Bull market to come which plate is the best?

Every round of bull market, will have its own main line, but in essence, never once the main line is the brokerage.

The future of the market, there will no longer be a bull market to invest in the brokerage said, the brokerage is also difficult to have a particularly good performance.

The brokerage although can still play the role of the bull market flag bearer, is a signal, a sign.

But the brokerage firms that are raising the flag may just be individual stocks and no longer a sector.

The so-called bull market up brokerage logic, in fact, only because of the bull market brokerage performance will be better.

With the acceleration of the process of institutionalization of retail investors, the brokerage business income, there has long been a structural change, the bull market brokerage is not big up is also reasonable.

Putting aside the brokerage, talk about the main line of the market.

06-07 the main line of the market is scarce resources, is colored.

The main line of the market in 2009, is the valuation repair after the overshoot.

14-15 years of the main line of the market is 5G, is technology, is smart wear, is the gem.

The main line of the market in 2017 is the super tier 1 blue chips, banks and insurance real estate.

The main line of the market in 2020 is pharmaceuticals is white wine, is white horse, is consumption.

What will be the main line of the market in 2021-2025?

If it is not the main line of the market, then the bull market has a certainty that the plate will rise?

Blue chips, stocks that are sure to rise in a bull market

The one category of stocks that are sure to rise in a bull market are blue chips, that is, stocks that have good performance and good growth.

Many people would counter that these stocks with good performance will go up regardless of bulls and bears.

But the reality is that Moutai is still falling when it should.

You look at the 08 crash, look at the 16 meltdown, the white horse stocks under the nest is also down.

So, blue chips are not bound to go up every year, but they are bound to go up in a bull market.

As for the logic behind it, it is actually that there is a part of the capital that favors this part of the stock, and will definitely hold this group of stocks in a bull market, thus pushing up the stock price.

But one thing is that many people get the concept of blue chips wrong.

The so-called blue chips are not just about good performance and high net profit, but also about the growth rate of performance, or growth.

Day after day, year after year, keep the original performance of the enterprise, in the bull market performance, often unsatisfactory.

So these kinds of stocks, in fact, are pseudo blue chips, not blue chips in the true sense.

If this is mistaken, then the money that can inevitably be made in this bull market will not be made.

What blue chips do not rise, have to speculate on the issue of stocks, are false, blue chips in the bull market must be the main attack force.

Only as ordinary stockholders, need to recognize what is the real blue chips.

Blue chip stocks rise, perhaps not overnight, not a wave, but it must be the future can be expected, is the mainstream trend, is the general trend.

Layout growth is investment, one of the most worthwhile thing to do.

High-end manufacturing, the future of the main line of the market

Fang said that every round of bull market has the main line of the market, then this round of the bull market, or the future of the bull market, what is the main line?

The answer is actually high-end manufacturing.

Of course, the high-end manufacturing of the four words behind, involving various industries, military, photovoltaic, chips, new energy vehicles, pharmaceuticals, biological, mechanical and so on.

High-end manufacturing is a general concept.

Behind this pan-concept, those who dominate the oligopoly, or unicorns, is that we are really chasing the main line of the market.

The so-called main line of the market, in fact, is the source of attracting funds into the market, is the direction of the funds chasing.

Money enters the market because of the main line of the market, and rolls in the market, the main line of high-quality stocks, will also get a relatively higher premium, have a better performance.

High-end manufacturing is the main line of the future market, because the country needs high-end manufacturing, high-end manufacturing in the next few years, there will also be a booming development.

It is because of the capital for high-end manufacturing bullish, so to the quality of these industries in the stock, high enough premium, and waiting for these stocks performance to be realized.

Why do you say that this type of business is the main line of the future market, just because it is the will of the country?

Not really, but essentially because of market demand.

Take the chip, China is too short of core, the current market demand, is five times the supply.

That is to say, these semiconductor manufacturers, the capacity to increase five times, is also in short supply.

Five-fold increase in revenue, what about net profit? What about stock prices?

And then there's the highly sophisticated medical equipment, specialty drugs, etc., which are now extremely dependent on imports.

Behind the dependence on imports, in fact, the same market demand, as long as they can be manufactured to meet the standards, is the profit.

These high-end manufacturing behind, is a large number of market demand, it can be said that these companies are now entering the money printing mode.

And the biggest problem lies in the bottleneck of technology, the bottleneck of production capacity, which limits the speed and efficiency of printing money.

It is also because of the technology and production capacity problems, making these enterprises more worthy of our expectations, more worthy of time to verify, more money to chase, become the main line of the future.

No one will refuse to invest in a potential money printing machine.

Registration system, the future of the main line of the market

Many people may not have realized that the registration system, is the main line of the future.

Why the rush to implement the registration system, to some of the original does not meet the listing standards of the enterprise green channel.

The reason is simple.

These companies are in urgent need of financing, in urgent need of increasing influence in the secondary market, in urgent need of expansion can not wait.

This indicates that there must be a large number of high-quality companies in this group of enterprises, which are important pieces of the country's future puzzle.

Many high-quality enterprises, in the primary market, no financing, not willing to finance the capital kidnapped, but also do not want to carry a high amount of borrowing debt, the development of the speed will be slowed down.

And the secondary market is the best place, not only can financing, the involvement of institutional capital is also purely financial investors, can not influence the decision-making of enterprises.

That's why the country is trying to get the registration system off the ground quickly.

But then why not speed up the process of registration system, but strict audit?

The reason is equally simple, because it doesn't want the market to lose confidence in these eagles that are waiting to be fed.

Financial counterfeiting, the performance of the face of the situation, in this batch of registration system companies, although not guarantee that there is no, but must be few and far between.

Registration system a clean, give registration system a good piece of land, is imperative.

This also determines that, under the registration system, the current is indeed a number of quality high-growth enterprises listed.

Their development, unlimited.

While I can't say that each of them is like a black horse galloping, but it will certainly run out of a lot of black horses and white horses.

In addition, the registration system listed companies, many of which are science and innovation board, the market participation threshold is higher, almost all institutional investors to participate.

This is also the decision of this plate, very potential to become the target of the capital group chase, become the main line of the future market.

Only unfortunately, those enterprises under the registration system, the participation threshold is higher, many retail investors do not have the qualification of deep participation, can only borrow the relevant funds, do some small participation.

Traditional businesses have a chance in the future?

The answer is yes.

But it will be difficult for traditional companies to enjoy high premiums anymore because high growth will no longer exist.

Talking in terms of performance may be the best way to summarize and evaluate the future of this group of traditional enterprises.

Traditional companies are not saying that there is no opportunity for high growth, many can expand within the industry, through technological capabilities, to capture market share and expand revenue.

Nowadays, the global integration, outside the market is so big, also can let many enterprises to seize the market share, realize the expansion of the enterprise map.

Only for these traditional enterprises, there must be both challenges and opportunities.

Because the wind is not there, it is difficult for pigs to fly again, and only eagles have a chance.

In fact, it is the loose monetary environment that provides a hotbed for the main line of the board.

The quotes of the mainline sectors drove the overall quotes and gave birth to the bull market.

The brokerage sector is just a little more sensitive to the market, to a certain extent, played the bull market weathervane, but not the real main line of the bull market.

Investment, is uncertainty, if the investment is certainty, then no one lost money.

For the grasp of the market, for the grasp of the main line, also depends on the ability of investors and prediction.

Even if the bull market must rise brokerage, then is not a bull market, the bull market has not come, also need to judge.

In the face of investment, more calm, more thinking and research, looking for certainty in the uncertainty, is what we have to do for each investor.