.Review Summary
7 Boards: Silver Nonferrous
4 Boards: Yuguang Gold Lead, China Agricultural Union, China Gold
3 Boards: Hunan Gold, Zhaojin Gold, Sichuan Gold, Jinhui Co.
2 Boards: Kecai Technology, Kangqiang Electronics
Market data: 1631 companies in the red, 3460 companies in the green, 80 limit ups, 5 limit downs, 227 big up days, 117 big down days, reversal wave -5 245, -10 13, attack wave +8 138.
Indices: The two markets had a transaction of 296.54 billion, with a volume of 70.4 billion, the main index increased by 0.27%, closing at 4151, with a high of 4170 and a low of 4138. There's not much to say; just look at the intraday trend of broad-based ETFs, and you’ll know that several ETFs of the CSI 300 have set historical highs, indicating how severe the pressure was today. The current main index is like carrying a mountain forward.
Market situation: It’s another day of confusion. This confusion divides people into two groups: one group is winning big, and the other is losing big. The gold traders are winning big, while the aerospace people are losing big. Today, apart from the nonferrous resources sector, almost all other sectors have been wiped out. This round of nonferrous resources market, especially gold and silver, may have surprised many, and not many participated. Up to now, there aren’t many participants seen on the dragon list, which can be said to be driven entirely by quant trading. Today is probably the peak climax; the entire gold sector index has risen by more than 7%. For those outside the market now, they can only watch, having lost the best participation opportunity. On the other side, those in commercial aerospace and AI applications who are losing big, many popular stocks today have shown large downtrend lines, such as Zhizhi, Blue Label, Tianyin, etc. Now, we can only wait for the tide of nonferrous resources to recede before other sectors have hope. As for tomorrow, we can only wait; we dare not approach the extreme peak of gold and silver, and similarly don’t know how aerospace and AI applications will adjust. The entire cycle is in a completely chaotic state, and the difficulty of operation is quite high.
