Group 1: Market Overview - The market is experiencing short-term fluctuations, with high-performing stocks expected to become the main focus [5] - The overall market performance is weak, with a notable decline in speculative stocks, despite some strength in cyclical stocks [5][7] - The A-share market is entering a reporting season, which may exert pressure on certain thematic stocks, necessitating caution against pure speculation [6][7] Group 2: Sector Performance - Gold and silver stocks have surged due to rising gold prices, driven by expectations of interest rate cuts by the Federal Reserve and increased geopolitical tensions [6][7] - The electricity sector is performing well, supported by government initiatives to promote wind power projects in rural areas [6][7] - Other sectors such as engineering consulting, electronic chemicals, and consumer electronics have seen declines, indicating a mixed performance across industries [6] Group 3: Investment Strategy - There are structural opportunities in April, particularly in sectors with strong earnings and high return on equity (ROE) [7] - Focusing on high-quality stocks with sustainable performance and cash flow is recommended as a strategy during this period [7][8] - The report emphasizes the importance of selecting stocks with high earnings visibility and consistent outperformance in specific sub-sectors [7]

| --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------| | | | | 策对全球资本流动的影响还是会引发市场的担忧。 | | | 周二沪深三大指数震荡调整，北向资金净卖出 70 | 亿元。春节以来指数持续的上 | | 行后，板块的持续性在衰减，近期轮动明显加快。大盘在这个位置，市场有分歧，总体 | | | 看，我们认为多方积极因素提振下，行情并没结束，短期或有震荡，不影响中期回升的 趋势。 | | | 操作上，虽然难度加大，但机会仍然很多。不追涨杀跌，逢低配置低估值红利股 | | | 和绩优科技成长股。另外，新能源赛道股及医药等消费类白马股也可择机低吸。战略投 资者仍可持仓观望，短线博弈者，踏准轮动节奏，高抛低吸。 【晨早参 ...

研究员：惠祥凤 执业证书号：S0990513100001 联系电话：0755-83007028 Email：huixf@ydzq.sgcc.com.cn 第 1 页 金点策略晨报—每周报告 2024 年 3 月 4 日 星期一 | --- | --- | |---------------------------------------------------------------------------------|--------------------------------------------------------------------------| | 【A股大势研判】 | | | 3000 点后市场仍有望震荡上行，逢低配置红利股及绩优科技股 | | | 一、上周五市场回顾 | | | 周五晨早短信提醒， 2 | 月收官，沪深三大指数月线均收涨。目前市场仍处于操作 | | 周期，仍然是结构性、阶段性机会占优。操作上，不追涨杀跌，逢低配置低估值红利股 | | | （银行、石油石化、港口营运、煤炭、电力、水务、燃气、公路等领域）和绩优科技成 | | | 长股（ AI | 产业链、数字经济产业链、 ...

1 2 季度 CPI 均值大概率高于 1 季度，2024 年 PPI 大幅上行概率 较低 ——1 月通胀数据解读 | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...