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March 12, 2026, this market shows not a hint of excitement at all!
March 12, 2026, Thursday.
Yesterday’s Bomin Electronics opened slightly lower in the pre-market, but after the open, it surged higher and took some profits early.
Today, the strongest pre-market performers are related to the chemical industry, which can also be called the price-increase line, including chemical fibers, methanol, coal, phosphate chemicals, etc. So basically, there’s no need to pay too much attention to the subdivisions; as long as they are on the chemical price-increase line, they are considered okay.
I selected Cangzhou Dahua, Jilin Chemical Fiber, Taihe New Materials, Yufu Co., Luzhou Technology, Shenzhen New Star, Sunde Chemical, Suzhou Longjie, and Wanwei High-tech. Among them, Jilin Chemical Fiber and Taihe New Materials opened flat, mainly looking for opportunities to break the board and add volume. In the early session, the stronger segments were chemical fibers and coal. Luzhou Technology hit the limit up quickly but didn’t choose to chase due to insufficient volume. Then Wanwei High-tech hit the limit up directly, and I went all in on Wanwei High-tech, finally ending the day early.
Today’s market performance wasn’t great. Although there was increased volume, sentiment was under pressure. Starting around 10:30 AM, there was a wave of decline, which continued into the afternoon open, causing many stocks to break, including Wanwei High-tech, which was crushed. Afterwards, the market rebounded, and the power sector resonated and strengthened. Although the chemical sector was still relatively strong that day, Wanwei High-tech seemed to have exhausted itself.
It’s really hard to make some money lately, stuck in the same place again. I initially thought I could break even today, but Wanwei High-tech’s limit-up broke the streak again, falling just short.
Let’s see what tomorrow brings!