The Shock Of Stock Capital Game Is Hard To Shake.

Eleven the last trading week before the long holiday, it is difficult to shake up the shock market of stock capital.

This week, the Shanghai stock index fell to the 3000 point integer pass, and the stock index fell sharply after many years of resistance. The gap continued. The half line was struggling to support. The current average line system was concentrated near the 3000 point, waiting for the direction of the market.

Earth volume,

Obviously, it has also entered the holiday mode. Under the pattern of weak shocks, investors are used to holding money festivals to prevent the risk of uncertainty in the external market or policy during holidays.

Pressure reduction, October rebound window can be expected

Optimistic about October.

The logic is mainly based on the following points: first, the current external risks are mainly concentrated on the difficulties faced by Deutsche Bank, the great probability of raising interest rates by the Federal Reserve in December, the general election in November and the referendum of the constitution of Italy in December 4th. These risk points have been plaguing the market before, especially in the case of the United States of America. In September, the interest rate problem has been repeatedly tossed about, and the market expectations have been made clear after the interest conference. Now these potential risk points are concentrated in the second half of the four quarter. After the National Day holiday to the end of November, the potential risk appetite is expected to improve.

Second, the macroeconomic data to be released in October and the three quarterly report of listed companies are expected to be better than expected.

Since the three quarter, macroeconomic data have rebounded strongly. Data in 7 and August showed significant growth in both import and export volume, electricity generation and electricity consumption and profits of Industrial Enterprises above designated size. The economic data released in early October are expected to be better than expected.

The three quarter report of listed companies is also expected to reverse the trend of declining performance. In the case of relatively reasonable valuation, the improvement of corporate earnings is the basis for market rebound.

Third, liquidity is expected to improve in October, and market funds are tight in September. The market interest rates will rise sharply after the holiday season because of the overlapping of the long term factors and the market interest rates will naturally ease.

In addition, in October, it was the smallest month of lifting the ban in recent months, which provided some room for the October market interpretation.

In October 1st, the RMB will officially enter the basket SDR, which has an important milestone in the RMB exchange rate and even China's economy.

On the one hand, with the RMB's accession to the SDR, foreign central bank institutions will increase investment in China's bond market because of the demand for currency reserves.

According to statistics, as the RMB's weight in the new basket is 10.92%, in the long run, about 10% of the international reserves will be invested in the RMB bond market. Compared with the data on the debt market in the end of 8, the scale of foreign domestic investors' domestic bonds is 675 billion 699 million yuan, which accounts for only 1.63% of the total bond market in China. In the long run, more long-term capital inflows will improve the current state of unilateral imbalance of RMB outflow, and the two-way flow of capital will help to maintain the stability of the RMB exchange rate.

On the other hand, RMB's accession to the SDR basket of currencies is in line with the strategic layout of the "one belt and one way" strategy. The demand for overseas RMB settlement and other services will increase. Along with China's "going out", the infrastructure needs of all the countries along the route can be met. China is also exporting output capacity and technology to the outside world. The core is actually the RMB going to the international stage. With the help of the infiltration of the whole area, the internationalization of RMB will accelerate the internationalization process. It will surely boost China's international status and enterprise confidence, and confidence is an important support for China's economic development, and is also an important support for the long-term development of A shares.

Nuggets three quarterly Quotes

For the fourth quarter of the new stock market, apart from the high delivery and performance expectations of the two angle layout, the first new bull stock is also one of the reasonable options.

Since the end of the season, the agency has strong demand for warehousing. In the case of low market sentiment and underdevelopment, there is no need to fear too much retreat. It is a cushion for the four quarter rebound.

In this context, we can also arrange high flexibility new shares with relatively popular popularity.

Focusing on the present, the three quarterly report is about to be announced. I believe that the value growth stocks have both growth certainty and valuation rationality, which can be arranged ahead of schedule.

Although the A share market continues to slump, I believe that the current market is at a stage of concussion. In October, it will be a rare time window for A shares to rebound. In October, the three quarterly report will be disclosed.

In general, although some industry revenue recognition is concentrated at the end of the year, the annual performance of the three quarterly reports is already high accuracy, which is also the best time to ambush the related companies' annual reports.

Before that, we can still predict the industry from the perspective of industry prosperity.

The annual report of the new shares is recommended to pay attention to the varieties listed in 2014. The batch of new shares will face the lifting of the ban next year.

For controlling shareholders, the power to choose to release results in this annual report is greater.