This week has really been a roller coaster. On the first day of December, everyone was excited, but then three consecutive days of steady declines left people stunned. That said, most of the declines seemed to have finished by Wednesday and Thursday, so maybe we can catch a break today, Friday.

The most anticipated event is Moore Threads going public today. This is quite a stimulus for the STAR Market and tech stocks. That’s how the market is right now—when the tech sector moves, sentiment picks up, so keeping an eye on tech today could be interesting.

Here are a few areas worth watching recently:

**Resources are really resilient.** The market has been dropping like crazy, but copper and silver prices are still moving up—that logic is clear. Over 4,000 stocks are falling, but the non-ferrous metals sector is holding strong. At times like this, it's worth paying more attention to what's resisting the drop.

**Robotics suddenly took off yesterday.** Mainly because Musk's Optimus spiked in US stocks, plus Trump has been talking a lot about AI and the robotics industry lately, so the market got fired up. Related stocks surged, and this sector should stay hot in the short term.

**Chips and semiconductors deserve special mention.** Besides Moore Threads’ IPO as a catalyst, Japan’s news about restricting lithography machine exports is a big deal, further strengthening the domestic substitution narrative. Some chip stocks have seen quite active capital flows recently, so it’s worth watching if they can resonate with Moore Threads and trigger a sector-wide rally today.

**Commercial space seems to be starting to diverge.** The signs were there yesterday—funds are a bit scattered, and there’s no new stimulus for now. Personally, I think it’s better to wait and observe in this area for the time being and not rush to chase highs.

**Consumer sector is the classic year-end play.** Every year around this time, there’s a wave of speculation. This year, the ice and snow economy and tourism concepts are pretty hot. Northern winter tourism and southern destinations unaffected by the season are both getting attention from capital, and there’s certainly room for imagination at this time of year.

Overall, whether the market can stabilize today still depends on whether the tech sector performs. If Moore Threads opens strong and lifts chips and the STAR Market, overall market sentiment could steady up.