Core Insights - The market's performance after the National Day holiday is crucial for the sentiment in the fourth quarter, with a focus on trading volume and sector movements [1] Market Performance - Pre-holiday trading was cautious, with transaction volume dropping to 2.1 trillion, which may indicate that most funds have exited, leaving behind committed investors [3] - The key indicator for today is whether trading volume can exceed 2.3 trillion; a significant increase would suggest a return of funds into the market [3] Sector Focus - Three main sectors to watch: - Technology growth, particularly semiconductors and humanoid robots, which have seen institutional buying [3] - New energy, with strong performance in batteries and energy storage, supported by favorable overseas policy news [3] - Large financial institutions, especially brokerages, which may lead the market if trading volume increases [3] Trading Strategy - Caution is advised on the first trading day post-holiday due to potential volatility; it is recommended to wait for market stabilization before making moves [3] - Position management is emphasized, suggesting a holding level of 50-60% initially, with a gradual increase to 70% if the index stabilizes above 3830 points [3] Investment Rhythm - The importance of finding the right investment rhythm is highlighted, with a focus on where funds are flowing—whether into technology or undervalued sectors [4]

Group 1 - The market showed significant momentum weakness today, with all indices closing lower, indicating a phase of correction that may benefit a long-term slow bull market [1] - Investors are advised to view the correction rationally and adjust their strategies accordingly while focusing on holiday arrangements [1] Group 2 - With the National Day holiday approaching, there are discussions on how to position portfolios before and after the holiday, with some market participants believing the medium-term upward trend remains intact and the post-holiday market is promising [4] - Investors are encouraged to utilize the pre-holiday volatility for portfolio adjustments and to share their views on the Q4 market outlook in the comments [4]