On the market potential: LED family is entering the harvest period

Disk potential analysis

International situation, the Bank of Japan in 2014 is expected to continue to adopt a more active monetary easing, the yen continued to depreciate trend unchanged.

Market that the next six months to see the yen fell to 110 yen against $1.

The United States in November increased the annual rate of increase in automobile and aircraft orders, the trend of turning and manufacturing orders in November increased by 1.2%, the strongest growth since the beginning of this year, since May.

At the same time, the U.S. new home sales growth speed, in the mortgage interest rates rise, the housing market to restore momentum, November Americans buy new house to buy faster, in October and November is the United States since the middle of 2008 new homes strongest month. To sum up, the systematic risk.

Taiwan, the central bank to NT $13 even depreciate the US quantitative easing (QE) exit affect emerging countries moderate exchange rate fluctuations, therefore, the current account surplus, bond yields low countries, such as Taiwan, South Korea, China, etc. the surrounding market, by the outflow of hot money impact smaller, less exchange rate depreciate sharply pressure.

Coupled with the relatively low valuation of the stock market, the material will attract international buying continued to return, although the depreciation rate is limited, but the export oriented Taiwan, significant.

Taiwan shares, the rest of Europe and the United States before the stock market have a strong position for. 26, Kaiping Taiwan stock shocks, such groups such as LED, the strong performance of solar game group, IC design, steel is better than that of other ethnic groups, recently listed IPO shares and investment shares back to the fixed part of the checkout, the disk shows will recover the price of buying vulnerable, profit taking emerged, the turnover rate increased.

Operation strategy

The focus of the disk has two: first, the highest electronic index has reached 303.84 points over the market point relative to the point of 303.33 points in the past 8501.

Two, turnover amount to 55 billion 200 million yuan, hit a recent low volume, show the current Taiwan stock level is a high-end shock consolidation pattern and operation strategy should be to get short-term strong weak, do not buy long-term buy not buy red black.

The Taiwan stock market is shallow market, with the global stock market linkage and shocks in the market level is too high, the system risk has not yet been the major premise and industry business cycle torsion, the value of long-term investment variables increased sharply, in the face of uncertainty during the holding shares, can not hold too much.

Stock recommendations focus on better prospects next year and the business cycle rise groups such as the LED industry, LED industry in Taiwan from the North American market took off, in addition, LED lighting revolution next year as the key harvest period, is expected to drive the industry next year to return to the growth track, it is important to note.