2024-08-16
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Today's A-share market is very simple, with shrinking volume and quantitative selling. It is also the futures delivery day. The early trading situation is everyone's happy arbitrage. Yesterday's rise in Huijin was for early trading arbitrage.
At this position, there is really no direction, no main line, no funds, no emotions, and no market conditions. You can only do some grid operations and follow quantitative and institutional arbitrage between small areas.
The quantity has decreased, have the goods been shipped?
The shrinking volume is a very normal thing. Most people have already despaired of the market. Hong Kong stocks have performed very well. They are more elastic and T0, which is more suitable for bottoming out. During the year, the cost of A-share chips has dropped by less than 10%, while that of Hong Kong stocks has been close to 20%.
This year, I have not thought about making a profit. My goal is to reduce costs and earn more shares. Hong Kong stocks are T0, and there are Chinese stocks as a reference, so it is relatively easy to participate. In addition, Hong Kong stocks have low valuations, negative premiums, and good performance.
Finance and liquor have no direction. Securities want to rise, but find that there is no incremental funds. Looking at the performance of liquor, there is not much expectation. The market is shrinking like this, and all technology and experience are invalid.