Hexun Investment Advisor Wei Yugeng: Don't go against the trend in the morning session!

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On March 13, Hexun Investment Advisor Wei Yugen stated that the early trading session today is very critical. Do not do the opposite in your operations. We are at a point where it’s time to switch chips, and today is very likely to see high volume. Last night, the oil and chemical sector surged significantly, while the US stock market fell sharply. Influenced by this, oil and chemical stocks are likely to open high today, while technology stocks may open low. At this moment, investors need to carefully consider their strategies: should they chase high in oil and chemicals or bottom fish in tech stocks? It is worth noting that technology stocks were already declining yesterday. Although the decline in the US stock market today is a fact, pre-market signals show signs of a rebound, which may lead to a rally in US stocks tonight. Based on this, investors should also consider how weekend news might develop and how technology stocks will perform next Monday.

(Edited by: Zhao Yanping HF094)

【Disclaimer】This article only reflects the author’s personal views and has nothing to do with Hexun. Hexun website remains neutral regarding the statements and opinions in this article and does not provide any explicit or implicit guarantees regarding the accuracy, reliability, or completeness of the content. Readers should only use it as a reference and bear all responsibilities themselves. Email: news_center@staff.hexun.com

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