
Likes ReceivedToday's rally should thank the authorities. In the morning, the central bank came out to stimulate the financial sector, and in the afternoon, there was positive news for the tech sector! Trading volume also increased today, with turnover returning to 2 trillion! This indicates fresh capital has flowed back in!
The pullback at the close surely worried many, but a retreat is actually good—take it slow, don't move too fast! After all, the massive bearish candle on October 8th is still fresh in memory. Some definitely took profits early at the close, too nervous to hold. That's normal psychology—the stock market is ultimately a battle of human nature, where fear and greed are both natural.
After today's gains, discussions about stocks will surely heat up over the weekend. A Monday surge isn't out of the question, but will the market go as crazy as before the holiday? No!
What regulators want is a slow bull, not a mad bull!
If no major catalysts emerge over the weekend, next week will likely continue with volatile swings.
Sector-wise, tech stocks took off this afternoon! Those who chased today will probably get an exit opportunity next week!
I believe everyone recouped some losses today! With A-shares swinging so wildly now, it's a daily frenzy of high-stakes bets. Whether you sold or bought today, you made the right call!
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