1月10号结束，没有想到那很多投资者来讲就问说上证指数站稳4011后之后能不能往4200点方向走？和 讯投顾黄杰觉得下周来讲有个整固之后再往4200点方向走，资金有一些分化的一个状态。首先我们看到 开年以来港股ETF吸金百亿多只产品呢已经创新高了，也就是说资金他在做一个高低切的动作，往港股 方向再走一走。第二个花旗预测美联储在3月7月9月分别会降三次25个基点，会有降息的一个预期，啊 那么139它会降，还有一个我们可以以看到有个信息我要跟大家汇报一下，昨天晚上深交所发布公告， 对本周的几只个股，像盛通啊像丰隆都进行了重点的监控，重点监控其实是对于我个人觉得是传达了一 种高位的一种信号，像商业航天，像国防军工，如果下周不板了或者不再往上冲新创新高了，大家就可 以做一个适当的阶梯的减仓落袋为安，做一个高低切的一个状态。 ...

Report Industry Investment Ratings - Gold: ★☆★, indicating a short - term multi/empty trend in a relatively balanced state with poor operability on the current market, suggesting a wait - and - see approach [1] - Silver: ★☆★, same as gold [1] - Platinum and Palladium: Not explicitly rated in terms of stars, but considered a good long - allocation variety in the medium - term, with a need to be vigilant about short - term risks [2] Core Viewpoints - The overnight US November CPI and core CPI unexpectedly dropped to 2.7% and 2.6% respectively, with the core CPI at its lowest since March 2021. Fed Chair candidates think there is still room for interest rate cuts. The precious metals maintain a volatile and upward - biased trend. If gold can break through the historical high, the performance of precious metals is expected to strengthen [1] - The continuous rise of platinum and palladium on the Guangzhou Futures Exchange, the shift of funds in the precious metals sector, and the prospects of large - scale hydrogen energy applications during the "14th Five - Year Plan" period give platinum and palladium higher premiums. They are good long - allocation varieties in the medium - term, but short - term risks due to large price increases and possible high - level capital outflows need attention [2] Summary by Related Information US Economic Data and Interest Rate Expectations - US November unadjusted CPI annual rate was 2.7%, lower than the market expectation of 3.1%. The unadjusted core CPI annual rate was 2.6%, the lowest since March 2021. The probability of the Fed cutting interest rates in January next year rose from 26.6% to 28.8% [2] Central Bank Policies - The European Central Bank kept the deposit facility rate at 2%, in line with market expectations, and is likely to have ended the interest rate cut cycle [2] - The Bank of England cut the benchmark interest rate from 4.00% to 3.75%, and the governor said the pace of interest rate cuts would slow [2] - The Bank of Japan raised the policy interest rate by 25 basis points from 0.5% to 0.75%, reaching the highest level in 30 years [2]

Group 1 - The article warns about the potential short-term risks in the gold market, predicting a possible high-level pullback after a recent surge in prices [2][5] - Gold prices reached a peak of $4179 per ounce before dropping to around $4140 per ounce, indicating a potential for further corrections in the coming weeks [2][5] - The article emphasizes that the recent surge in gold prices has led to a significant accumulation of short-term profit-taking, which could pressure prices downward [5][6] Group 2 - The article discusses the recent performance of the A-share market, particularly the technology sector, which has experienced significant declines after a period of rapid growth [3][5] - The semiconductor and chip ETFs saw declines of 5.59% and 5.29% respectively, highlighting the volatility in the tech sector [5] - The article attributes the A-share market's downturn to market pressure shifting from one day to the next, as well as the main funds in the tech sector taking profits [6][8] Group 3 - The article notes that while the tech sector is experiencing declines, other sectors such as banking, brokerage, and liquor are seeing gains, indicating a rotation of institutional funds from high-valuation tech stocks to undervalued sectors [10][12] - The article suggests that the current market environment is characterized by a cautious approach from institutional investors ahead of important meetings and earnings reports, leading to a focus on low-valuation stocks with solid performance [12][13] - It emphasizes the importance of aligning investment strategies with institutional movements to capitalize on market trends [13][14]

Group 1 - The pig farming sector experienced a rise in stock prices, with the breeding ETF (516760) increasing by 1.43% and key stocks such as Muyuan Foods (002714) rising by 4.09% [1] - The National Development and Reform Commission reported that the average pig-to-grain price ratio fell below 6:1, prompting the government to initiate central frozen pork reserves [1] - The China National Storage Network announced a plan to store 10,000 tons of pork on August 25 and an additional 19,000 tons from August 26 to 29, which is expected to boost market sentiment and support rising pork prices [1] Group 2 - The breeding ETF closely tracks the CSI Livestock Breeding Index, which includes companies involved in livestock feed, veterinary drugs, and livestock farming [2] - The latest price-to-earnings ratio (PE-TTM) for the CSI Livestock Breeding Index is 13.71, indicating it is at a historical low, below 84.54% of the time over the past three years [2] - The current valuation of the sector remains low, suggesting a high margin of safety, and it is recommended to actively monitor the breeding ETF (516760.SH) [2]

Group 1 - A-shares continue to perform well despite global market declines, with significant support from large financial stocks [1][4] - The recent drop in global markets, including a 1.46% decline in the Nasdaq, has led to a cautious approach from investors, prompting a sell-off [2][4] - The Jackson Hole meeting is anticipated to be crucial, with investors closely watching for comments from Fed Chair Powell regarding monetary policy adjustments [2] Group 2 - The initial low opening of A-shares provided a buying opportunity for investors, particularly in sectors like semiconductors, automotive, and liquor, indicating a structural bull market [4][6] - Margin trading has seen significant inflows, with net inflows of 39.7 billion and 29.4 billion in the previous two trading days, reminiscent of the 2015 market [4] - Major indices continue to reach new highs, although short-term indicators suggest potential for a structural adjustment in the near future [6]

Group 1 - The China Securities Regulatory Commission (CSRC) has suddenly adjusted the market closure arrangements and emphasized a crackdown on illegal share reductions, with 41 companies announcing share reductions, including 23 proposing reductions and 18 having completed them, indicating a larger scale of proposed reductions compared to completed ones, reflecting a certain level of market recognition of the upward trend [1] - The A-share market experienced a sudden drop, primarily due to a sharp decline in technology stocks after a rapid increase, causing panic across the market, along with selling pressure from the 3500-point threshold [3] - The Hong Kong stock market has underperformed compared to the A-share market, which is a rare occurrence since last September, with the Hong Kong index experiencing six consecutive declines while A-shares reached new highs, attributed to the high position of Hong Kong stocks and the low position of A-shares [4][5] Group 2 - The three major indices showed a common characteristic of long upper shadows in their K-line patterns, suggesting a potential upward movement despite the recent failure to surpass the 3500-point mark, indicating that the market may still be in a range between 3420 and 3500 points [7] - The financial sector, particularly brokerage stocks, showed strength, with banks also experiencing a resurgence, although brokerage stocks initially surged before retreating [3]