Due to the collective collapse of the index on Thursday, funds fell into the hot search again. Christians lamented, "I was so arrogant before the year, but I will be so sad after the year." This has become a true reflection of the hearts of investors.
It seems that buying funds cannot escape the fate of leeks. Stocks can also be sold high and bought low. How can funds unwind? To use the words of netizens to describe it, it is either "bearing the pain to cut off the flesh" or "making friends with time".
How miserable are the stock investors and citizens after the holiday? Let me show you some data.
The ChiNext Index fell by more than 16% from its high, the Shenzhen Component Index fell by 10% from its high, and the Shanghai Stock Exchange Index fell by 5% from its high. The Shanghai Composite Index was relatively resilient.
After the holiday, Kweichow Moutai fell by 22% cumulatively, and its market value evaporated by 7 billion yuan, which is equivalent to the Ningde era.
The bull market that lasted for two years from 19 to 2020 started with Moutai. Will it end with Moutai in 21?
Other "mao" companies also collectively fell by more than 20%! Arowana fell by 30%, Mindray Medical fell by 22%, WuXi AppTec fell by 25%, CATL fell by 21%, BYD fell by 25%, Haitian Flavors fell by 20%, Luzhou Laojiao fell by 31%, Aier Ophthalmology fell by 30%...
This kind of decline is already a stock market crash. At this position, fund managers should consider how to protect the market. Christians have begun collective stop-loss redemptions. If no one sees hope, the room for decline is really unimaginable.
Although high-end stocks fell into a stock market crash, low-end sectors such as cyclical stocks and real estate are ushering in spring. The Shenwan Iron and Steel Industry rose by 19% cumulatively, leading the gains of all major sectors. Extraction, real estate, public utilities, textiles and clothing, and construction decoration all saw relatively objective increases.
On the contrary, food and beverage, electrical equipment, and pharmaceutical biology, which have continued to outperform the index in the past two years, experienced overall post-holiday declines of 18%, 13%, and 11% respectively.
The A-share market after the holiday is really "heaven" on one side and "hell" on the other!
But think about it, isn’t it the same before the holidays? High-cap stocks continue to hit new highs, while low-cap stocks are being rubbed against the ground. Now the roles are reversed, but obviously the crash of high-cap stocks is more terrifying.
A little advice on the market outlook, not as an investment basis.
Short-term carbon neutrality, rare earth, steel, coal and other theme stocks are still better than white horse stocks, but if you are not on the bus, the value of buying them now is not much, and people are almost getting off at the station.
In short, in the current market, if you have a position, continue to wait and see and wait for opportunities; if you have cyclical stocks in your hand, congratulations, you will not only avoid a big drop, but you will also be able to find opportunities to enter the market at low prices in the future.
It is difficult, very difficult to hold white horse stocks in the short term. There is a process of emotional bottoming out. I can only use one sentence to encourage you to "be friends with time".
As the saying goes, "Wealth cannot come from the door of urgency." Sometimes, the more anxious you are, the more anxious you are, which will affect your judgment. Therefore, you should eat, sleep, and life must go on.