Both markets opened higher and continued to rise!!

$Shanghai Composite Index sh000001$ Today, the two major markets opened high and went higher, which was quite impressive! Especially the STAR 50 Index surged, directly lifting the Shanghai market, breaking through the previous high of 3936 points and reaching around 3949 points.

The trading volume of the major markets had been below 2 trillion for five consecutive days, but today it finally saw a recovery in volume, which is really good news. However, there is also a problem: while the major indices rose happily today, nearly half of the individual stocks in the two markets are still struggling. The major indices are about to reach 4000 points, but most people's account values may still be stuck at the 3300-point level. This situation of "index frenzy, individual stock silence" is why market confidence is always hard to lift.

Today, the memory chip sector was simply amazing, leading the way with a gain of over 5%. Many stocks like Aerospace Intelligent Equipment, Puramax, and Shannon Core Innovation pulled out 20CM big bullish lines. Why? It turns out that industry leaders Samsung Electronics and SK Hynix announced price hikes. Products like DRAM and NAND saw prices rise by 30% at once, which was like a shot in the arm for the market. The main reason is that AI technology is developing too fast, and the demand for memory chips from AI servers and data centers is growing, so this sector has strengthened.

After the major markets stabilized, it can be seen that small-cap stocks performed much stronger than large-cap stocks. It feels like the market is now dominated by small-cap stocks, and everyone will have to adapt slowly.

Also, commercial aerospace has recently received policy support. This year, Guangdong, Shanghai, and other places have introduced supportive policies, giving this industry a lot of momentum. However, this sector has already been hyped many times before, so the possibility of continuous big gains in the short term is not very likely. If you want to chase the rally, you should be extra cautious.

The coal and natural gas sectors fell quite badly today. Yesterday, a major event mentioned the need to reasonably plan the scale of manufacturing, which is not good for the coal and natural gas sectors. Moreover, these two sectors have already risen a lot before, and with multiple factors coming together, a "late spring chill" situation emerged. However, winter hasn't truly arrived yet. Once the weather gets cold, these sectors should still have a chance to become active again later, but in the short term, they may still need to pull back a bit.

Today, the major markets surged, and there are three points to note: First, the trading volume of the major markets expanded significantly today, which seems like preparation for a charge toward 4000 points. Second, today's upward gap in the major indices is an ordinary gap, and historically, it may need to be filled in the short term. Third, pay more attention to news over the weekend. There should be news coming out from Malaysia over the weekend. If it's good news, the major markets may launch an attack toward 4000 points next week!