与之形成鲜明对比的是，那些坚守优质蓝筹股、安心持股的投资者，在市场短期波动中能坚持持股不 动。只要优质公司的投资价值没有发生根本性变化，即企业的核心竞争力、盈利能力、行业地位等关键 因素依然保持稳定，那么短期的下跌就是正常的回调。调整过后，上市公司的股价一般都会跟随合理价 值重新回归。 需要注意的是，安心持股并非盲目地持有不动，而是建立在对上市公司深入研究和充分了解的基础之 上。投资者需要在投资前对上市公司的基本面进行全面分析，评估其长期价值和发展潜力。在持有过程 中，持续关注上市公司的经营状况和行业动态，确保持股的投资价值始终符合自己的预期。只有这样， 才能在面对市场的短期波动时，有足够的信心和底气坚持持股。 市场的短期波动是投资过程中不可避免的现象，频繁换股只会让投资者陷入被动和困境。面对市场的短 期调整，投资者应保持定力，坚守价值投资的理念。只要上市公司的价值没有改变，安心持股就是最佳 策略。 当然，如果自己的持股基本面发生了重大变化，投资者也应该对持股进行动态调整，永远持有内在价值 高于股价的上市公司，才是价值投资的真谛。不要频繁换股，指的是不要因为市场的短期波动而换股， 正常的投资组合调整还是很有必 ...

Group 1: Oil Market Analysis - Oil prices have declined for three consecutive days, with WTI crude closing at $62.68 per barrel, influenced by reduced concerns over "secondary tariffs" and contract rollovers [3][5] - The market's initial fear of tariff increases affecting oil demand has eased, leading to a decrease in upward pressure on oil prices [3] - The short-term fluctuations in oil prices are attributed to trading activities rather than a change in long-term trends [5] Group 2: Gold Market Insights - Gold prices have increased by 1.06%, closing at $3682.84 per ounce, following the Federal Reserve's announcement of a 25 basis point rate cut [3][5] - Despite a temporary drop after the Fed's announcement, the market is stabilizing and seeking a new support level, with expectations of further rate cuts this year [3] - The long-term support for gold prices is driven by monetary policy easing, which has contributed to a 39% increase in gold prices this year [5] Group 3: Copper Market Outlook - Copper prices have risen by 0.49%, nearing $10,000 per ton, with expectations of a supply shortage and recovery in global manufacturing next year [4] - Citigroup's report indicates that while demand may face pressure in the coming months, copper prices are expected to reach $12,000 per ton next year [4] - The anticipated average copper price for the fourth quarter is projected to be around $10,000 per ton, reflecting a stable market response to future supply-demand dynamics [4]

Core Viewpoint - The market shows a clear divergence between technology stocks leading the gains and cyclical stocks undergoing adjustments, indicating a structural market trend with potential for increased short-term volatility [4][5][7]. Market Performance - The two markets recorded a trading volume of 1.38 trillion yuan, an increase of 1.15% from the previous day, reflecting strong market liquidity and active capital flow [5]. - A total of 2,504 stocks rose, with a notable ratio of 30 stocks hitting the daily limit up, highlighting a positive market sentiment [4]. Sector Analysis - Technology sectors such as photolithography machines, diversified finance, wind power equipment, consumer electronics, and humanoid robots saw significant gains, while sectors like precious metals, tourism, pork, and prepared dishes experienced declines [4]. - Institutional investors are shifting strategies, moving away from defensive sectors like non-ferrous metals and coal towards technology stocks, indicating a clear "abandoning cyclical, attacking technology" trend [7]. Investor Sentiment - Retail investors are increasingly using leverage to participate in the market, with a notable rise in trading activity in small and mid-cap technology stocks, reflecting a strong enthusiasm for policy-driven themes [7]. - The sentiment among retail investors is high, with 75.85% indicating a bullish outlook [8]. Positioning - As of September 17, 34.27% of investors increased their positions, while 17.18% reduced their holdings, with 48.55% remaining neutral [12].

美联储古尔斯比：鉴于短期波动剧烈，无法对长期趋势做出结论。 ...