收评：沪指冲高回落跌0.46%，资源股集体下挫，保险板块逆市拉升

Market Performance - The three major stock indices experienced fluctuations, with the Shanghai Composite Index breaking through 3700 points before turning negative, while the Shenzhen Component and ChiNext indices fell approximately 1% [1] - As of the market close, the Shanghai Composite Index decreased by 0.46%, the Shenzhen Component dropped by 0.87% to 11451.43 points, and the ChiNext Index fell by 1.08% to 2469.66 points, while the Sci-Tech 50 Index rose by 0.75% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 230.66 billion yuan [1] Sector Performance - Sectors such as steel, automotive, chemicals, coal, oil, non-ferrous metals, and semiconductors saw declines, while the insurance sector rose against the trend [1] - Brokerage and banking sectors remained relatively stable, and sectors related to digital currency and brain engineering were active [1] Market Sentiment and Outlook - Huashan Securities noted that the increasing profitability in A-shares has led to a virtuous cycle of micro liquidity inflow, supporting the ongoing bull market [1] - A key factor for this positive cycle is the widespread consensus and unified expectations among market participants regarding the current bull market, indicating strong confidence [1] - In terms of investment strategy, the focus in a bull market atmosphere is on sectors with high growth elasticity, which can be stimulated by three scenarios: naturally high elasticity in growth technology sectors, sectors with supported performance that attract consensus, and sectors with emerging catalysts [1]