A bleak March has ended. Please be kinder to me in April!

Overall, it pulled back up from the deep V yesterday, and then today it spiked up before getting slammed down again. Although the market has already shaken off message-driven stimulus from the external conflict, it still hasn’t escaped the panic sell-off from quant strategies. Near the gap overhead, overall selling pressure remains relatively heavy, and the bad-losing effect is exploding. Of course, the tape also has some better aspects: fiber-optic price hikes are still attracting capital in a crowding move. Looking ahead, as the market oscillates upward to fill the gap, it will most likely resonate with the technology sector. Today, though, it’s mostly small-essay-style panic selling!

Below is a rundown of each sector:

1. Power-compute coordination: This is also consistent with expectations. Guangxi , which had the biggest “losing money effect” yesterday, also provided a countertrend repair. @E1@—the New Energy @E2@—even saw a long-leg reversal and engulfing move, and there was also a first-board new issue at a low level. Both the Huadian “two heroes” also all delivered repair moves. The bad point here is that the repair is too unanimous, and it’s more of an inverse-index style crowding move. In the earlier core @E3@ (YuNeng GF), it’s still in the process of catching up with the decline and hasn’t stabilized yet. Basically, what’s left is quant strategies in a chips game. Then they withdrew as they fought, anchored at low levels—will there be any new strong “top-strength” candidates?

2. AI computing power hardware: Today’s sell-off is more influenced by those “small-essay” pieces; at its core, the chips are relatively dirty. The recent one-way sell-off in the index has led funds to cluster into this crowding position. Ironically, selling like this is actually a good thing—it provides a better valuation cost-performance ratio. After all, the sector’s outlook and growth are foreseeable. Here, the main anchor is the core @E4@ (Changfei GuangQ). The profitable effect it has generated is likely to be something that capital will rush to imitate. During this high-level sideways consolidation phase, watch to see whether any new names emerge to take over as the vehicle!

3. Commercial space: In the morning, there was also a push for a liquidity wave, but the only hidden risk is that it’s still the previously oversold leading popular stocks. Without fresh faces coming out to lead the way, there was no follow-through in the afternoon. @E5@ (West Materials L) still had a big spike-and-fall, and the sector board “Shenjian GF” also has to face the previous high. The sector’s disagreement tomorrow is also something we can reasonably expect. Here, I’m still looking to see whether after tomorrow’s divergence it can once again strengthen—otherwise, it’s still just a rotation of oversold bounces!

4. Zhangxue motorcycle concept: At the moment, there’s no clear main theme in the market. And the old directions have relatively dirty chips. Today’s intraday divergence turning into consistency is indeed something you can pay more attention to. In a choppy market, this likely becomes a short-term speculative theme that capital focuses on. The anchor is the core @E6@ (Hongchang KJ). If you keep pushing for higher highs from here, chances are there will also be low-level catch-up gains. For short-term speculation: move fast, trade fast, that’s it!

The index is still a bit weak. Near the gap, overall selling pressure remains heavy, which also shows that capital is still worried about uncertainty from overseas. For the most part, it’s still mainly observation. However, personally, I’ve always believed the bull market is still here—so don’t be afraid of panic selling right now. Even if you look back later, a lot of this is a “golden pit” created by technology. As for the themes: power today fell and then repaired a bit. Most likely, the next phase is a rotation repair out of the retreating tide. Basically, quant strategies at low levels will remain active. Commercial space is currently crowding into short-term fund speculation, but it has also been going strong for 3 consecutive days. Tomorrow, it will also face divergence; buy points are best positioned after the fact. In big tech, look for logic candidates that were mistreated by the sell-off. As for the Zhangxue motorcycle concept, it may serve as a transitional short-term speculation theme for funds!

Got completely crushed today—Honghe didn’t move. De Mingli didn’t move either. Lao Biao sold with one knife and hit Bangjie. Take a look: what’s going on with these old庄 stocks in a market like this!