Secondary bottoming day, also a time of blooming prosperity. -2.6 Review

The three major indices of the market still closed slightly lower today, and the overall market is roughly half of the stocks declining. But today, there was no more complaining in the market because it was a second bottom test, and the market started to warm up. The market sentiment is still quite good. Today, the three major indices fluctuated from red to below water in the last hour of trading. Some people are worried, but this is actually normal. The reason is that in recent days, the market has been scared, and few dare to make big moves. Many people have been caught in positions, and when they see a pullback, a lot of funds follow suit and cut losses. It’s also year-end, with funds holding coins for holiday spending choosing to exit. The external stock markets are still weak, especially the NASDAQ starting to decline, with some funds fearing further impact and expecting a big gap down on Monday. So, the late-day decline is inevitable, and it’s not just today. In the next four trading days, the market is likely to surge during the session and then retreat at the close because these factors are still present. But this does not affect the fact that the major indices have successfully tested the bottom twice, nor does it hinder the subsequent upward and rally trend. Also, the big A-shares don’t follow trends blindly; they just happen to take advantage of this wave. Last year, the entire year, the big A-shares moved independently on a slow bull trend, and it’s unlikely they will reverse course now. [Taogu Ba]

Today, the sector market was really hot, like a big feast where everyone had a share, giving plenty of opportunities for those wanting to cut losses and exit. It was a relatively mild day. Actually, the market is expected to continue with sector rotations and hot spots because the main theme trading time is running out, and the sector ecology was very bad in the past two or three days, which also made market funds hesitant to push a strong main sector. Plus, there are only five trading days before the holiday, so time is too short.

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Market situation today:
The three major indices opened lower in the morning, tested the bottom, and then recovered, but in the afternoon, they fluctuated and declined. The Shanghai Composite Index fell 0.25% to 4065.58, the Shenzhen Component Index fell 0.33% to 13906.73 points, and the ChiNext Index fell 0.73% to 3236.46 points. The total turnover was 216.35 billion yuan, down 30.8 billion from the previous trading day. The more active sectors today were robotics, chemicals, lithium batteries, etc.

1. Actual number of limit-up stocks: 63; limit-down stocks: 10; limit-up rate: 70%.
2. Number of stocks rising: 2749; stocks falling: 2550.

Market summary: The overall market had more stocks rising than falling, with average profit-making effects. The overall data today didn’t change much, but the market sentiment felt pretty good because the major indices successfully tested the bottom twice, and the outlook is expected to improve. My short-term account is still fully invested in fiber optics, which was the first sector to rally today. The overall movement was a rise and then a pullback, but I remain confident in this sector as part of the trend. This is a normal pattern. My trend-following account also opened with 50% position today. As the market stabilizes, I can gradually increase positions.

My plan will be posted in the comments on Monday morning.

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High-emotion zone (7 stocks):

Hangzhou Electric Co. - Fiber optics + Ultra-high voltage, 5 out of 6 days of hitting the limit,

Mingdiao Co. - AI media, 5 out of 6 days of hitting the limit,

Han Jian Heshan - Planning to acquire Xingfu New Materials, 4 consecutive limit-ups,

Kailong Gaoke - Planning to acquire Jinwangda + ChiNext, 3 consecutive limit-ups,

Hangzhou Jebai - Gold retail, 3 consecutive limit-ups,

GCL System Integration - Space photovoltaics, 3 consecutive limit-ups,

Shenjian Co. - Commercial aerospace, 3 days with 3 limit-ups,

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Promotion to the Second Board Zone (4 stocks):
(1) Huangting International - Solid-state batteries, 2 consecutive limit-ups,
(2) Jinfu Technology - Planning to acquire two liquid cooling heat dissipation companies, 2 consecutive limit-ups,
(3) Tianzhong Precision Machinery - New industrialization + ChiNext, 2 consecutive limit-ups,
(4) Intercontinental Oil & Gas - Oil and gas exploration, 3 days with 2 limit-ups,

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Special thanks to @Dajiangdongqu123 for rewarding 5000 points, @QiaobanshaoxiaMi for 1100 points, brothers for their big support.

Thanks to @ShuaiShuaiorz and @Jiaoye for their support and rewards. Thanks to all the friends for your likes and comments, and for your continuous support.
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Disclaimer: The views expressed are solely personal thoughts and records, and do not constitute any investment advice. Keep a good mindset, and may the stock market have a long rainbow.