Only by breaking through can one ride triumphantly through the mortal world. -3.12 Review

Under the influence of weak external markets and the fact that today is the day before the conference, the market was clearly under pressure. The three major indices all closed lower, but the overall market performance was not too weak. For example, the Shanghai Composite still closed down but recovered most of its losses, only slightly down. The index was not significantly harmed today, but the overall market was relatively weak, with nearly 3,900 stocks declining and the number of limit-down stocks increasing. The situation is expected to worsen tomorrow, as institutional investors will no longer be restricted from selling starting tomorrow; they can sell freely. Tomorrow will also be outside the conference period, and the mysterious funds maintaining stability will loosen significantly, so the market pressure will be quite high tomorrow. [Taoguba]

Crude oil futures both domestically and internationally surged again, with Brent crude futures briefly surpassing $100. There’s no doubt about the bullish outlook for oil futures markets; continue to be optimistic about the dominance of oil. However, for the A-share oil and gas sector, it’s quite frustrating. Previously, a big gap-up was said to be too high and needed to be smashed, and today’s small gap-up was said to be below expectations and also needed to be smashed. These people flip-flop as they please, which is really speechless. Honestly, oil and gas stocks have indeed been weakened by those black-hat hype. Currently, in the oil and gas sector, when the index rises, oil and gas stocks fall; when the index falls, oil and gas stocks only slightly rise; when crude oil futures surge, oil and gas stocks rise slightly; when crude oil futures fall, oil and gas stocks fall together. Investors holding oil and gas stocks are completely at their wit’s end. To break out of the current predicament and no longer be influenced by the black-hat hype, oil and gas stocks can only wait until they successfully break through previous highs to ride the wave.

$1
Market situation today:
The three major indices oscillated downward in the morning and rebounded in a V-shape in the afternoon. The Shanghai Composite fell 0.10% to 4,129.10, Shenzhen Component dropped 0.63% to 14,374.87 points, and the ChiNext Index declined 0.96% to 3,317.52 points. The total trading volume was 2,460.6 billion yuan, shrinking by 67.7 billion compared to the previous trading day. Sector-wise, the more active ones today included chemicals, electricity, and energy storage.

1. Actual limit-up stocks: 64; actual limit-down stocks: 7; limit-up rate: 73%.
2. Number of advancing stocks: 1,494; declining stocks: 3,893.

Market summary: The entire market saw widespread declines, with a clear loss-making effect. Today, my gains were decent—futures markets gave me back the bulls, allowing me to gain more in the tug-of-war between bulls and bears. I continue to aggressively trade in futures; in fact, my main battlefield has long shifted from stocks to futures. Currently, futures funds are the normal funds, and only futures funds recognize the big trend of sudden market movements. I’ve also followed the flow of funds and shifted my battlefield accordingly. However, I still keep my stock positions and haven’t withdrawn. So, my short-term account remains fully invested in oil stocks. Initially, oil and gas sector stocks only showed a small gain during the day, but by the close, it seemed they were taken away again, even losing one. These oil and gas stocks are really hard to complain about. I’m also very frustrated with them, but I have no choice. I’ve made up my mind to keep fighting to the end, wasting my time doesn’t matter as long as the futures market keeps thriving.

My plan and ideas will be posted in the comments tomorrow morning.

$1
High-emotion zone (3):

Zhongnan Culture – planning to acquire Sulong Thermal Power, 4 consecutive gains,

Green Power – considering electricity synergy, 3 consecutive gains,

Huadian Energy – electricity, 3 consecutive gains,

$1
Second-tier upgrade zone (5):
(1) China Energy Construction – electricity, 2 consecutive gains,
(2) Green Power – electricity, 2 consecutive gains,
(3) Chint Power – energy storage, 2 consecutive gains,
(4) Energy-saving Wind Power – energy storage, 2 consecutive gains,
(5) Jinniu Chemical – methanol, 2 consecutive gains,

$1
Thanks to @LixiangShenme @BaiHuaShuZhi @ChongxieChunQiu @Jiaoye @NuliHuiBen888 @Gz894 brothers for the support and tips.
Thanks to all the friends for liking and commenting, supporting all along.
$1
Disclaimer: The opinions expressed are solely personal thoughts and records, not investment advice. Keep a good mindset, and may the stock market have a long rainbow.