U.S. stocks are closed on Labor Day, and U.S. Fed Chairman Powell will speak once more on 9/8. It was mentioned earlier that the U.S. unemployment rate has risen and wage growth has also slowed down, indicating that the labor market has slowed down. Regarding the strength of the U.S. Federal Reserve’s interest rate hike in late September, and its attitude towards subsequent interest rate hikes, the market hopes from this speech. More guidance can be obtained; as far as the operation is concerned, the key point is to observe the extent of the pullback of this wave of US stocks. So far, there is a risk of bottom testing, which will affect the mid-term chips. Taiwan stocks fell for four consecutive days in September. The lows of the day were lower than the lows of the previous day. Fortunately, following the recent lows, many parties tried to resist.weighted indexAt the end of the day, it rose 16 points to close at 14,677 points, and the daily K-line closed at a cross.andOTC IndexUnder the emergence of profit-making selling pressure, there continued to be a relatively obvious pullback, and the closing position further dropped.If the market is observed by futures, 9/6stageIt opened high in the morning, but similar to the previous day, a medium and long black K appeared on the 15-minute K line at 9:30.stageIt dropped once more until the 15-minute K-line at 11:30 reached today’s lowest point of 14555, and then there was a buying order, and the market continued to hover at a low level.
In the short-term, it has recently been mentioned that due to the upcoming Mid-Autumn Festival and the intensive revenue announcement period in August, the market mentality continues to be conservative, and the index space is easy to be compressed. Conservative mentality is reflected on the disk, especially when TSMC is in a stock market of equal weight, that is, once the chips of stocks with larger gains are loosened, the fluctuations are easy to aggravate, forming a phenomenon of large stocks and small stocks being corrected. Taking biotech stocks as an example, this wave has generally risen by 2 to 3 waves. At present, some funds are making a lot of money on the book, and they are unwilling to hold shares for the holidays, and the stock prices of strong stocks will naturally plummet. This kind of decline is a sign that low-end entrants are taking profits at high-end. Follow-up to observe when the stock price does not break down, this is the signal that the selling pressure is coming to an end. Of course, there is more than one kind of selling pressure on the disk. In addition to profit-taking selling pressure, there has also been a loosening of chips on the disk recently. This phenomenon generally occurs in electronic stocks with noise in the future, such as Winbond, Elan, Genesys , China Probe, Guangjie and other stock prices have continued to drop recently. Compared with profit-taking, this selling pressure comes from bearish prospects, and the short-term consolidation period is inevitably prolonged. Follow-up to observe whether this decline spreads If the decline spreads further, there will be fewer stocks that can be operated in the short term, and funds will be temporarily concentrated in at least a few stocks.
At present, there are only some companies with good revenue performance in August on the disk, and the stock price performance is relatively strong. For example, Zhishenke, a company of automotive power and safety components, has revenue of regarding 850 million yuan in August, an increase of nearly 19% over the same period last year. The revenue of Yijia, a component company, in August was regarding 702 million yuan, an increase of nearly 29% over the same period last year. The revenue of Meilu, a electro-acoustic component, in August was regarding 3.716 billion yuan, an increase of regarding 46% over the same period last year. Revenue was 16.539 billion yuan, an increase of 13.9% over the same period last year. The August revenue of Quanyu Biotechnology, a microbial compound fertilizer, was 460 million yuan, an increase of 184% over the same period last year. Quanxun’s August revenue of radio frequency microwave communication chips and modules 95 million yuan, an increase of 80% over the same period last year, etc., and the common point of these stocks is that the increase is not too large, and the stock price is still relatively low (low level), so there is a lot of advantages (such as Apple’s new machine launch conference) appears, When some buying orders are fired, the stock price can rise. This is the short-term capital direction. We will observe whether the endurance and the stocks with good revenue in August can be like the previous example.
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