Chapter 293 Going to Deep Water to Fish
Yesterday's news:
1. The EU cut interest rates as expected.
The European Union cut interest rates by 25 basis points for the first time in five years yesterday, in line with market expectations. After rising sharply, commodity prices began to gradually fall.
The next pressure is placed on the Americans.
I don't know when the interest rate will be cut there.
I guess it will be during the general election in the second half of the year.
2. The White House issued a joint statement from multiple countries, demanding that Hamas immediately accept the ceasefire agreement.
It’s the same old routine again, but unfortunately, times have changed.
Back then, the Americans did the same thing in the South China Sea. They gathered a bunch of little brothers, shouted boldly, and made some ridiculous statements, hoping to make us back down with their mouths.
They are too naive and too arrogant. Some of them only care about food and not about beatings.
I don’t know, is truth within the range of cannons?
What you can’t get on the battlefield, you can’t get with your mouth alone.
This time, they are using the same old trick again, trying to use public opinion to suppress Hamas from accepting the ceasefire agreement.
Simple-minded people think this is a good thing, but if you think about it carefully, you will realize that this ceasefire agreement was made unilaterally by them without listening to the opinions of Hamas at all, so of course it is doomed to fail.
At the same time, Israel gathered on the Syrian border again, and the Houthis launched missiles to attack Israeli ports.
It seems that as the war in Europe escalates, the fierce fighting in the Middle East is also showing signs of escalating, resulting in continued chaos in oil prices and shipping route prices.
3. The China-Kyrgyzstan-Uzbekistan railway was signed, and the construction of the Dechong Phu Nan Canal in Cambodia will start in August.
The Belt and Road Initiative is advancing continuously and steadily.
4. Tianfeng Securities hit the limit down;
It is rumored online that commercial banks are not allowed to sell private placements;
It is rumored online that annual salaries exceeding 3 million yuan in the public offering industry after 2019 may be retroactively refunded.
A few days ago, China Merchants Bank proposed: "Resolutely break the 'exceptionalism', 'elitism' and 'specialism'."
It seems that the supply-side reform in the financial sector is entering deep waters, and no one can escape, from securities companies to fund companies to banks.
That is why, although I am optimistic about the overall market, I dare not get involved in the securities sector, for fear of stepping on a landmine by accident.
5. ZJH discusses new delisting regulations.
The delisting ecosystem in the market has begun to undergo in-depth reforms from "all companies that should be delisted should be delisted" to "all companies that have already been delisted should not be delisted". In the future, the intensity of accountability should be increased.
Today's market:
Today, the Shanghai Composite Index continued its downward trend. After opening at 3053.92 points, it began to move downward again.
During the trading session, strong cyclical stocks performed strongly, while other sectors were lifeless and did not arouse any interest at all.
Could it be that everyone celebrates the Dragon Boat Festival in advance?
So, in order to celebrate the festival with everyone, the stock market has wrapped a green leaf for everyone?
Joke.
The market has not performed well in the past few days, but it is very healthy. What should fall should fall, and what should rise should rise.
Good.
rest assured.
Q&A with stockholders:
1. "Chen Xiaotian":
I checked, and the solar cycle is 10.5 years. Bro, are you suggesting something about these solar flares?
Many famous investors have studied this issue.
There's a reason why economic cycles and solar cycles are so closely linked.
After all, everything grows with the help of the sun.
Any slight change in solar activity will cause huge waves on Earth. The extreme example is the little ice age and warm period that have occurred in history.
There are also investors who combine economic cycles and solar activity cycles for research. There is a book on this subject: "Sunspot Economics". You can take a look at it when you have time.
It has great reference significance.
2. "Cesar who loves the sea red":
Damn it, the stocks I picked were all good, but they kept going up after I sold them, such as China Yangtze Power and China COSCO Shipping. I would buy them but not sell them.
I guess you must regret it after selling it, but there is no need to regret it.
Because, I have always said that investment is the monetization of cognition. The more cognition you have, the more wealth you will have.
The reason why the stocks you choose have good performance is because you have a good understanding of the situation, so you have made the right choice.
Similarly, why don’t you sell? It’s also because you don’t have enough knowledge, so the moment you sell, you lose everything.
Very normal.
Keep a normal mind and work hard to improve your cognitive level.
"Zhou Li from the Old City": What do you think of the stocks of the Beijing Stock Exchange? Is it the bottom now?
Before, when the market had just opened and needed to warm up, IPOs were a good arbitrage method.
However, now that regulations are becoming increasingly strict, it is becoming difficult to do so.
Objectively speaking, it is just a marginal market with poor liquidity, few leeks and few sickles.
I suggest that if you want to catch fish and catch more fish, you should go to places where the water is deep and there are many fish.
"Chen Xiaotian":
I have a few quibbles about the hog cycle: 1. Production capacity has been partially cleared, but it doesn't seem to be completely cleared. 2. Prices don't seem to be driven by demand, but rather by a passive increase. 3. There's no sense of despair at the low point.
I mainly feel that the third point is a little lacking in emotion.
I have always firmly believed that no matter what industry or what stock, there will be cycles. There will be rises and falls, and there will be sharp rises and sharp falls, and vice versa.
Therefore, I feel that this round of "pig cycle" is still a little lacking.
It's almost Qingming Festival, and everyone's heart is flying to the weekend. The market is also quite boring. I almost fell asleep while writing.
Fellow stockholders, if you have time, please click on the reminder button and get a free copy of "Generate Power for Love".
Your support is my motivation to update.
The A-share market will be closed for three days during the Dragon Boat Festival, so I will also take a few days off. See you after the holiday.
Continue read on readnovelmtl.com
