A-shares: Securities funds cut fees, RMB breaks 7. Will the market continue to deteriorate tomorrow?-clevelanddrifters.com

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A-shares: Securities funds cut fees, RMB breaks 7. Will the market continue to deteriorate tomorrow?

time：2023-03-24 01:30:06 source：clevelanddrifters.com author：Fuel stock

A-shares: Securities funds cut fees, RMB breaks 7. Will the market continue to deteriorate tomorrow?

Suddenly, a black storm swept in, catching the investors by surprise. Today, the Chinese stock market successfully staged Black Thursday. Although the main board did not fall much, the impact has exceeded expectations. Judging from the time-sharing chart, after the three major indexes opened higher, they dived all the way, with no resistance at all. The main force smashed the plate without looking back, and his eyes were red, while the retail investors were running around and trampling on each other, forming a situation of wrong killing. Judging from the enlarged volume, the panic has been fully released, which is the only information harvested today. Just now, three major signals came out from the market, casting a shadow on tomorrow's market. Published opinions on further optimizing the business environment and reducing institutional transaction costs for market players, including 23 items in five areas. In terms of further standardizing enterprise-related charges and promoting the reduction of the operating burden of market players, the opinions propose that efforts should be made to standardize financial service charges, encourage securities, funds, guarantees and other institutions to further reduce service charges, and promote financial infrastructure to reasonably reduce transactions, custody, registration, and settlement. and other expenses. To put it simply, the state should encourage financial institutions to reduce taxes and fees, including transaction, custody and other fees, which can be appropriately reduced, so as to give profits to investors and make them feel full of happiness. However, investors are more concerned about whether the stamp duty can be reduced, and whether the stock market can stop falling like this. Let's not talk about the ups and downs of the stock market first, just the stamp duty. If it is really reduced, can you guarantee that you will not lose money? You know, it's not the cost that determines your success or failure, it's the investment mindset. Signal 2: The RMB exchange rate has broken "7"! On September 15, Beijing time, in the foreign exchange market, the spot exchange rate of the offshore RMB against the US dollar fell below the integer mark of "7". After a lapse of more than two years, the exchange rate of RMB against the US dollar has once again entered the "7" era. The fall in the exchange rate directly leads to the flight of foreign capital, which we have seen before. Today, the northbound funds were sold slightly. Although they were not the culprits of the market decline, they were also accomplices. Their every move had a really big impact on the market. Just imagine, if today's northbound capital buys in a big way and forms a confrontation with the main force, the broader market may not necessarily fall so badly. Signal 3: Is this the reason behind the smashing of new energy track stocks into doubting life? A screenshot came out on the Internet today, saying that in the U.S. IRA Act, the tax credit policy for electric vehicles will ban Chinese batteries after 2024. It is such a reason that the sectors related to automobiles and automobiles have suffered a direct decline in a mixed iron furnace, and the GEM has been directly dragged down. Whether or not this is the reason, we have at least confirmed one thing, that is, the automobile and automobile peripheral sectors have a really great impact on the ChiNext. They can support the GEM in May and June, and they can also pull the GEM down today. Investors who chased up these sectors in the past have undoubtedly been smashed to pieces. In addition, if it weren't for the big financial sector holding up the Shanghai Composite Index, its decline today would not be small. According to the past trend, it is at least 2 points away. So, we can appreciate how safe the undervalued sector is right now. Tomorrow's market outlook Through today's drop, investors are now frightened and unable to lay down their guns. They have lost their fighting spirit. For the next market, in addition to being bearish, they are bearish! The fragility of human nature is vividly reflected at this moment, which is also their instinctive reaction. There is no way. Since the stock market follows the law of one profit, two draws and seven losses, 70% of people will cut their meat and stop losses here. That is to say, the will of these people has been completely defeated today, and the purpose of the main force has exceeded expectations. . At this moment, only by lying down can we respond to all changes without change! Now that the panic has been released, we have no reason to be afraid! Tomorrow, the bulls will launch a counterattack, we will wait and see! After reading the likes, it is the biggest support for me!

(Responsible editor：Trend)

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