---
title: "July 25, 2024 review: More than 3,000 stocks rose!! In a low-volume environment, the main focus is to control your position."
description: "Last night, the overseas markets experienced a significant decline, primarily due to the particularly poor economic data of the July PMI, which raised concerns about liquidity risks in the U.S. stock "
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/22703606.md"
published_at: "2024-07-25T13:19:30.000Z"
author: "[点金胜手](https://longbridge.com/en/profiles/12090136)"
---

# July 25, 2024 review: More than 3,000 stocks rose!! In a low-volume environment, the main focus is to control your position.

Last night, the overseas markets experienced a significant decline, mainly due to the particularly poor economic data of the July PMI, which raised concerns about liquidity risks in the U.S. stock market. The collapse of the U.S. dollar could lead to a liquidity crisis in various commodities, causing major global liquidity issues. As a result, the tech stocks that were heavily concentrated in the U.S. market plummeted. If liquidity problems worsen, it may force an acceleration in interest rate cuts. Today, the global foreign exchange market also saw considerable volatility. However, in contrast, our market performance today can be considered an 'Independence Day,' with over 3,000 stocks rising and sentiment recovering first. However, due to the continued low trading volume—falling below 600 billion again—the seesaw effect remains evident, with large-cap stocks dragging down the index while small and mid-cap stocks recover.

In the current low-volume environment, timing is crucial for market participation. Short-term sentiment is driven by existing funds, so avoid blindly chasing highs after emotional peaks. For example, if sentiment is good today but volume doesn’t increase tomorrow, differentiation will follow. Participating at the node of 'weak-to-strong' transitions is more suitable.

In terms of sectors, autonomous driving led the 'weak-to-strong' transition today, with stocks like KING LONG MOTOR and Dazhong Transportation hitting the limit-up, driving follow-up limit-ups for Haima Automobile, Jinjiang Online, StarNet YuDa, and Fulin Transportation.

Yesterday, news indicated that Shanghai's driverless smart connected vehicle demonstration permits may open Robotaxi services to the public in August. Smart connected vehicles involve multi-party coordination between vehicles, roads, and cloud systems, aligning with the policy direction of vigorously developing new productive forces. Once the high potential is realized, it may drive expectations for undervalued stocks to catch up. Additionally, the low-position photovoltaic sector also saw movement, with Zhongqi New Materials hitting three consecutive limit-ups, and stocks like Mingliada, Lushan New Materials, LVKANG BIOCHEM, and OJING TECHNOLOGY reaching the limit-up. At the recent photovoltaic industry supply chain development forum, the China Photovoltaic Industry Association called for supply chain companies to strengthen cooperation, operate rationally, and jointly create a healthy industrial ecosystem.

From a market perspective, the photovoltaic and wind power sectors have been repeatedly active recently. For example, leading photovoltaic inverter companies like Deye and Ginlong Technologies have trended ahead of the sector. On the other hand, short-term high performers like Tengda Technology and Zhongqi New Materials have emerged with consecutive limit-ups. As high-position tech stocks gradually recede, some funds are flowing back into the low-position new energy sector.

However, as of now, neither photovoltaics nor wind power has had a significant impact on the index or sentiment, so it’s best to view them as oversold rebounds and focus on short-term opportunities in individual stocks.

In summary, after continuous declines, market sentiment reversed today. With the national team supporting the market, the index continued to decline mildly, and trading volume fell below 600 billion. The market urgently needs a high-volume rebound to reverse the downtrend. Until clear stabilization signals appear, controlling positions is advisable.

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.