03.04 Review: Failed Again

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Abstract generation in progress

Disclaimer: The following are personal thoughts, not investment advice [Taogu Ba]
Limit-up situation

Two consecutive limit-ups
None
Promotion from 2nd to 3rd limit-up

Promotion from 3rd to 4th limit-up

Promotion from 4th to 5th limit-up
None
Promotion from 5th to 6th limit-up
None
Limit-up crushed

Top 20 decline

Yesterday’s limit-up on the Growth Enterprise Market

Today’s limit-up on the Growth Enterprise Market

Market movement
46 limit-ups, 21 limit-downs

  1. Market

Regarding tomorrow

The index opens at a freezing point, with significant divergence in oil stocks. Various sectors like chemicals, tungsten, and electricity see gains but fail to open further profit opportunities. Most stocks surge then fall back.
Yunnan Energy Holdings, the highest, was affected by high sentiment and regulation but didn’t hit the limit. Its recovery indicates short-term sentiment is slightly improving.

This morning, China Petroleum’s quick drop to the limit was shocking, causing big volatility in the sector; intercontinental oil and gas stocks initially surged, and Tongyuan Petroleum’s late rally helped the sector recover. Future movements still depend on news or futures performance.

There’s a rebound in the external markets, so A-shares are expected to open high, looking for support. We’ll observe how the relatively strong sectors like electricity and AI respond. It’s really hard to make big moves when the market can’t break through high levels, so I can only follow quantitative strategies for sector arbitrage.

  1. Trading

Hua Sheng, which cut losses yesterday, surged significantly today, but then hit Yunnan Energy again—very tough.

Best wishes

Reviewing the market is not easy. A few free likes or shares are the biggest support I can get.

Investing is a lonely journey. You must withstand the hustle and bustle and endure the loneliness.

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