#2024.7.26 Midday Trading Strategy# Big caps fall while small caps feast! Over 4,400 stocks rose this morning, with major capital fleeing from banks and SSE 50 heavyweights, pouring into oversold growth stocks;

The reason for the surge in home appliances was already explained this morning. After the subsidy news came out yesterday, it basically guaranteed the sector would open higher today, with no good entry points in the morning;

Another reason for the home appliance rally is capital rotation from high to low valuations, as some funds began taking profits from high-dividend stocks and shifted into these growth stocks with fully priced-in pessimistic expectations;

Another strong performer this morning was the defense/commercial aerospace sector, stimulated by news that the first batch of satellites will be launched into orbit "18 satellites on one rocket" on August 5 in Taiyuan;

Today's commercial aerospace movement mainly involved stocks with defense overlap, which also absorbed some capital exiting the autonomous driving sector;

In this low-volume market, chasing gains in the afternoon isn't recommended. Just hold if you're already positioned.