2024-08-13
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Today's A-shares have shrunk again, and rose in the late trading, otherwise the trading volume would be only 450 billion yuan. The direction is still within expectations, double innovation, Beijing Stock Exchange, and Hong Kong stocks, which are currently the most cost-effective.
The stock market is different from ordinary jobs. Here you can earn several lifetimes’ worth of wealth in one year. Without such excess returns, how could anyone buy at a high price? As long as there is enough profit, everyone will be excited. Retail investors generally won’t chase unless the stock price rises 5-10 times.
Therefore, the current situation is to smash the market to create 5 to 10 times of upside. Currently, stock prices have almost fallen to the bottom, and a veteran investor with more than 10 years of experience cannot find many attractive chips. However, it gradually becomes clear that they did not smash the market enough before.
Shrinking volume! Low volume and low price, is A-share market about to change?
The volume shrank again, still less than 500 billion, but with funds to protect the market, Huijin once again increased its holdings of index funds. The effect was more obvious than before, and only a small amount of funds was used to significantly increase the market.
It is not difficult to make money in the stock market, and it is not difficult to lose money, but it is difficult to take away the profits. This is human nature. The more panic people have now, the more greedy they will be in the future. Don't overestimate yourself, I am already a seasoned expert.