Today, the stock indexes of the two cities opened low in the middle and rose slightly. After 9:57, there was a wave of rapid decline. After seeing the lowest point of the whole day at 10:27, they continued to rise until noon; The inertia of the stock index rose in the afternoon and fell slowly after 13:30; Disk hot spots: lithium extraction from Salt Lake, lithium mine, underground pipe network, wind and sand control, water conservancy construction, geothermal energy, combustible ice, hydrogen energy, steel, environmental protection, public transportation and other sectors performed strongly; Generally speaking, today's market presents a situation of first restraining and then rising.
For the judgment of A-share market in 2022, Fan Bo of Xiangcai securities wrote the viewpoint of "fighting for A-share in 2022, you need to continue to wear bulletproof jacket" on the last day of 2021. There are two key words: bulletproof jacket and continue. The first keyword "bulletproof clothing" refers to the strategic model of low, undervalued and greatly increased varieties of performance we talked about last year. These three elements are indispensable. With these three elements, you will not be tossed to death by the market. The second keyword "continue" means that there will be a structural market in 2022 and in the future, so this strategy must continue to be strictly implemented. You can say that this is a belief, but it is more about following the trend after the change of market ecology.
As for the fluctuation at the micro level of the index, there is no need to tangle too much, because the index has long been distorted and a consensus has been formed. This phenomenon has been recognized and accepted by most people or institutional funds, so it will not affect their long behavior of continuously mining hot spots. The direct result of the operation after this consensus is that when the market rises sharply, your stock is not a hot spot or the direction preferred by funds, and the probability will also fall, fall, or even plummet. When the market falls or falls sharply, there is still a full screen limit board. This is the biggest feature of the structured market. You must adapt as soon as possible.
Looking at today's disk performance, the market appeared to restrain first and then rise. It rebounded steadily after falling rapidly in the morning. However, the daily limit of the two cities increased to nearly 100, twice as high as yesterday, and the profit-making effect increased violently. Once again, the market was adjusted, but the sharp rise of some individual stocks was incisively and vividly interpreted. Therefore, we still have to continue to emphasize: weakening the index, weakening the index and focusing on the structural market.
To sum up: the capital market is a place that constantly creates new stories. The probability of last year's hot plate will not become the mainstream of this year, and more valuations will return. Therefore, this year's investment direction must pay attention to this important feature and avoid the direction fried last year. The metabolism of new and old and the replacement of old and new are historical laws, not just the stock market.
(Xiangcai securities)
