量化观市：上周微盘股的回调该用哪个指标监测？

• The report discusses the performance of major market indices, including the SSE 50, CSI 300, CSI 500, and CSI 1000, which all saw increases over the past week with respective gains of 1.63%, 2.71%, 3.24%, and 1.03%[2][11] - The report highlights the construction and monitoring of micro-cap stock timing and rotation indicators, noting that no closing signals have been issued by the models, indicating no significant systemic risk accumulation in the mid-term, although hourly-level warning signals were triggered in the past week[2][16][18] - The macro timing strategy constructed by the analysts recommends a 50% equity allocation for August, with a signal strength of 100% for economic growth and 0% for monetary liquidity, yielding a return of 1.34% from the beginning of 2025 to the present, compared to a 1.04% return for the Wind All A Index over the same period[4][40][41] - Eight major stock selection factors are tracked across different stock pools, with growth and quality factors performing well in large and mid-cap stocks, while value factors faced pressure in most stock pools. The report suggests maintaining high-weight allocations to growth and consensus expectation factors for the upcoming week[4][46][47] - The report also includes quantitative bond selection factors for convertible bonds, with positive long-short returns achieved by factors such as consensus expectations, growth, financial quality, and value[4][53][54]