Afternoon review: Gem index fell 1.19percent, titanium dioxide plate rose against the market

category:Finance
 Afternoon review: Gem index fell 1.19percent, titanium dioxide plate rose against the market


As of 11:30, the net outflow of northward funds was 479 million yuan, the net inflow of Shanghai Stock connect was 814 million yuan, and the net outflow of Shenzhen Stock connect was 1.292 billion yuan.

Huatai Securities issued a paper saying that since August, the volatility of the market has increased significantly, reflecting the increasing divergence in the market, and the subsequent market expectations are moving towards the same process again, which may further bias the style to value stocks. In terms of policy orientation, the central banks monetary policy in the second quarter once again made clear cross cyclical adjustment, which actually reserved policy space for the 14th five year plan in the future. On this basis, the slow bull foundation of the A-share market may be more solid.

From the stock market point of view, the economy is still in the process of recovery, the monetary policy is normalized, and the market is still in the process of shock, according to the paper issued by CSCI. Loose global liquidity and economic recovery are conducive to the support of commodity prices. From the perspective of industry allocation, it is suggested that investors should adopt the method of balanced allocation to grasp market opportunities. From the matching of industry prosperity and valuation level, investors tend to moderately over match cycle, finance and other relatively undervalued sectors. While there is a good margin of safety, it can obtain certain driving force along with economic recovery.

Everbright Securities issued a paper saying that the market will enter a period of intensive disclosure of the interim report. At the same time, a number of important economic data, such as social consumption and M2, will be released, and investors can focus on it. In terms of allocation, the recovery of PPI is expected to drive the cyclical stock market. There are opportunities for excess returns in home appliances, automobiles and some cyclical sectors. At the same time, there are investment opportunities in industries with outstanding performance in pharmaceutical, electronic, agriculture, forestry, animal husbandry and fishery. In addition, the dark moment in the financial sector has passed, so we can focus on the investment opportunities in the banking and insurance sectors after the mid season. Although the big game intensifies the short-term correction of the science and technology sector, the relevant high boom industries are more comfortable to buy after the decline.

According to the founder strategy, in the past 50 years, gold has experienced two rounds of long-term bull market, and is currently in the third round. The first round of downward real interest rate is dominated by inflation, and the second round is dominated by nominal interest rate. From the medium-term perspective, the policy choice of the central banks of the worlds major economies represented by the Federal Reserve in the face of economic recession has become an important support for gold prices in the medium term, and gold ETF is the best channel to invest in gold. window.__ STOCK_ COMPONENT__ .push({code:000001,type:SH_ Index , tag: time }; source: Netease Financial Editor: Yang Qian_ NF4425

According to the founder strategy, in the past 50 years, gold has experienced two rounds of long-term bull market, and is currently in the third round. The first round of downward real interest rate is dominated by inflation, and the second round is dominated by nominal interest rate. From the medium-term perspective, the policy choice of the central banks of the worlds major economies represented by the Federal Reserve in the face of economic recession has become an important support for gold prices in the medium term, and gold ETF is the best channel to invest in gold.