Broader differences this week, significantly increased, some brokers optimistic about the rebound in cyclical stocks, while some brokerages think growth stocks will be even better yesterday, the GEM plummeted 2.25% today continued to test.
Gluttony Pig Financial believes that pessimism is expected to repair, cyclical stocks and then rebound opportunity, and then recommended the release of performance matching the valuation of steel, cement, paper, electrolytic aluminum.
Needs to remain resilient, economic data released next week in September, probably a good rate. First, the PMI hit a 12-year high; Second, in September power generation coal consumption increased by 24.33%, the second highest today; Third, the production side, the average daily crude steel output remained at 2.3 million tons, the late growth rate Also rebounded to 5.5%.
Limited supply of environmental protection firm, most of the local documents details than expected. This week is particularly noteworthy is that the notice issued by Tangshan will limit the time limit from November 15, 2017 advance to 0:00 on October 12, 2017; the same time, Shandong Binzhou also introduced documents part of the industry limited time ahead of schedule to October 1 day.
Cycle price rebounded, pessimistic expectations are gradually restored. In the past month, the cyclical stocks appeared similar to April's pessimistic expectations under the influence of sluggish economic data and falling futures in August.
With the recent rebound in spot prices of steel, cement, paper and aluminum, the previous pessimistic expectations of transition started to gradually be repaired, and in turn recommended the release of steel, cement, papermaking and electrolytic aluminum that match the valuation.
In addition, greedy pigs financial tips, continue to be optimistic about the trend of environmental protection industry, the case, be alert to the possibility of becoming Q4 reversal industry.
In our opinion, the growth style continues to dominate. An important change in the recent market characteristics is the passivation reflected in the stock price in the period of price hikes.