宝城期货股指期货早报（2026年2月13日）-20260213

Group 1: Report Industry Investment Rating - No relevant content Group 2: Core Viewpoints of the Report - The short - term view of IH2603 is oscillatory, the medium - term view is oscillatory, and the intraday view is bullish, with an overall view of oscillatory consolidation due to a cautiously optimistic risk preference in the stock market before the holiday [1]. - The intraday view of IF, IH, IC, and IM is bullish, the medium - term view is oscillatory, and the reference view is oscillatory consolidation. Yesterday, the stock index trends were divergent, with IC and IM rising slightly and IH and IF oscillating within a narrow range. The turnover of the Shanghai, Shenzhen, and Beijing stock markets was 2160.8 billion yuan, an increase of 159.7 billion yuan from the previous day. Industry sectors related to AI infrastructure construction led the gains. Before the holiday, investors' willingness to participate in the stock market was relatively weak. In the long - term, the positive policy expectations and the continuous net inflow of incremental funds into the stock market remain unchanged, and the core logic for the long - term upward movement of the stock index is solid. Overall, the stock market risk preference before the holiday is cautiously optimistic, and the stock index mainly oscillates within a range [5]. Group 3: Summary by Relevant Catalogs Catalog 1: Variety Viewpoint Reference - Financial Futures Stock Index Sector - For IH2603, the short - term is oscillatory, the medium - term is oscillatory, the intraday is bullish, and the view is oscillatory consolidation. The core logic is the cautiously optimistic risk preference in the stock market before the holiday [1]. Catalog 2: Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - The varieties include IF, IH, IC, and IM. The intraday view is bullish, the medium - term view is oscillatory, and the reference view is oscillatory consolidation. The core logic is the divergent trends of stock indexes yesterday, the increase in trading volume, the leading gains of AI - related industry sectors, the weak willingness of investors to participate before the holiday, and the long - term positive factors for the stock index [5].