On the target, I chose E Fund CSI A500 Index (A: 022459c: 022460) $ E Fund CSI A500ETF Connection C(OTCFUND|022460)$, 0.15% management fee and 0.05% custody fee, which is really friendly to investors.If you are an old stockholder, you should know what today's surge means. That is, the annual New Year's Eve market is about to start! !Yesterday, I looked forward to this week's small goal in a small post. The Shanghai Stock Exchange hit 3600 points and stood firm at 3500 points. It seems that I am still conservative.
I believe that bigger and more lasting funds are still on the way.Not to mention too much, the market is not waiting for people, I have to plan the configuration. Finally, I wish the old irons can seize this bull market! !Second, the yield of 10-year treasury bonds is less than 2%, and the 7-day annualized rate of the money fund is around 1.5%. This makes the dividend-paying big blue chips in the stock market more attractive for investment. The recent further decline in long-term interest rates will accelerate the transfer of deposits to the equity market. This will directly open up the upside of A shares.
This counter-cyclical adjustment can also be understood as releasing water, which is more violent than before. Funds have keenly felt this information and entered the market one after another, leading to today's high opening.Third, the technical aspects are already available. After the mad cow started the bull market, it stepped back on 3200 points for the first time and 3300 points for the second time, and the bottom was recognized by the market. This time, the bulls hit 3500 points, which is a matter of pushing the boat.In terms of driving force, there are mainly these factors: