2.26 Review: Green and lush US stocks

The total trading volume on the two markets reached 2.53 trillion yuan. After the New Year, funds have gradually started to return to the market, and the top-tier funds are also beginning to appear one after another. The indices are fluctuating slightly. In the coming days, a major meeting will commence, and it is expected that there will be no large fluctuations; stability should be the main focus. [Taogu Ba]

Last night, due to Zimbabwe’s ban on mineral exports, lithium battery stocks showed a split trend in the morning. Companies with mineral resources elsewhere received significant positive news, while those with mines in Zimbabwe faced major negative impacts. Additionally, downstream lithium companies, represented by CATL, experienced sharp adjustments today. In the morning, Jinyuanding was heavily sold in a straight line, while Salt Lake Shares also strengthened. The logic remains as mentioned above, and tomorrow is expected to see a continued split trend.

Regarding computing power, influenced by the news that “DeepSeek V4 was released without providing model previews to American chip manufacturers like NVIDIA and AMD, instead opening access weeks in advance to Chinese chip suppliers including Huawei for adaptation and optimization,” A-shares’ domestic computing power sector finally showed some strength today. Yesterday’s stock, Taijia, opened sharply higher and hit the limit up. Yunnan Energy Control, which was weak, turned strong and advanced to the 6th limit. Subsequently, Huawei’s Ascend chips surged significantly, with Chuanrun, Huasheng, and others hitting the daily limit. Huafeng Technology also rose sharply. This sector is at a relatively low position; we will see if it can sustain the upward momentum later.

In commercial aerospace, the previously soaring Longdeng only has Chengxing Shares left. Funds are gradually flowing back into oversold commercial aerospace stocks. After two consecutive days of gains, Aerospace Development was boosted yesterday, and Aerospace Power was driven today. The strongest segment recently has been aircraft engines, such as Yingliu, Aerospace Power, and Aerospace Technology, which all hit new highs. Additionally, stocks that previously experienced continuous overselling, like Feiwo Technology and Xinke Mobile in the 20cm category, rebounded first. Chengchang in the 5cm category also continued to rebound. We will observe if other stocks in the 20cm category follow suit later.

The photovoltaic sector also experienced continuous overselling. Core stock GCL System Integration showed signs of group buying. Last night, U.S. tech stocks plummeted, but photovoltaic stocks surged. Moving forward, with Musk accelerating factory approvals and increasing capacity from 10GW to 50GW, and institutions hinting at this overnight, this sector may rebound along with commercial aerospace after overselling.

In tech stocks, NVIDIA’s earnings last night exceeded expectations, but NVIDIA’s stock dipped slightly at the close yesterday. Conversely, CPO rebounded strongly today, defying the trend, performing very well. As of tonight, U.S. tech stocks are plunging sharply, with NVIDIA dropping as much as 5%. Both CPO and PCB, which had been rising continuously, are now facing divergence expectations. Tomorrow, this sector might see a bloodbath. Hopefully, the market will open lower and be gentle, otherwise, the indices will face pressure again, possibly requiring the “Three Foolish Financials” to come in and support the market.

The above opinions are personal notes for reference only and do not contain any investment advice.