0309 Bald Head Online Recap Post

First, like and then view, enjoy earning millions. Keep it up with tips and rewards, good luck always! [Taogu Ba]

First, an overview of the market:
Today, the major indices opened lower and then rose, closing with a volume-spike false positive. This indicates some funds are fleeing, while others are absorbing. The combined trading volume of the two markets was 26.7 trillion yuan, up 4.4 trillion yuan from last Friday’s 21.19 trillion yuan. There were 1,423 stocks advancing, and 3,964 stocks waiting to rise.
Among them, 45 stocks hit the daily limit-up. The number of limit-ups shrank significantly from 73 last Friday. On Friday, 11 stocks advanced to the limit, with a 15% upgrade rate. There were 3 new limit-down stocks, compared to none last Friday.

In terms of news, early in the session, international crude oil futures surged to a two-year high. Gold and silver rebounded sharply. U.S. tech stocks plummeted, especially hardware sectors. Conversely, Chinese concept stocks, particularly AI application companies, saw attractive gains, with several stocks rising over 6%. See the attached chart for details.

Early market news reflected in A-shares: oil and gas stocks opened sharply higher but traded higher throughout the day, then declined. Notably, core oil and gas companies like Source Petroleum, Potential Hengxin, Intercontinental Oil & Gas, Petrochemical Oil Services, and Zhun Oil saw their chips at high levels being cashed out.
On the domestic policy front, the energy-electrical synergy continued to be strongly promoted today. However, the previously mentioned Hanlan, which was approaching a historic high of 14.29, fell back after touching that peak. So, everyone should pay attention. I have previously discussed the game around historical highs; you can look up the posts. Today, Shun Na also hit a new high, so be cautious. Several power grid equipment stocks have already reached new highs, starting with Hang Electric, then Hanlan and Shun Na. As long as Western Electric hasn’t finished its move, a new leading stock will emerge. On Friday, I mentioned that Shun Na would open with a one-word gap for retail investors to enter, as the main force was taking profits at high levels. Conversely, as Hang Electric’s chips are mostly out, it will soon be Hanlan’s turn.
Last Friday, 15 chemical stocks hit the limit-up, but today only one advanced to the limit, which is far below expectations. This is normal; chemicals are by-products of petrochemicals and energy, and oil and gas declined all day, dragging the sector down. However, due to the cyclical nature of chemicals, when oil prices fall, raw material costs decrease, so this sector will likely rebound repeatedly in the future.
Most of the early session gains were in power sector stocks, with multiple limit-ups at midday as computing power flowed back. The energy-electrical synergy was vividly demonstrated.

Total number of continuous limit-ups: 11
Four consecutive limit-ups:
Shun Na Co.: This stock opened at the bid price and immediately surpassed its historical high. I was planning to go, but since it was a new high and not a double, I decided to pass. Back in January, Lio Co. opened at the bid price and broke its historical high, but the next day it collapsed and hit the limit-down. The risk-reward ratio was too low.
Wangli Security: A “third brother” stock, no comment.

Three consecutive limit-ups: Meiliyun, data center computing power. Although it didn’t quickly hit the board in the morning due to a large left-side shadow and aggressive power grid stocks, it later rallied in the afternoon, boosting cloud computing and AI application sectors.

Two consecutive limit-ups:
Power 2.0, dominating with four stocks,

Samsung Medical, data centers, smart grids, swap stations, instruments and meters
Jinkai New Energy, data centers, computing power leasing, power
He Shao Energy, power, riding on Jinkai New Energy
GCL New Energy, Emma, a strange second-tier Xin, your integrated leader hasn’t advanced, aren’t you embarrassed?
Ningbo Construction, computing cloud, promoting Meiliyun
Tuowei Information, computing cloud, promoting Meiliyun
Chitianhua, fertilizer, coal chemical industry, chemical sector, watch if tomorrow can drive chemical stocks back up
Wanze Co.: Not sure what they’re trading.

First board: 34 stocks, mostly in electricity or computing. Check for yourself. Basically, the back row stocks. Although many are old leaders, they mainly push Meiliyun and Shun Na.
Massive Data: Although it’s a cloud service stock in the back row, its chart structure and trading volume are impressive. Tomorrow, it will open high at 24.23, with a bidding amount of 50 million yuan, worth betting on.

Personal trading notes:
Last Friday, I held five stocks. Today, I cleared four, leaving only Xin’s Strange. I can’t hold so many stocks anymore. I was busy in the morning, missed some opportunities. Today, I reflected on my empty positions; during the session, I was tempted by Massive Data and Capital Online but held back.