With the release of the last batch of stocks with poor performance forecasts on January 31, January 2024 finally ended dismally, with all the major domestic indices falling sharply on a monthly basis, and the Science and Technology Innovation 50 Index led the decline of the main indices with a record monthly decline of 19.62%, and after a three-year bear market decline, January 2024 began with the worst start in eight years, which is really heartbreaking.
2023.1.31
If you want to find the reason for the record decline in January, and find that there is no new major negative in the market in the past month, the market will continue to kill the reason since the second half of 2023, what will happen if this rhythm continues? Many people will be more anxious than ordinary participants! So there is no need to worry too much, in February, there is no impact of performance forecast, referring to the rhythm of January 2016, the huge hole dug by the market at the beginning of the year will most likely be filled in the rest of 2024.
CSI 300 Index from February 2016 to January 2018
In January 2016, because of the system and just experienced the 2015 bull and bear conversion, market confidence is more fragile than now, and there was a situation similar to the overall market decline in January this year in January, but then the main indices began to repair upward in the rest of 2016 in February, of which the CSI 300 index has opened a two-year slow bull market, and many big blue chips led by Kweichow Moutai have also come out of the bull market during this period.
2024.1.31
At present, the overall valuation of the market is lower than that of January 2016, and the market can choose to attack more varieties upward.
2024.1.31
There are not a few 10 years in life, each round of crisis means a round of wealth reshuffle, standing at the moment of 10 years of low valuation and extremely pessimistic market, how to choose may change the future life trajectory of many people.