01
Today's market continued to adjust, the Shanghai index closed down 0.96%; the ChiNext board fell 1.55%, the daily line has been 4 consecutive clouds. The transactions between the two cities exceeded 1 trillion yuan again, and the northbound capital had a small net inflow of 400 million yuan. Individual stocks fell more than rose less, and more than 3500 stocks in the two cities fell, and the effect of losing money was obvious.
Latest fund update, small loss of 4300 meters (last trading day data)
Affected by the unstable situation overseas, the A-share market continued to be rotten today, and the major indexes closed green across the board, of which the ChiNext board fell for 4 consecutive days. Specifically from the disk point of view, the news said that Pfizer new crown oral drug domestic agents are negotiating, the pharmaceutical circulation sector is strong throughout the day; in addition, there are also capital game 1 + 1 meetings are good, three children, pension, education, meta-universe and other plates intraday pulled up, and yesterday's sharp rise in Sino-Russian trade, oil and gas and other prosperity and decline, short-term high-end stocks collective ebb tide, more than 20 shares fell 10%. The mainstream sector also continued to adjust, and liquor, new energy and so on continued to decline. The active funds I hold today are almost all green in value, generally down 1-2 points. Recently, the market has been falling, and the fund has to lose thousands of dollars every day, feeling numb.
Baijiu continued to fall today, having fallen by almost 5% in the past two days, and the gains that rebounded not long ago are now basically gone. Technically, today received a small doji, obviously weak rebound, it is estimated to test the strength of support at the previous low.
On the news, some people have previously proposed that the current liquor industry is full of false fire and chaos; capital profit-seeking and disorderly speculation have caused the phenomenon of "high-priced wine" and "sky-high-priced wine", so it is recommended to use tax tools to "cool down". This coincided with the 1+1 meeting, which caused market concerns. In addition, starting from March, liquor enters the traditional sales off-season, and the back may be relatively dull for a longer time. At the moment, it is still more to see and less to move.
Pharmaceuticals today fell slightly by 0.04%, showing a very anti-beating performance, and at one point it rose more than 1% intraday. Technically, there is the support of the 20-day moving average below, and the previous few trading days have been a small decline and a small rise, and there are signs of stabilization in the short term.
Combined with the previous K-line trend, medicine on February 15, February 25 twice rose 5%, two big Yang lines will raise the center of gravity of the entire plate, after each big rise after seven or eight trading days of small platform shock, is still located in this range, there is no need to move.
New energy is down 3% again today. This week has fallen for 4 consecutive days, and the cumulative decline is almost 10%, which is the worst performance of all mainstream sectors. From the K line, yesterday just probed to the support level of the 20-day line, and today it directly jumped low, and the support level became a resistance level. MACD indicator immediately dead fork, short-term or more to see less moving, observe whether the previous low position is supported, if it continues to fall, the rise of new energy after the Spring Festival should also be 0.
On the news, BYD, the first brother of domestic new energy vehicles, announced last night that the sales of new energy vehicles in February were 88,300 units, compared with 10,400 units last year, an increase of 750% year-on-year! Last week, a leder said that our new energy automobile industry has entered a stage of rapid development of scale, although it still faces some difficulties and challenges, but it is expected to maintain a high-speed growth trend this year. Previously, it was predicted that sales this year are expected to exceed 6 million vehicles, with a penetration rate of 22%. It can be seen that there is no problem in the new energy boom, but the market has speculated too fiercely before, and it is expected to be calculated according to 50 years later, if the valuation is digested and digested, there will be a chance to sell later.
Semiconductors rose against the market today, from the K line, today's big Yang line will basically reverse yesterday's big yin line, and many parties have regained the initiative. However, the upper part is still facing the suppression of the annual line, or wait until the annual line is broken and the right pattern is taken.
Military industry for three consecutive days of correction, has fallen to the annual line near the position, the support here is more important, if the next week below this moving average, it means that the military industry will return to the downward trend, short-term or continue to wait and see.
