Chapter 206 Be careful, you only earn index but not money
Today, the market index is moving very hesitantly.
Coal, which skyrocketed in the early stage, and nonferrous metals, which were in the limelight a few days ago, seem to have begun to adjust.
Only theme stocks such as flying cars and consumer electronics were in the limelight. Seven or eight stocks hit their daily limit, which completely activated the ChiNext. The ChiNext Index directly broke through 1,900 points, setting a new high in several months.
Old Chen saw that the shipbuilding sector opened a little higher, so he wanted to wait a while.
Before I knew it, it was three o'clock in the afternoon and the market closed, but the two shipbuilding giants showed no signs of a pullback.
Looking back, the trading volume of the two markets actually increased and broke one trillion again. The Shanghai Composite Index also unexpectedly closed at 3084.93 points!
Pulling up the K-line chart of the Shanghai Composite Index, Lao Chen's heart trembled - this is the highest level of the Shanghai Composite Index since December last year!
Could it be that the Shanghai Composite Index is going to continue to move forward and break through 3100 points?!
Moreover, many of the coal and nonferrous metal stocks that had adjusted sharply in the morning unexpectedly closed higher at noon, and some stocks even set new recent highs.
For example, Hainan Rubber and the tin sector, especially Hainan Rubber, have seen two consecutive daily limit increases, with futures prices hitting the daily limit directly...
Is it possible that I can’t get on board in this round of market?
Old Chen's heart suddenly shuddered, and he groaned unconsciously, "No, no, I haven't entered the market yet, there's no way I'm going to miss out! There will definitely be a pullback, there will be a pullback!"
However, the more he said this, the less confident he felt.
It is said that the price rises amidst hesitation. Does this count as a rise amidst hesitation?
He had no idea and wanted to ask Xiao Bo, but he felt embarrassed to ask. After all, he had made up his mind yesterday to build a position today, but after watching the market all day, he didn't buy anything.
So he opened Xueqiu, Taoguba, Eastmoney.com, and started browsing financial forums.
No major news.
There is no good news and no bad news.
He breathed a sigh of relief, turned off his phone, and planned to go out for a walk to relax.
At this time, a post from a big V with more than 400,000 followers shocked him.
The post was titled: "The Shanghai Composite Index is approaching 3100 points, leaving a lot of money missing out..."
In addition to having a large number of fans and extraordinary knowledge, the key thing about this big V is that he is also a private equity manager. From his position, he can say such things, which means that a considerable amount of funds have been lost, including many institutions.
If the institutions have missed out, then there must be many retail investors who have missed out as well, right?
Sure enough, within a few hours of posting, more than a hundred people had already started discussing it, and the reply with the highest number of likes was: "Full warehouse and empty space +1",
The second most-liked post mocked the A-share market: "At this time last year, the Shanghai Composite Index was 3250 points and the Dow Jones Industrial Average was 32,000. Now the former is 3100 points and the latter is 39,000 points. Are you proud?"
The third most-liked post is: "The market is at 3100 points, my account is at 2700 points, those who are fully invested but missed out on the opportunity, please like this..."
Are there really so many people who missed out?
In the stock market, only a few people win. The more people who miss out, the greater the risk of missing out.
These replies made his heart skip a beat.
I couldn't help but think of the novel recommended by Xiao Bo. I vaguely remembered that the book said that such a situation happened between 2006 and 2007.
At that time, many people chose the wrong sectors and stocks, and ended up making only index profits but not real money, or even losing money instead of making any profit from the index. What's worse, the index soared but they themselves suffered huge losses.
I vaguely remember that the real estate industry, banking and insurance, as well as consumer blue-chip stocks such as liquor were the dominant sectors back then.
And now, it is indeed the case. If you choose strong cyclical stocks such as coal, oil, gold, nonferrous metals, and shipping, they have seen a huge and special rise since the end of last year. You can make money and drink, and set new highs.
But if you choose other sectors, it would be ok if you are lucky, at least you can keep up with the index.
But if you choose the wrong stock, the stock may only fall and not rise, and you may even lose money even if you only make the index profit.
Now, if it is true as that stock god said that we are now in a cycle of great inflation, does that mean this will be the case for some time in the future?
Choose the right sector and make money.
If you choose the wrong sector, you will have to drink soup or even get beaten?
No! I have to build a base position!
At least, I have a better idea in my mind.
Old Chen made up his mind again.
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