$SSE Comp(000001.SH)$ The shor-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$SSE Comp(000001.SH)$

The short-term fluctuations in the A-share market are inevitable. Let's delve into the reasons behind today's market plunge.

Firstly, the data released last night was somewhat bearish, with loan figures and M2 for September significantly lower than expected. Although the authorities are confident, the market needs to see some tangible results!

Secondly, there is internal debate over the specific amount of this round of stimulus, and there are also negative voices from the outside. Some believe that the current stimulus of a few trillion yuan is not enough to boost the economy. Take the pandemic time, for example; the U.S. directly issued 45 trillion yuan to revive the economy. A few trillion domestically is definitely not enough. Hence, there was a significant outflow of nearly 60 billion yuan in domestic capital today, hurrying off to do what?

Thirdly, as the surrounding environment deteriorates, the A-share market starts to pay the price.

Fourthly, the first batch of China A500 ETFs were listed today, and it is said that the trading was very hot. As of 10:38 am, the total transaction volume of the first batch of China A500 ETFs was nearly 5 billion yuan, about a quarter of the 20 billion initial fundraising scale. By the morning closing, the total transaction volume of the China A500 ETF on its first trading day exceeded 6.6 billion yuan. With funds flowing into ETFs, it's inevitable that some will sell their stocks, which also contributes to the market decline, and this makes sense.

Today's market plunge, technically, is a bearish pattern of two dark clouds sandwiching a bright one, indicating that the market still has to retrace. However, the trading volume of the market did not increase today, indicating that the funds in the market are still stable, and the market is still above the 10-day line. Even if the market retraces to 3150 points later, the upward trend of the market has not changed.

Therefore, overall, it is still possible to consider going long, but avoid chasing the uptrend.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Let's delve into the reasons behind today's market plunge.</p><p>Firstly, the data released last night was somewhat bearish, with loan figures and M2 for September significantly lower than expected. Although the authorities are confident, the market needs to see some tangible results!</p><p>Secondly, there is internal debate over the specific amount of this round of stimulus, and there are also negative voices from the outside. Some believe that the current stimulus of a few trillion yuan is not enough to boost the economy. Take the pandemic time, for example; the U.S. directly issued 45 trillion yuan to revive the economy. A few trillion domestically is definitely not enough. Hence, there was a significant outflow of nearly 60 billion yuan in domestic capital today, hurrying off to do what?</p><p>Thirdly, as the surrounding environment deteriorates, the A-share market starts to pay the price.</p><p>Fourthly, the first batch of China A500 ETFs were listed today, and it is said that the trading was very hot. As of 10:38 am, the total transaction volume of the first batch of China A500 ETFs was nearly 5 billion yuan, about a quarter of the 20 billion initial fundraising scale. By the morning closing, the total transaction volume of the China A500 ETF on its first trading day exceeded 6.6 billion yuan. With funds flowing into ETFs, it's inevitable that some will sell their stocks, which also contributes to the market decline, and this makes sense.</p><p>Today's market plunge, technically, is a bearish pattern of two dark clouds sandwiching a bright one, indicating that the market still has to retrace. However, the trading volume of the market did not increase today, indicating that the funds in the market are still stable, and the market is still above the 10-day line. Even if the market retraces to 3150 points later, the upward trend of the market has not changed.</p><p>Therefore, overall, it is still possible to consider going long, but avoid chasing the uptrend.</p><p></p></body></html>","htmlText":"<html><head></head><body><p> <a data-mention-id=\"000001.SH\" class=\"teditor-mention\" data-mention-name=\"SSE Comp\" href=\"https://ttm.financial/S/000001.SH\">$SSE Comp(000001.SH)$</a> <v-v data-views=\"1\"></v-v></p><p>The short-term fluctuations in the A-share market are inevitable. Let's delve into the reasons behind today's market plunge.</p><p>Firstly, the data released last night was somewhat bearish, with loan figures and M2 for September significantly lower than expected. Although the authorities are confident, the market needs to see some tangible results!</p><p>Secondly, there is internal debate over the specific amount of this round of stimulus, and there are also negative voices from the outside. Some believe that the current stimulus of a few trillion yuan is not enough to boost the economy. Take the pandemic time, for example; the U.S. directly issued 45 trillion yuan to revive the economy. A few trillion domestically is definitely not enough. Hence, there was a significant outflow of nearly 60 billion yuan in domestic capital today, hurrying off to do what?</p><p>Thirdly, as the surrounding environment deteriorates, the A-share market starts to pay the price.</p><p>Fourthly, the first batch of China A500 ETFs were listed today, and it is said that the trading was very hot. As of 10:38 am, the total transaction volume of the first batch of China A500 ETFs was nearly 5 billion yuan, about a quarter of the 20 billion initial fundraising scale. By the morning closing, the total transaction volume of the China A500 ETF on its first trading day exceeded 6.6 billion yuan. With funds flowing into ETFs, it's inevitable that some will sell their stocks, which also contributes to the market decline, and this makes sense.</p><p>Today's market plunge, technically, is a bearish pattern of two dark clouds sandwiching a bright one, indicating that the market still has to retrace. However, the trading volume of the market did not increase today, indicating that the funds in the market are still stable, and the market is still above the 10-day line. Even if the market retraces to 3150 points later, the upward trend of the market has not changed.</p><p>Therefore, overall, it is still possible to consider going long, but avoid chasing the uptrend.</p><p></p></body></html>","text":"$SSE Comp(000001.SH)$ The short-term fluctuations in the A-share market are inevitable. Let's delve into the reasons behind today's market plunge. Firstly, the data released last night was somewhat bearish, with loan figures and M2 for September significantly lower than expected. Although the authorities are confident, the market needs to see some tangible results! Secondly, there is internal debate over the specific amount of this round of stimulus, and there are also negative voices from the outside. Some believe that the current stimulus of a few trillion yuan is not enough to boost the economy. Take the pandemic time, for example; the U.S. directly issued 45 trillion yuan to revive the economy. A few trillion domestically is definitely not enough. Hence, there was a significant outflow of nearly 60 billion yuan in domestic capital today, hurrying off to do what? Thirdly, as the surrounding environment deteriorates, the A-share market starts to pay the price. Fourthly, the first batch of China A500 ETFs were listed today, and it is said that the trading was very hot. As of 10:38 am, the total transaction volume of the first batch of China A500 ETFs was nearly 5 billion yuan, about a quarter of the 20 billion initial fundraising scale. By the morning closing, the total transaction volume of the China A500 ETF on its first trading day exceeded 6.6 billion yuan. With funds flowing into ETFs, it's inevitable that some will sell their stocks, which also contributes to the market decline, and this makes sense. Today's market plunge, technically, is a bearish pattern of two dark clouds sandwiching a bright one, indicating that the market still has to retrace. However, the trading volume of the market did not increase today, indicating that the funds in the market are still stable, and the market is still above the 10-day line. Even if the market retraces to 3150 points later, the upward trend of the market has not changed. 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