rebound. The rear plate of the brokerage, real estate, wine.
Shanghai Composite Index in the fall of the half-line, multi-party gave up the early efforts to maintain a strong strategy, it seems that the temporary strategic retreat. Since February this year, the Shanghai Composite K-line formation of the two-headed may be neckline in 2242, once the double-headed shape the formation and breakdown neckline, multi-next defense point is expected in 2250. 2008, the Shanghai Composite Index by the strong support of the 120 month moving average, and trigger mid-1664 points to 3478 points, a rebound in January this year, the Shanghai index rebound again in the 120 month moving average, but the rebound is not strong . The Shanghai Composite third breakdown of the 120-month moving average, once validated below the A-share market in the medium-term trend probably hard to be optimistic in the coming months.this year
, has been 6% of the stocks in the A-share market hit a record low. Which, in the first four trading days, the two cities, June 73 stocks hit a record low. From a historical perspective, this is not a good sign, means that the Shanghai and Shenzhen stock markets have entered a contour level adjustment, stocks will soon be staged in a large area of a record year low, or a record low. Short-term, multi-party or will be with the policies or events that stimulate fried leftovers, hot but a lack of continuity, it is difficult to change the focus gradually down trend, adjusting the first goal of 2242 points.
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