20230419-财信证券-金工周报2023年第9期_情绪整体升温_但观望情绪演绎_4页_400kb

Financial Report Summary: Gold Standard Weekly Report Q2 #9, April 19, 2023

Market sentiment is overall warming but characterized by persistent caution. Key indicators include declining emotion expectation but rising fund activity, with market sectors like media, computer, telecom, defense, construction, and social services showing high heat levels. Specific boosting factors are the stabilization of the real estate market, with improved financing and confidence, and growing market anticipation that the Fed interest rate hikes may end soon.

The golden standard model outputs a reduced position to 50% based on recent indicators, reflecting a period of观望. Performance backtesting from 2022 to 2023 shows the emotion strategy has high but negative returns compared to holding CSI 300, indicating potential upside despite losses. Risks include disclaimer that historical data may not predict future outcomes and models are not foolproof.

This report is intended for internal reference.