From despair to a bull market, the A-share market only took one and a half months, confirming the old saying: the market always emerges in despair, grows in doubt, and collapses in madness.
Looking at the A-shares that surged today, and then looking back at the A-shares at the end of April, one can truly feel a sense of nostalgia from seeking hope in despair. It must have been quite pessimistic at that time, looking back now, did the A-share market hit a gold mine? Indeed, it did. Did you seize the opportunity? I seized a tiny bit... Without a certain faith and market experience, you probably wouldn't understand it like I did when I wrote about it at the end of April.The hero who steps in for the country.It's probably a far-fetched idea that most people wouldn't believe. If interested, please read the two articles I wrote before this.
4.27-Wednesday is a statutory great miracle day, is there still a chance to get on board?
4.29-The market is not short of money, what is lacking is the confidence to go long!
I have been investing in the big A for almost 8 years. Without going into too much detail, I have witnessed the ups and downs of 2014-2015, the continuous decline from the beginning to the end in 2018, and the rollercoaster ride of 2020-2021. $SSE Composite Index (000001.SH)$Experiencing multiple fluctuations, putting a bet on China in the big A has long become a personal belief.
Seeing the recent strong performance in the big A, let me elaborate a bit more.Let's return to discussing the current market situation.
A-shareAlthough there has been a recent strong short squeeze and increased trading volume, it seems risky to chase the surge in the financial sector today. Do not easily buy high, as there was a high followed by a pullback in the afternoon. Wait for a correction.
Hong Kong stocksIncreased transaction volume is good, but we need to watch out for the Federal Reserve interest rate meeting...