A股市场运行周报第18期：继续战术谨慎，做好“出击”准备

Market Overview - The A-share market experienced fluctuations this week, with major indices showing a downward trend, including the ChiNext Index down 3.03% and the CSI 500 down 2.94%[19] - The market sentiment has weakened, with average daily trading volume decreasing to 1.67 trillion CNY from 2.15 trillion CNY last week[28] Sector Performance - Most sectors declined, particularly consumer services and food & beverage, which fell by 6.16% and 4.08% respectively[21] - The non-bank financial sector dropped by 3.58%, while technology sectors like communication, electronics, and computing also saw declines exceeding 3%[21] Market Dynamics - The current market adjustment has lasted for 11 trading days, suggesting it may conclude in early December, with the 60-day moving average potentially providing support[5] - The recent downtrend is viewed as a correction following a rebound from October 18 to November 8, which lasted 16 trading days[72] Investment Strategy - Investors are advised to reassess their holdings, particularly those that have seen significant gains since mid-October, and consider taking profits or adjusting their portfolios[5] - For stocks that have lagged behind, especially those not surpassing the October 8 high, there is no need for excessive panic[5] Risk Factors - Economic recovery in China may not meet expectations, and global geopolitical uncertainties persist, posing risks to market stability[75]