The weekend is expected to focus longest on the situation in the Middle East, and my personal judgment is very simple, there is no real large-scale war, it will be turn-based, it seems that in the Romance of the Three Kingdoms, turn-based will be used. The commodity game is relatively long, so it is still necessary to feedback the expected adjustment on Monday, which can be superimposed on the control of Russian metals to see how the two Hedging. Based on global demand and secondary inflation expectations, it should not be a big problem. Expectations based on war are shorter.

From my personal point of view, Kokujo is still very positive. If you can't see who is Favourable Information, it is always clear who is Unfavourable Information. It turned out that the sponsor colluded with the queuing company and came up to sell the company directly, but now it can't be played. It turned out that the pre-IPO raid Dividend, and then came to circle money, but now it can't be played. It turned out that you could not dividend for twenty or thirty years, but now if you do not dividend, then leave. Originally, the repurchase was used for equity incentives, but now it has to be counted, and the repurchase will be cancelled. The original high-frequency quantitative pump and falling will now be screened. It turns out that the pseudo-quantitative real demon stocks are even on the board, and now they can't play anymore. The play people for suckers are Unfavourable Information, and those who pocket are Unfavourable Information, then the Liquidity of the market will be restored. The four words of rest and recuperation are the direct embodiment of the first stage of the nine articles of the country.
If we extrapolate, it's not hard to find. At present, the large votes held by the public sale are actually long-term benefits for the nine articles of the country. And the people just hold the cycle for a relatively long time. If the public sale does not chase rising prices and falls, or passively cannot be sold, it may only take half a year for the current public sale products to turn positive. When the people make money, redemption is no longer a problem, but there may be a net inflow.
Letting the people make money is the first step, the people's willingness to invest money is the second step, and the resonance of residents' savings and industrial development is the third step.
As for the short-term, it is possible that some micro-cap stock products will be cut in size, high-frequency quantitative products will adjust their strategies, and allocation funds will reduce the allocation of stocks below 1000. We only need to pay attention to the inflow and outflow changes of 50, 300, 500, 1000 and 2000 ETFs, and this trend change is still obvious to observe.
From a trading point of view, after the national nine articles came out, they still dumped the market, which can only be vested interests in the previous IPO wealth creation era. If the amount of funds is large, it is best not to net sell in the last few trading days, and everyone who understands it understands.

From the perspective of trading, in addition to the basic configuration, my personal trading framework is PPI+CPI. A-share manufacturing assets are longest, so trading PPI is smooth. I have been mentioning the chemical industry in the midstream for a long time, and the last two weeks are not bad, we have done this in 18 years, brushing the chemical price, and then doing the benchmarking. In fact, Hong Kong stocks have fallen into dividend stocks, and foreign investors look at consumption, first of all, Hong Kong stocks. Therefore, my core in Hong Kong stocks is to trade CPI, buy dividends, and send CPI expectations.
In the direction of the exit, it is still necessary to dismantle the structure. Looking at the data, it seems that there is not much opportunity, but it is necessary to follow the overseas replenishment structure, and the direction of the overseas replenishment structure is good, and the performance and growth rate are actually good.

I'm out on weekends, and I don't long talk about zone things I see less. If the increase or decrease is large, it will be disclosed soon, and it is long to pay attention to the changes in performance and expectations.
It's so long first, and I'll talk about what's new tomorrow morning. Typos don't change.

#你还看好本轮牛市吗？