Interim results report, Jie Rui, see education, low absorption, stabilize 250 antenna water level
US stocks performed well on Thursday. The US retail sales were strong last month. The number of new claims for unemployment benefits fell to a 49-and-a-half-year low. In addition, corporate performance was satisfactory, supporting US stocks. The Dow Jones index closed at 26,559 points, up 110 points. The S&P 500 index closed up 4 points at 2905 points; the Nasdaq index closed at 1 point, at 7998 points.
In summary, last week, 4 trading days, the Duzhi rose 0.56%; the S&P 500 index ended the three-week rally, down slightly by 0.08%; the Nasdaq rose for 4 weeks, up 0.17%. Since interest rate cuts and Sino-US trade factors have been digested, unless China and the United States can sign an agreement in the short term, the market focus will be on performance, and because the market funds are abundant, it is believed that the performance of US stocks will remain relatively stable.
Before the Hong Kong stock market holiday, there was an adjustment. The long holiday factor affected the performance of the market. However, the turnover of the same market fell to less than 100 billion, reflecting that the market’s selling pressure was not obvious, and the night rose more than last night. 100 points, so Hong Kong stocks are expected to test the recent highs again after the holidays.
In fact, there is no long-term holiday factor in A-shares. In addition, the market will have a slight decline in the performance of the first quarter. At the same time, domestic banks and mainland brokerage stocks are still relatively backward. Therefore, during the Hong Kong stock holiday, A-shares should be We can continue to improve. It seems that China Life Insurance (2628) issued a profit alert after the market closed on Thursday. The A-shares were also made on Friday. Therefore, the quarterly results of Chinese stocks will become an important factor in leading Hong Kong stocks.
At the same time, the market may pursue lagging stocks. Banking stocks rose sharply last week. I believe that with the support of more data in the quarterly results, mainland banks and mainland brokerage stocks have the opportunity to catch up, especially some insurance stocks. A large increase has been accumulated, and it is not excluded that some funds will choose to change horses.
Expected price-to-earnings ratio of 19 times
In addition, the education stocks have been noticed in recent days, and Ruijian Education (6068) is about to announce its results. At the same time, it is one of the more fundamental factors, which is worthy of attention.
Technically, Ruijian Education recently regained 250 antennas since August last year, and although there is pressure to retreat after the breakthrough, it can still be maintained on this line, reflecting that the trend has not only improved, but also obviously strengthened. At the same time, on behalf of the factors affecting Ruijian Education last year, it has been completely digested.
In addition, the market is expecting an excellent performance in the interim results on Wednesday, which is also a major reason, because the current P/E ratio is only 19 times, and the valuation of the stocks is low. If the interim results are true, In line with or exceed market expectations, I believe that the stock price can be further broken, so it is worthwhile to absorb the low price before the results announcement.