Retail position data released this weekOddsofstraightflushThe position increased by 5%.Oddsofstraightflush.12%, reaching 81.56%, a record high. The rise in the position indicates that the short-term market tends to be volatile. The attitude towards northward capital has changed dramatically, with a net inflow of 22.4 billion last week, an all-time high. After the introduction of relevant policies last year, the "fake foreign capital" was cleared up, and the capital going northward has a higher gold content. Since the Spring Festival, the total net inflow of northbound funds has been a net outflow of funds for half a year.
This shows that the attitude towards capital going northward has changed, and the view of global capital rotation has been verified. Historical data show that the market tends to peak and fall after a net inflow of more than 20 billion of capital going northward. The current valuation level is low, the inventory cycle is about to improve, and fundamentals are expected to improve, so we need to maintain a rational attitude towards the short-term net inflow of northward capital. In addition, some companies reported first-quarter results. Maotai (600519), Wuliangye (000858) are in line with expectations, the slowdown in growth is the norm, the key depends on valuation and dividend yield.
Wen's shares and Mu Yuan have suffered large losses, but the share prices have already reflected expectations. Yunnan Baiyao (000538) achieved good results in the first quarter, and the reversal of the predicament of returning to the main business performance is worthy of attention. The net profit of Yangjie Technology (300373) fell slightly, but it is expected to improve gradually. The semiconductor industry as a whole is in a state of recovery, and the direction of storage, power and closed testing is expected to improve. On-site chip direction of the ETF is also an investment choice.
Stock name Yangjie Science and Technology, Yunnan Baiyao, Guizhou Moutai (600519), Wuliangye, Wen's share plate name Pork concept, Pharmaceutical Business, Semiconductor concept keywords northward Capital, Global Capital rotation, Valuation repair bullish bearish (bullish) the historical data of the net inflow of capital going northward shows that the market may fluctuate, adjust and reverse greatly ~ Hexun's risk hint: the above is only the views of the author or guest. It does not represent any position of Hexun and does not constitute any investment advice related to Hexun. Before making any investment decision, investors should consider the risk factors related to investment products according to their own circumstances and consult professional investment advisers if necessary. Hexun tries its best but cannot confirm the authenticity, accuracy and originality of the above content, and Hexun does not make any guarantee or commitment.