The financial circle exploded at the end of the year🎇
Gold broke through its historical high last night, approaching $3300/ounce, and the A-shares did not back down, with all three major indices closing up collectively, foreign capital buying over 10 billion in a single day. Even my friend who never trades stocks came to ask: Can we still benefit from the Christmas market by entering now?
In fact, this wave of rising prices had long been predicted. The expectations of interest rate cuts from the Federal Reserve, combined with central banks worldwide continuously stocking up on gold, have led to a frenzied rush for gold as a safe-haven asset. On the A-share side, the end-of-year institutional rebalancing plus the release of policy dividends has led to a rotation of rising technology and consumer sectors, and even the long-silent big finance has started to show signs of movement.
However, I still want to remind everyone that the better the market, the clearer we must stay. The short-term surge in gold prices may carry the risk of a pullback, and the stock market may also show fluctuations due to holiday effects. It is recommended to control your positions, avoid blindly chasing highs, and focus on undervalued quality blue chips and growth stocks with performance support.
Finally, I want to ask everyone, this Christmas, will you choose to cash out for safety or continue to increase your positions?