The investment weekly report explains the market situation this week in three words and two words, and explains the forecast for next week. Add a little investment trivia every week, let's skip the investment pit, from bear market to bull market 2023 stock market start. Artificial intelligence is not only a technology, but also an ethical challenge.
Overall stock market performance statistics for the 21st week of 2023:
Profit analysis: In 2023, the Shanghai Composite Index will increase by 4.56% and a weekly increase of 0.54%. The SSE 50 index rose -3.48% cumulatively and -0.61% weekly. The Shenzhen Shanghai 300 Index rose -0.25% cumulatively and 0.28% weekly. The Shenzhen Shanghai 500 Index rose 4.11% cumulatively and 1.16% weekly.
This week's index rise adjustment: Shanghai stock up 0.54%, 50 index up -0.61%, 300 index up 0.28%, 500 index up 1.16%, CSI All Index Securities Company index up -0.54%, A50 main index up -0.51%.
Market Analysis:
The volatile week index miraculously stabilized the decline, and the 500 index made a strong move this week. Last week, the index fell below the annual line, and the rally was weak and did not stand on the annual line. The normal script is that this week will pull back sharply to find 3100 support, but the script is just a script. Although there are funds to significantly reduce their holdings of 50 constituents in the broader market this week, there are also funds entering in 500 constituents. Although the weekly index fluctuated sharply, it still closed with some gains. April's data haze has a past trend, and OTC funds are still dipping.
Zhangjiang Hi-Tech: 4.82% this week, holding continues to wait, and the second time expects next week's rebound.
Sister-in-law index: income index 107.25%, position 99.9%. Another sad week, this week is really sad again.
Individual pension account situation: the principal is 24,000 yuan, the net value as of May 19, 2023 is 24,572.51 yuan, and the personal pension index is 98.22%. E Fund (017297) rose -1.06%, still stronger than Penghua (017381) up -2.50%. Penghua, the fund company, everyone pays great attention, I will not say anything specifically, lest I say that I can't afford to lose and slander people, and I want to spend 3 years with them, I can only greet them. It's really hard to just pay a little personal income tax back!
Analysis for next week:
The flow of funds has reversed, and the index has shown signs of strengthening for 2 consecutive weeks. The probability of the index continuing to oscillate next week is unlikely, and the index may appear to be on an upward offensive. At present, there will be no stalemate in many aspects, and the index must choose a direction. Of course, the downward risk still exists, but in terms of probability, the probability of the index upward attack will now be greater. Therefore, if the stock holdings in hand are basically good, it is not a big problem, it is not recommended to frequently chase hot spots now, chasing up and killing will be the main reason for investors' losses in the future, of course, in the past, but the future will be more obvious.
Cabbage portfolio investment expectations:
Cabbage ETF Investment (Balanced): Cabbage ETF Portfolio (Holdings)
Cabbage ETF investment (timing): CSI 500 ETF (positioning) can now increase the proportion of 500 ETF investment, and it is expected that the 500 index will strengthen a lot.
Cabbage ETF portfolio: In the twenty-first week of 2023, the cabbage ETF was reported to be 100.48%, and the benchmark Shanghai Composite Index outperformed by -4.08%, (this week, the cabbage ETF index has a 0.39% premium to the index, and the weighted stocks are temporarily back to protect the market.) The cabbage index has not been consistently stronger than the broader market, and the monkey market is still bullish and early.
Artificial intelligence is not only a technology, but also an ethical challenge.
Chant GPT is only the first time that artificial intelligence has come to the spotlight to begin commercialization, and artificial intelligence has gone through more than 20 years from theory to commercialization, but this time we must clearly realize that this is an ethical issue and a nature of cloned organisms.
The biggest challenge in artificial intelligence and the past is not only to improve labor efficiency, but to replace human resources. Artificial intelligence superimposed machines can completely replace human labor, which will have a collapse effect on the current social system. The status quo of human society is that everyone works and then obtains living materials, but the ultimate goal of the development of artificial intelligence must be a complete replacement of manpower, and we have to think about what people do in the face of this problem?
Some people will say that there is no need to worry about the future, and that there will be new job opportunities for manpower. But when the productivity of labor is increased to the point where most jobs do not require people, the labor force will definitely be rich in large quantities, and what will society look like when people have no job opportunities?
When the basis of material distribution in human society is no longer labor, what will become of human society? This is an ethical question to think about.
Of course, we don't need to worry, the development of artificial intelligence still needs a long way to go. At present, the computing power foundation will not support the qualitative improvement of artificial intelligence, but in the next 20 years, we will find that artificial intelligence will go deeper and deeper into our lives.
The development of artificial intelligence requires the improvement of material science, silicon-based chips certainly cannot support another qualitative leap in artificial intelligence, whether GPU or CPU are the pearl of science and technology in the previous era, can not support another leap in future technology.
The development of science and technology will inevitably have a gradual improvement process, the next 20 years is still the spring of the development of the semiconductor chip industry, we can still believe that chips and semiconductors are YYDS for investment.