Overseas markets such as the U.S. stock market fell across the board last night, and the Internet and Hang Seng Technology also continued to fall sharply and hit new lows. Since the beginning of the year, Internet funds have fallen by 9%, and from last year's high, they have fallen by more than 58% so far.
This decline in the Internet has no obvious negative impact, and if you have to find a reason, there is a rumor that has gone viral in the rich circle. This time the bear big bear two fight, some of the moves made by several big guys in Europe and the United States, actually rushed like hyenas to rob the property of the bear lord, which is equivalent to direct confiscation. Many rich people are afraid, and if they can't keep the eagle sauce behind us, they will freeze. Therefore, we are trying to get back the overseas assets that were hard to get out before. Stocks, on the other hand, are the most liquid and are the easiest assets to sell first. The stock they held the most before going to sea was an Internet technology company. Of course, this is just a blind rumor. In fact, many big guys and giants are still optimistic about the Internet. Duan Yongping, known as "China's Buffett", recently added a penguin position, and according to the order records, a total of 5.35 million US dollars was traded. For an investment big guy, when he first read the bottom last year, he said that he would continue to buy after falling down, and the subtext was obvious, and the big guy didn't know where the specific bottom was, but according to the homework done, he recognized the performance and valuation of penguins.
In addition, yesterday, a well-known overseas investment institution, the third largest Chinese equity fund - UBS Select announced the top ten positions. During january, penguins were significantly increased by up to 100%, which is a very frightening proportion of holdings, indicating that the fund is very optimistic about the Internet, and the rest of the positions like Ali and Pig Factory have not been sold.
At present, the Internet is mainly affected by extreme emotions, and it may be more difficult to follow, but the fourth quarter of last year was the most painful and pessimistic moment of the Internet, just like the medicine of not long ago, which is still in the bottom stage, and can only continue to boil in the car. In addition, investment funds are a long-term process, not an upward or downward straight line, it is a risk and return coexistence curve. I hope that investors will maintain a rational mentality and not be affected by the mood of falling and rising. No one can accurately predict the rise and fall of the market, we can only do relatively scientific position management based on the potential winning rate.
02 What should I do if I encounter investment "setbacks"?
We all know that Buffett is an investment tycoon, known as the "stock god", but compared to the classic success cases such as Xishi Candy and Coca-Cola, Buffett has also suffered "setbacks" in his investment career.
Take generic reinsurance, for example. Insurance has always been Buffett's favorite industry, especially in the case of Buffett's early acquisition of Geke Insurance. Buffett negotiated the acquisition of General Re. However, in the next two years, there were many major disasters in the world, and General Reinsurance paid huge losses, not only that, in 1999, General Reinsurance also suffered a heavy blow in areas such as film insurance, which directly dragged down Berkshire's performance. With the index up 21 percent that year, Berkshire's return on investment that year was only 0.5 percent, and its stock price slashed.
But even more unexpected is yet to come, with 9/11, which shocked the world in 2001, resulting in more than $1.7 billion in losses from General Reinsurance. This has cost it a lot, and universal reinsurance itself is actually just one of many cases, and Buffett has actually experienced more failures than that.
So in the face of investment "setbacks", how do masters cope?
1. Review the cause of the error; it is believed that the possibility of black swan events has been ignored or underestimated in setting rates and assessing cumulative risks.
2, focus on the longer term, enjoy the value of time. In Buffett's letter to shareholders, it is specifically mentioned that we hold shares based on our expectations of their long-term business performance, not because we see them as tools to take advantage of short-term market movements.
In the face of market volatility, coping is more important than forecasting. Investment setbacks are inevitable, and the key is to focus on the long term.
Let's take the CSI 300 Index as an example, combining the rise and fall of the CSI 300 with the maximum adjustment range, short-term fluctuations will exist every year, and it is also a compulsory course in our investment career to face the fluctuations calmly.
PS:
The announcement is for informational purposes only and does not constitute specific investment advice.
Funds are risky and investments need to be done with caution.