The main theme of this wave of market行情 is very clear, with sufficient volume and solid fundamentals, so it’s reasonable to remain optimistic.

**What does the market really think?**

Yesterday’s transaction volume soared to 2.8 trillion, indicating that big funds are actively involved. From the market perspective, although the index is fluctuating, there has been no significant pullback—this itself is a sign of strength. Most importantly, trading volume has not shrunk, and the overall performance remains healthy.

**What are the major financial institutions doing?**

CITIC Securities was suppressing yesterday, and today brokerages, insurance, and banks were hammered right at the open. These players are coordinating to control the rhythm—it's a clear logic: if they don’t suppress the pace, the index would surge today, possibly repeating a crazy bull run. But controlling the index comes at a cost: local hot spots are forming more extreme groupings, and the divergence is very obvious.

**How are the main sector板块表现？**

Commercial aerospace led the gains most aggressively, forming a high degree of resonance with the overall market. You see, when the leading stocks move, the entire market follows. For such deeply linked板块, it might take two big downward lines along with the market to settle down. Currently, the selling pressure is real and tangible—"selling what you can buy." Aerospace stocks did see some adjustments during the session, but insiders are reluctant to sell; once someone sells, others immediately jump in.

Besides commercial aerospace, military industry, AI-related sectors, and brain-computer interfaces are also extremely hot. The era of "weighting the stage and letting themes perform" is over; now, themes directly occupy the stage. Today’s main线高潮 saw most mid-to-high level stocks that weren’t suppressed hitting the daily limit, but as more stocks move abnormally, the strength is shifting toward lower-priced stocks. The leading stocks continue to show abnormal movements; the key is to watch tomorrow and Monday’s performance. With such explosive sector strength, even if feedback isn’t fully suppressed, the effect won’t be too bad.

By the way, on the US stock side, the three major indices are mixed; energy sector gains are good, consumer discretionary is also picking up. Most big tech stocks are down. Chinese concept stocks mostly rose, with the China Golden Dragon Index up 1.09%.

**How to operate?**

When there is a main线, don’t rush to short it—that will make things very uncomfortable. The correct approach is to find an opportunity to join in, and when the main线 shows real divergence and can’t flow back, then consider other strategies.

There are always so many pieces of information in the market trying to create traps—this application landing year, that chip, and intelligent driving. These logics sound good, but the problem is that these new directions have no real signals and are forcibly trying to replace the current main线. Instead of being distracted by these disturbances, it’s better to focus on the current main线. Ignoring the existing main线 makes the seemingly lively rotation and speculation very difficult.

**What’s the outlook?**

This week’s profit-making effect has been outstanding, marking a good start for 2026. From the current market表现, this year might be the year of themes—such opportunities should be cherished. As long as the transaction volume stays above 2.5 trillion and the support doesn’t break below the 4025 to 4050 range, the market remains safe—just stay optimistic.