Why is the stock market this winter and next spring Manniu

 Short week, the market begins with the frequency bears blowing warm air into a gas filled, led the broader market recovered six lines in one fell swoop, to return to the top of 5,000 points. However, investors seem to be more attention should be paid ,UGG boots cheap, should be wondering why the stock market this winter and spring only Manniu.
First, determine the central economic work conference next year, tight including administrative measures will be taken, including a variety of economic overheating and monetary measures to curb excess liquidity, curb lending, strengthen the financial, real estate regulation of the industry, which will results in these two sectors have a negative impact. Once the Shanghai and Shenzhen These two heavyweights leading the stock market to be regulated to live, and next year's snail-paced to fast too soon is not it.
Second, with the pointed out: blue chips in the crowd out of funds. The occasion of winter and spring,cheap UGG boots, investors usually prefer to directly enter the market, rather than buy the fund, which led to the first few months get together and jointly fund blue chip speculation frenzy ; no longer exists, the index rose faster impossible.
again, the first heavyweight PetroChina to bottom in a long consolidation period, contain the index. stuck with 100 billion in oil money, combined with next year's February 5 10 billion shares on purchase of IPO under the net ban, it appears that the oil will be a long time in the range of 30-35 yuan shock consolidation. Meanwhile, Shenhua, China Construction Bank, Sinopec, Life, ICBC,UGG boots, Bank of China at the top also stuck with the 200 billion-300 billion of funds, so there can be so many bodies to serve as large-cap stocks,
and times published in the annual report period, the market will be concentrated in hot spots without the small-cap stocks in the index. because only small-cap stocks is likely to emerge in the performance of substantial growth, it may have a large proportion of bonus issue, it may have injected listed as a whole subject,UGGs, it may be when the index was up stocks rose. not to mention the vast majority of small-cap stocks have been adjusted up to 7 months time, the adjustment generally 40% to 50%, consistent with 3 months , expressed as Manniu trend.
In short, I understand the stock market next year is . It will be very different in the second half of this year