Japan, Korea Plunge; Nvidia Loses $200B; A-Shares Hit New Lows

Affected by the sharp decline in the US stock market last night, the stock markets in the Asia-Pacific region fell collectively today, with Japan down 4.24%, the Taiwan Weighted Index down 4.52%, and South Korea down 3.15%.

As of the close of the A-share market, India fell 0.48%.

Regardless of the external ups and downs, it has been steadily rising, which is the exact opposite of the stable decline of A-shares.

Poor financial consumers of A-shares, they can only quietly wipe away tears of envy and jealousy.

Today, all four major A-share indices closed down, with the Shanghai Composite Index down 0.67%, closing at 2785 points, continuing to set a new low in the adjustment; the Shenzhen Component Index fell 0.51%, the ChiNext Index fell 0.11%, and the STAR 50 fell 0.40%.

The total turnover of the two markets was 559.4 billion, shrinking by 21.2 billion compared to yesterday, with net selling of 18.2 billion by domestic funds.

How can a market that loses money every day and has a daily shrinking turnover of only about 500 billion become strong in the short term?

Moreover, technically, it is suppressed by the 5-day moving average and cannot lift its head, and it is still in a market where there is a new low after a new low.

Looking at the current situation, it is still in a declining trend.

Looking at the quarterly line, since the low point of 998 in 2005, every time the market has retraced the upward trend line, it has triggered a bull market rebound, only this time, it has effectively fallen through the upward trend line, which is also the most pessimistic market confidence since I entered the market.

Individual stocks, more than 3,900 rose yesterday, and nearly 3,900 fell today, with only more than 1,200 rising, 44 hitting the daily limit, and 34 hitting the daily limit down, resulting in a serious loss effect.

A-shares, who can stand this kind of ups and downs in a day.

Looking at today's plate, in the morning, under the pull of securities firms, power batteries and other sectors, all four major indices except the Shanghai Composite Index closed red, especially the ChiNext Index once rose close to 1%, with more than 3,000 individual stocks rising; it's a pity that shortly after the afternoon opening, a certain team once again pulled up the four major banks, causing the double innovation index to turn from rise to fall, and the four major banks are really not shallow.

Today, the outside world fell sharply, and if A-shares could close with a big Yang line, it would be the most confidence-boosting, but I didn't expect that a certain team still went to pull up the four major banks, this indicator that is the opposite of the market's profit effect, and continued to severely damage the confidence of investors.

Why does a certain team spare no effort to pull up the four major banks?

You know, the absolute controlling shareholders of the four major banks are all Central Huijin; this year, a certain team has entered A-shares on a large scale, and the ultimate goal is still to make money.

In the first half of the year, it has already made a profit of 377.1 billion yuan.

Such a bleak market has overturned my cognition.

A certain team is equivalent to a stabilization fund and should bear the heavy responsibility of stabilizing the market.

When the market falls sharply, it should enter the market and not aim to make a profit, which is the responsibility of a stabilization fund.

But in fact, it is the exact opposite, constantly using the four major banks to greedily earn profits by treating financial consumers as "blood bags", leading to the market's continuous decline, and investors continue to lose money, and finally can't stand it and leave the market.

In terms of sectors, all the leading sectors that rose today have shown a trend of rising and falling, and it can be seen that there is not a good profit effect; for example, the strongest rising pharmaceutical business only took 12 minutes in the morning to pull up to the highest point of the day, rising by more than 4%, and then fell all the way, closing up 3.63%.

Those who chased in the morning were trapped again, and it is very likely that they will be buried tomorrow.

In addition, the leading sectors such as power batteries, insurance, and education have been falling all afternoon, and even a day can't be maintained.

It can be imagined how good it will be tomorrow.

If you chase in today, you can't sleep tonight.

After six consecutive days of rising, the ST sector finally fell today; the consumer electronics that performed strongly yesterday, black home appliances, AI mobile phones, AIPC, EDR are all in the leading position today.

Artificial intelligence and other technology stocks fell sharply today, mainly due to the sharp decline in US technology stocks last night.

Among them, NVIDIA fell 9.53%, evaporating 20 trillion in market value overnight, equivalent to falling by 2.5 Ningde Times; the semiconductor leaders TSMC and ASML fell by more than 6%, which led to the collapse of domestic technology stocks.

The article yesterday suggested that Huawei concept stocks are optimistic about the opportunity to adjust, and today it adjusted as expected, is it a risk or an opportunity?

From a technical perspective, today's closing is a doji, although the sector fell by 1.47%, the main funds at the bottom quietly bought in, and the volume did not increase significantly, and the stock price is still above the main cost line, and there is no sign of weakness in the short term.

In addition, the leader Shenzhen Huaqiang continued to hit the daily limit, and has already made 14 out of 15 boards, and Kechuang Technology has made 8 consecutive boards.

As long as the leader does not fall, the market is expected to continue.

So in the short term, you can continue to focus on Huawei concept stocks.

In general, there is no sign of the market strengthening in the short term, and it is still in line with the previous strategy, the short-term suspension, and the strategy of lying flat in the market.

If you want to play short-term, you can aim at Huawei concept stocks with a small position.

Investment has risks, and the market should be cautious!