Welcome to pay attention to the "master vote"! This is the investment category that was jointly created by Hexun Finance client and News Investment Gu Zhi. On each trading day, we will invite an investment expert to do investment analysis and reference for the stock market. I hope to help the stockholders to capture the bull stocks and harvest the daily limit.

From the past few days, the capital game of the concept of Xiong'an New District is still the mainstream hotspot of the market. The stocks in the sector also occupy the daily capital inflow and outflow list. The capital game is quite fierce, and some new ones such as network security, OLED, etc. The hotspots have not yet formed a sustained strong hot spot. Although the stocks in Guangdong, Hong Kong and Macao are far-fetched, the main funds are still hesitant. In the shock stage after the follow-up index rebounds, it is necessary to pay close attention to whether there will be new strong hot spots.

In May and June, the market is still in the process of sustained risk release, requiring time and space for sorting and digestion. However, from the perspective of asset allocation, the index is worth 3,000 points in the middle and long term. In May, there is little room for the market to continue to decline. Investors can find structural opportunities at this stage and explore leading companies that are expected to gain higher market share and surpass the average profitability of the industry. There is a certain bottleneck in the short-term A-share market. This is mainly due to the volume of transactions. The volume of the Shanghai stock market is almost impossible to break through 200 billion yuan in the near future, indicating that the market is still a game of stock funds. In this context, it is difficult to see an upward breakthrough energy. . And some white horse stocks showed signs of reduction of major shareholders or executives, which is not conducive to the trend of A shares. Therefore, the pressure on short-term A-shares has increased.

However, the space for A shares to fall again is relatively limited. In the operation, it is not appropriate to consider the operation of the index too much, but to consider the stimulus of the subject matter and the growth trend of the performance. The focus should be on consumption, as the new round of economic growth will gradually shift from investment-driven to consumption-driven. Branded consumer goods companies that have been competitive in many rounds of the market have begun to rise, such as white wine, home appliances, automobiles, medicines and health products, and food, which have recently been transferred to new industrial consumer goods, such as electric vehicles and wireless charging. The service industry will also gradually follow, with financial insurance as the focus. As the economic recovery process continues to strengthen, it will slowly be transmitted to the investment demand category. Therefore, the current focus is on large consumer goods.

At present, the valuation of A-shares has fluctuated and the valuation of a large number of stocks is significantly lower than the historical median level, which is expected to provide certain support for market sentiment. With the gradual release of market risks, step-by-step opening of positions or mid- and long-term investors are worth considering. After adjusting for the past two months, A-shares are all cost-effective investment models from the perspective of valuation and volatility. With the advancement of production capacity and the transformation of economic structure in recent years, the production capacity of some industries has become clearer. The central bank's monetary policy report showed that the loan interest rate increased in an all-round way. In the first quarter of this year, the lending rate of financial institutions increased by 26 BP compared with the fourth quarter of last year, and the general lending rate rose by 19 BP.

In addition, the central bank explained that the 2,3 month contraction was due to seasonal fluctuations and did not mean tightening monetary policy. The first quarter monetary policy report stated that the next phase of the central bank's focus is on grasping the de-leverage and maintaining a stable balance of liquidity. We believe that from the wording of the monetary policy report in the first quarter, the main tone of the central bank's policy-based policy has not changed. In the near term, the liquidity supply of the central bank has increased, and the overall financial fabrics in the short term are innocent. However, the annual tax payment and mid-year assessment, the Fed’s interest rate increase will bring greater uncertainty to liquidity, and financial deleveraging will continue. The situation of increased capital fluctuations is expected to be difficult to avoid, in order to maintain liquidity. The pressure on the central bank's liquidity is also increasing. However, in view of the fact that investors have not yet formed positive positive expectations, and before the market to make money, the probability of a large number of incremental funds entering the market is low. It is expected that the short-term market will maintain a volatile rebound pattern.

5.8 Straight APP video live room prompt 000558 Rhine Sports 000558, stocks that stocks on the day limit of the daily limit!

000558 time-sharing chart and K-line chart

5.8 APP video live room prompt 600071 Phoenix Optics The stock closed at the daily limit!

600071 time-sharing chart and K-line chart

5.9 VIP video live room prompt 300481 Fuyang Huicheng 300481, shares the stock on the day limit of the daily limit!

300481 time-sharing chart and K-line chart

5.9 VIP Live Room Tip 002865 The shares of the company reached the daily limit of the day!

002865 time-sharing chart and K-line chart for 2 consecutive daily limit plates! ! !

5.10 VIP live room prompt 603323 Wujiang Bank's stock price limit on the day closing!

603323 time-sharing chart and K-line chart

5.10 APP Live Room Tips 300539 Yokogawa Abrasives will close the daily limit of the stock!

300539 time-sharing chart and K-line chart

5.11 APP video live room prompt 603663 Sanxiang new material The stock closed at the daily limit!

603663 time-sharing chart and K-line chart

5.11 VIP live room prompt 603603 Botian Environment The stock closed at the daily limit!

603603 time-sharing chart and K-line chart for 2 consecutive daily limit plates! ! !

5.12 APP video live room prompt 002806 Huafeng shares the stock's daily limit on the day closing!

002806 time-sharing chart and K-line chart

5.12 VIP live room prompts 300546 Xiongdi Technology The stock's daily limit is closed!

300546 time-sharing chart and K-line chart

5.15 APP video live room prompts 300386 Feitian integrity 300386, shares the stock on the day limit of the daily limit!

300386 time-sharing chart and K-line chart

5.15 VIP live room prompts 000158 Changshan shares 000158, shares the stock on the day limit of the daily limit!

000158 time-sharing chart and K-line chart

5.16 APP video live room prompt 603659 Long-term logistics of the stock on the day limit of the daily limit!

603659 time-sharing chart and K-line chart

5.16 VIP live room prompt 000605 Bohai shares 000605, stocks that stocks on the day limit of the daily limit!

000605 time-sharing chart and K-line chart

5.17 APP video live room prompt 600209 Luo Dun development 600209, stocks that stocks on the day limit of the daily limit!

600209 time-sharing chart and K-line chart

5.17 VIP live room prompt 002813 Lu Chang Technology The stock closed at the daily limit!

002813 time-sharing chart and K-line chart

5.17 VIP live room prompt 002730 electro-optical technology 002730, shares the stock on the day limit of the daily limit!

002730 time-sharing chart and K-line chart

5.18 APP video live room prompt 603667 Wuzhou Spring The stock closed at the daily limit!

603667 time-sharing chart and K-line chart

5.18 VIP live room prompts 300344 Space board The stock closed at the daily limit!

300344 time-sharing chart and K-line chart

5.18 VIP live room prompt 000677 Hengtian Hailong The stock closed at the daily limit!

000677 time-sharing chart and K-line chart

5.19 APP video live room prompt 300084 Haimo Technology 300084, shares the stock on the day limit of the daily limit!

300084 time-sharing chart and K-line chart

5.19 APP live room prompt 600871 petrochemical oil service 600871, stocks that stocks on the day limit of the daily limit!

600871 time-sharing chart and K-line chart

Star stock 600209 600249 002300 002246 300402 002388 002346 002552 002451 002839 600802 603838 300222 600242 600008 300419 603603

Private view:

1, 603928 Xingye shares, 2,300,448 Haoyun Technology 300448, stocks. This private opinion only prompts attention, and it is not recommended to pursue high involvement. May 19

(Editor: 冉one HN058)