1. Liquidity has surged again, with trading volume reaching nearly 5 trillion to almost 26 trillion. This is mainly due to popular holiday stocks, with semiconductors and AI attracting significant investment, along with nuclear fusion, gold, and lithium batteries all showing strong performance. However, sectors outside of these core areas are lacking excitement; those not in the main focus have little to offer.Personally, I believe that a trading volume of 26 trillion is sufficient to support a blooming market, definitely supporting the rotation of major market sectors. I currently do not have these super strong core stocks, but I trust that sufficient liquidity will support various optimistic expectations.Moreover, with the third quarter reports approaching, my core judgment is still that the performance of the third quarter will influence market trends. The semiconductor sector needs to focus on performance, and the core players in AI, like Easy Zhongtian, need performance validation even more. As for other sectors, it is difficult to expect standout performances.2. However, speaking of which, Yangjie Technology in the semiconductor sector released its performance report tonight, with a net profit attributable to the parent company of 937 million to 1.004 billion yuan for the first three quarters, a year-on-year increase of 40% to 50%.I mentioned earlier that semiconductors need performance, and this result is beyond expectations, showing a strong trend, marking the first unexpected performance in the semiconductor sector.For semiconductors, this is an extremely positive first report card.3. The nuclear fusion concept surged today, and I was taken aback; such technical breakthroughs can only exceed expectations in a bull market.I did some research and found that the current breakthroughs in nuclear fusion and market operation will not be feasible for another 15-20 years, and right now, it is merely a technical validation. In a bull market, grand expectations are drawn.I am more convinced of my grand expectations now, truly.4. Tonight, our customs department announced a large batch of export controls on equipment and products related to rare earths and lithium batteries.This will serve as a basis for negotiations next month. The U.S. is creating a void, and we are similarly following suit. For individual stocks, this brings heat; a bull market with heat is indeed bullish.5. Another core hot stock is SMIC, which has seen a high-level pullback.Opinions vary; some say the mortgage rate is 0, and the price-to-earnings ratio exceeds 300 times, indicating that the market has deemed SMIC too expensive.I personally believe there is an opportunity for core stocks to be swapped out, but of course, semiconductors remain the grand narrative. Other sectors may have opportunities to rise.6. In a bull market, if you are not in today, you will be in tomorrow, especially under super strong liquidity, as long as you are not in sectors like liquor consumption that are the bull market’s nemesis.That’s it.