The Index Will Rise To Death And Be Alert To Short-Term Shocks.

　　 General trend: short or intraday earthquake

Although the Shanghai stock market crashed in December 5th (last Friday), yesterday, under the leadership of brokerage firms, the Shanghai Stock Index rushed to the top 3000 points. What do you think of the current market situation?

Chen Yu: yesterday Large cap stocks Driven by A shares continue to rise. We note that the continuous increase in the financing data indicates that the market is extremely exciting and it is also very exciting.

Kang Haoping: the market is crazy. We are going all the way to the 3000 point! The market will continue to fight down and kill the bears. As for where to go in the end, genius knows how complex the complexity of human nature can be.

Xin Yu: Recently, the main axis of the A share market is pulling index. The index increase is much larger than that of the stock market. Now the big stocks of the stock market are increasing too much, which makes the short squeeze very miserable. The future index is likely to rise slowly and continuously.

Qiu Tian Di: no risk interest rate drop brought a large number of foreign funds into the market, underestimate the value of blue chips are favored by new funds, the leverage effect of the financing plate to promote the two cities volume continued to soar, the index skyrocketed. The stock market is most likely to benefit from the securities and insurance sectors. The high expectations for next year's performance will lead to the frenzied pursuit of the stock market. As part of the blue chips have not yet returned to a reasonable valuation, there is still room for growth. For example, the valuation of bank stocks back to 1 times PB is normal. We are optimistic about the stock market in the medium and long term, but in the short term, because of the more profit margins, we do not rule out a large concussion in the intraday market, which has been reflected in the recent two days.

　　 Position: 3000 points are expected to be stable in the year.

Judging from the historical market, yesterday's stock index closed below 3000 points in April 25, 2011, and for the first time in more than three years, it hit 3000 points. We have noticed that from 2009 to 2011, the scramble for competition in the Shanghai stock index will be aggravated after 3000 points per station, and the first few times will not be able to stand firm 3000 points. So this time Stock index Can we stand firm at 3000?

Chen Yu: I think the A share will have a callback, but it will not be very intense. After the whole market has been leveraged, valuations will rise. In my view, the current market trend reflects the essence of capital's advantages and disadvantages and the process of moving assets. The wave will not stop soon after the wave is opened.

Kang Haoping: perhaps many people did not expect the Shanghai stock index to stand 3000 points so quickly. A month ago, some people thought that this year's index will be 2500 points, next year's 3000 points, I did not expect to finish in early December this year. I think it is not easy to assert that the stock index can stand firm 3000 points in the year, but the bull market is also possible to rush to 3400 points. I think there may be a pullback anytime, but the index should keep rising in December this year.

Xin Yu: this Shanghai Stock Index station 3000 points are completely different from before. The market is much more powerful than the empty side, so the empty side is very hard to show off. During the year, the stock index should be able to stand firm 3000 points. The possibility of a sharp correction is very small. The general callback is a normal phenomenon. But if there is a big pullback in the market, this is the top, and it will be the top of many big blue chips, but I still think it is unlikely.

Qiu Tian Di: yesterday, the Shanghai Stock Index station has 3000 points, where a lot of profit margins have to be digested. We do not rule out a big adjustment, but I think the overall valuation of stock market is reasonable on the 3000 point. This market is different from the past. Under the great situation of reform, the market is expected to continue to rise in the medium and long term. However, it is worth noting that in December, faced with tighter funds, investors should be especially careful about the callbacks in the market and wait for the new year's market after the new year's day.

　　 Talking about stocks: Small cap stocks remain Worthy of attention

Judging from the current market trend, blue chips and small cap stocks are seriously differentiated, especially small cap stocks. What suggestions do you have for investors in the December A share operation?

Chen Yu: do investment, do not always want to earn every cent of the money, on the basis of a deep understanding, do a good job in the market to do a good job of switching. In fact, many of the small cap stocks that have fallen sharply have surged in the early days. With the switch of hot plates, the decline of small ticket is normal. In the future, small cap stocks will be able to find promising industries and companies after the callbacks are in place.

Kang Haoping: in Daniu, buying stocks needs no news, buying stocks will buy strong stocks and buy leading stocks. I think there are risks at any time, but now we can only buy strong stocks and buy financial stocks. Because the strong and the strong, some people throw away the small ticket, and now everyone has reached a consensus on financial stocks. At present, bank stocks have not yet gone up, and if bank shares are soaring, it is possible that Shanghai stock index will rush to 4000.

Xin Yu: now investors holding small cap stocks are best not to change, do not follow suit to catch up. Recently, financial stocks and "two barrels of oil" have risen sharply, and they are eager to buy big blue chips. The odds are very low. The process of stock rising is the process of increasing risk.

Chou Tian Di: at present, capital flows mainly to undervalued blue chips, causing small cap stocks to fall. But when the blue chips return to a reasonable valuation, small cap stocks may rebound, because the management intention is to attract capital into the stock market and activate the stock market. The purpose is to solve the financing problems of small and medium-sized enterprises first, encourage and cultivate enterprise innovation, and secondly, promote the reform of state-owned enterprises. Therefore, companies with innovative advantages in small cap stocks still have huge opportunities to rebound.