A-shares got off to a good start in May, but the gains may not be as high as many friends expected.

Although the Hang Seng Index rose more than 4% during the May Day holiday, the Shanghai Composite Index rose only 1% today.Slotempire.16%, far less than the rise of the Hang Seng Index and A50-share index futures during the May Day holiday, and the bulls of big A-shares seem a little weak.

Although the increase in the index is mediocre, Dago does not think this is a bad phenomenon.

First of all, the overall performance of most stocks today is far better than the index performance. All A shares are up an average of 2% today.Slotempire.12%, more than 4500 stocks rose.

Second, the Shanghai Composite Index opened up 0.89% today, and the bulls showed great restraint, but they still showed a concussive upward trend throughout the day.

The restraint of the bulls today is in sharp contrast to the sharp decline in the high opening on August 28 last year. On August 28 last year, affected by the good news, the Shanghai Composite Index opened 5.06% higher, but it continued to fall after opening high, and closed up only 1.13%. After August 28, the Shanghai Composite Index experienced more than five months of adjustment.

This phenomenon reminds me of a common phenomenon in the stock market: the bull market rises slowly and falls sharply, while the bear market is just the opposite. So today's slow rise, Dago feels that from the perspective of the persistence of the market, it is a good phenomenon.

Finally, from the perspective of style performance, the market is more optimistic about the future. Today, some risk aversion plate trend is obviously relatively weak, while the growth plate trend is relatively strong.

Why did this happen? On the one hand, after the release of the new "National Nine articles", funds excessive pursuit of dividend blue chips, while the current trend of the plate before the correction. On the other hand, it shows that the overall risk appetite of the current market has changed. When the market is generally more optimistic about the future, the position will naturally be adjusted to the growth style in order to gain higher returns.

Therefore, today's market performance, Dago thinks is a relatively healthy performance, is a confirmation of the long-term improvement of the A-share market.

Of course, the logic of the long-term improvement of the A-share market has been said many times in recent months, and these logic will not be changed easily.

In addition, from the historical point of view, the current market, and 2014, there are many similarities, for example, are at the bottom of the profit cycle, and interest rates have fallen significantly, the monetary environment is also relatively loose.

From the perspective of market characteristics, the main line of the market in 2014 is mainly "Chinese prefix", followed by the growth direction represented by small and medium-sized entrepreneurs in 2015. Before the end of the "Chinese prefix" market, Dago believes that it is very difficult for the growth plate to usher in a sustainable market.

The "Chinese prefix" is mainly focused on the Shanghai and Shenzhen 300, so is the Shanghai and Shenzhen 300 market over now? Is the market for growth stocks coming? Brother Dago doesn't think so.

SlotempireWe have to understand that the key investment direction of mysterious funds is in the Shanghai and Shenzhen 300. The current CSI 300 index is not far from the buying point of mysterious funds. Under this kind of increase, the probability of mysterious funds coming out of Shanghai and Shenzhen 300 and investing in growth stocks is obviously small.

Today, the trading volume of the CSI 300 index is enlarged again, which is a sign of financial activity. On the contrary, the trading volume of gem and Science and Technology Innovation Board in the past two days has shrunk obviously. This obvious contrast shows that the "big army" is still on the Shanghai and Shenzhen 300. Without the blessing of the "big army", the market of other sectors can only be regarded as a minor fuss in Dago's view.

In trading, if you think the trend is coming, a simple and useful strategy is to stare at an EMA and follow it. Before falling below the moving average, we all think that the trend is healthy, and there is no need to devote too much energy to the detailed analysis of the trend of the market. This strategy will makeSlotempireYou beat most masters.

Here, Dago still has to emphasize the mentality, because many friends have a bad mentality, tossing back and forth in the bull market, and the result is that they all earn the index and do not make money.

One of the important reasons is greed and fluke mentality, always thinking about achieving several times a year's success in the stock market, which leads to deviation from the investment system, taking risks that should not be taken, and buying stocks that should not be bought.

In fact, investment is not that complicated. Invest what you can understand, and give up what you don't understand. This is what Buffett called the circle of ability. An investment, if you still need to consult others, then there is a good chance that the investment is outside your ability circle.

The complicated thing is that once people are involved in their interests, their mentality will change. At this time, mountains are not mountains, and water is not water. It is possible that it is just a random fluctuation of the daily market, once self-interest is involved, it will find various reasons to explain and make the wrong choice.

Brother Dago also experienced from this stage. At the beginning, he also paid attention to all kinds of information and looked for various reasons for rise and fall. Without his own investment system, he not only made himself physically and mentally exhausted, but also did not gain much.

If you want to make some gains in investment, this kind of greed and fluke mentality must be overcome, and there must be an investment system that can stand the test of long-term practice, so as not to be bewildered by the vast amount of information.

For Dago, Dago has also tried a variety of methods, but in long-term practice, one of the more useful ways is to look for stocks that will continue to thrive in the future and have low valuations at present. This is a method that is relatively easy to copy, so Dago will give it to you from time to time.

One of the reasons why Dago is optimistic about the general trend of A-shares is also based on this approach: the economic boom is picking up, various industries are breaking through, and valuations are low.

Of course, this method is very inclusive, and the methodological system of Bao GE, Xiaoer Brother and Qian Yanjun is not excluded. If combined, it will improve everyone's investment success rate.

In terms of the plate, the plate with the highest growth today has several obvious characteristics.

First, industries with high prosperity, such as home appliances and beauty care.

Second, there has been a big decline in industries that have not risen much before, such as medicine.

Third, plates that are stimulated by new technologies, such as synthetic organisms.

Fourth, cyclical industries, such as chemical raw materials and chemicals.

The home appliances and beauty care industry, which has been mentioned many times since mid-April, is a thriving industry.

家电行业，达哥在4月16日的文章就给大家作过重点分析，并在之后的文章多次提及。总结起来就是两个硬逻辑，一是以旧换新，二是出口持续改善。这两个逻辑是中长期逻辑，在短期之内不会改变。

今天，白色家电行业指数创出了历史新高，小家电指数和厨卫电器指数的涨幅也居前。