Today, Contemporary Amperex Technology Co.Limited(300750) fell sharply again. It took a group of funds to board the hot search. Most of the hot search went up last year, but now it goes down. It’s like “seeing him rise from a tall building, seeing him feast guests, seeing him…”
Some netizens saw their green fund and made the first “seven wonders · lying flat”: “lying flat, lying flat, lying flat. Lying flat, lying flat, lying flat.”
“Xiaotiantian” becomes “Mrs. Niu”, which may only need a big Yin line, but now “ningwang” and “Yaowang” have suffered continuous setbacks, and the jokes in the Jianghu have been updated again. Some jokes say that Contemporary Amperex Technology Co.Limited(300750) and Wuxi Apptec Co.Ltd(603259) combine to “ask (Medicine) for your (Ningde) life (Ming)”.
In fact, the “fixed-point explosion” of institutional heavy positions has little to do with the fundamentals of the company. The main reason is that the front is held too tightly and fried too high, which eventually leads to the “prisoner’s dilemma”. When the stock price rises to a certain height, the main funds will withdraw first. With the gradual increase of the amount of funds withdrawn, there will be a domino phenomenon, which may eventually form an institutional stampede accident, resulting in a sharp drop in the stock price.
These are the varieties held by high boom track institutions. After a wave of losses, they plunged again today. I think it is caused by the pressure of mutual fund-raising and mutual fund-raising. Of course, fear of heights is also an important factor.
In other words, this is also good news. Usually, the number of jokes flying all over the world means that it is almost bottoming out. For example, you can see Ping An Insurance (Group) Company Of China Ltd(601318) and China Vanke Co.Ltd(000002) last year. But be careful. It doesn’t necessarily rebound immediately when you see the bottom. If you don’t believe it, just look at the current Ping An Insurance (Group) Company Of China Ltd(601318) and China Vanke Co.Ltd(000002) .
For those who want to go to the bottom of medicine and new energy, DAGO wants to wake up. It’s better to be tight handed. Don’t worry first. The characteristic of A-Shares is that they rise crazy and fall crazy. Even if you think the valuation is almost the same, you don’t have to meet the bottom immediately. Maybe you will send a “fracture price”. When you can’t stand it, you may see the bottom.
As the gem index was “kidnapped” by Contemporary Amperex Technology Co.Limited(300750) , the index was distorted to some extent. But in fact, the market is not as flustered as the gem index, which can be felt from the disk of A-Shares after the beginning of the year. At this time, the sentiment index is often ahead of the index. For the specific market, you can first ask yourself about your shareholding experience.
It is indeed rare for the Shanghai Composite Index to receive the fourth positive line after the festival today. Although the disk is not strong, the overall decline is more or less, but after reading yesterday’s message, this should be expected by many friends. Yesterday, DAGO said that the balance of the index is tilting towards V-shaped inversion. This shock is acceptable. As long as we can hold the bottom line, we are still relatively healthy for the time being.
Some friends may be unfamiliar with the pattern of seeing the bottom again after the shock. DAGO also gives a historical trend here as a reference. What we need to watch out for now is that the Shanghai index has become the trend in June 2010. DAGO doesn’t mean anything else, but it’s better to be prepared and keep an eye on it
(the yellow box in the figure above shows the K-line trend of Shanghai stock index from May to June 2010)
Yesterday, the new energy vehicles, photovoltaic, lithium, Baijiu, and other early oversold sectors rebounded for a day. Most of them fell back today, and style returned to the industries such as airports, tourism, engineering construction, and other damaged or steady growth industries.
Tourism, catering, aviation and tax exemption are all rising, which is the end of the game epidemic. Although the epidemic is still serious at present, it is likely to end in the future, and the runners have entered the field; The rise of pork stocks is similar. Although pork is still very cheap now, the runners are playing a game and the price will rise in the future.
Nowadays, the environment of this game is that some people rush at the bottom and others rush at the top. Short-term funds are easy to avoid high and low, which means that there is an upper limit on the speculation probability at this stage. It is impossible to include the expectation of a smooth rise in the future before the industry has reversed. Therefore, don’t be depressed if you don’t have a layout. There must be a callback opportunity for low absorption.
In short, the current market defense style is already very obvious, temporarily avoiding overvalued value, avoiding high growth, avoiding heavy institutional positions, and embracing undervalued value.
Once the market has formed a style, it is difficult to reverse in a short time. Just as the market has pursued growth tracks such as photovoltaic, lithium battery and new energy vehicles in the past two years, it has been rising for more than two years. At present, the varieties with undervalued value, steady growth and stagflation in the past two years have obviously formed an extremely obvious linkage style. So far, there is no sign of collapse.
Some friends may only recognize the new infrastructure and question the direction of the traditional infrastructure and think that the imagination is not enough, but DAGO thinks that we can ask some infrastructure friends around us to see what the current industry situation is. We also welcome friends to share.
Anyway, before there is no large-scale loss effect in infrastructure, finance and other sectors, the market will continue the previous undervalued and low-level style until this style reaches an extreme state.
