#2024.9.18 Midday Trading Strategy# The market continued its previous trend after the holiday, with indices hitting new lows. Although the decline wasn't significant today, most stocks fell across the board, with fewer than 700 stocks in the green before the midday close.

The US Federal Reserve's interest rate meeting is scheduled for early tomorrow morning. The focus now is on how much rates will be cut, and capital may be waiting for the decision to be finalized.

Morning trading volume was only 290 billion yuan, showing complete stagnation. Domestic capital fled 13 billion yuan in half a day. If not for the national team's intervention—buying ETFs and high-dividend stocks like banks—the 2700-point mark would have been breached by midday.

The best outcome today would be no intervention, allowing the market to break below 2700 to gauge the reaction. Propping it up artificially isn't a solution—while the index is prevented from falling, individual stocks are still suffering heavy losses.

So, this afternoon, watch whether the index plunges. If there's a significant sell-off, there might be capital inflows towards the close betting on post-rate-cut rebounds.

In terms of sectors, only lithography machines (boosted by weekend news) and insurance (market support plays) bucked the downtrend this morning.

Lithography machines are already a known play—good stocks are hard to buy, and accessible ones are risky. For those without positions, it's best to just watch.