A股“躺”与“卷”的节前大决战

Group 1 - The article discusses the dilemma faced by investors as the National Day holiday approaches, weighing the options of holding stocks for potential gains or holding cash for safety [5] - Historical trends indicate that pre-holiday market activity tends to be cautious, but post-holiday often brings surprises if no major negative events occur [5] - The market logic is shifting from "valuation recovery" driven by policy support and liquidity to "earnings verification," emphasizing the importance of companies delivering on performance [5] Group 2 - Investors are encouraged to adopt a "barbell strategy," balancing low-valuation, high-dividend assets with small positions in high-growth sectors like AI, chips, and advanced manufacturing [5] - Recent interest rate cuts by the Federal Reserve and signs of stabilization in the Chinese economy suggest a positive outlook for global liquidity and the A-share market [5] - The focus for investors should be on constructing a portfolio that can withstand market cycles rather than merely predicting short-term price movements [5]