MSCIRefusal, billions of funds betAthigh

Yesterday's report has already reminded us that this timeMSCIInclusionAThe opportunity for stocks is not great. At the beginning of the month, public opinion used this opportunity to hype up a wave, completely to cover up the departure of the main force. Therefore, the opportunity for a rebound is a good opportunity to reduce holdings and leave the market. Since we define the aftermarket as a long period of slow bear, every rebound must be avoided. As for why we define slow bears, it has been mentioned in several previous reports.
On the other hand, yesterdayAstock market indexThe largest "casino" overseas, Singapore FTSEA50The position of index contracts is close to last year's new high in the stock index, with a value of billions. It is reported that Soros has laid out a large number of short positions for bettingMSCIInclusionAStock, Soros's keen sense of smell makes us believe that the next half of June may be a bloody storm. yesterdaygoldReaching a new high is a manifestation of concerns about the global economy, and European and American stock markets also fell sharply and closed yesterday.
The poor performance of LeEco, the leader of the ChiNext board, also indicates a weakening of the overall market. The Growth Enterprise Market (GEM) is currently the benchmark for the entire market. Under the condition of stock capital competition, if small cap stocks cannot be driven, let alone large cap stocks. But the high valuation of small cap stocks means they have significant room for correction.
So our overall judgment of the stock market is very weak. But there are stabilizing factors, so it will slow down. Institutions huddle together for warmth, without holding onto individual stocks, waiting quietly for harvest. Now the entire market is still in progress2800Organize the steps and observe the changes in late June when there are many risk factors. Pay attention to individual stocks in the gold sector and stay away from high valuation sectors. At this point, the risk outweighs the opportunity.