The market adjustment was relatively large today, with more than 3,900 stocks falling in the two cities, a rare adjustment in recent times.
The main decliners were automobiles, wind power equipment, photovoltaic and other competitive stocks. The real estate industry was an eye-opener today.
I can’t figure out the reason anyway. I feel like it’s just that it’s gone up too much and people are making money, so I can’t ask others not to sell it.
As for the next step, I think we still need to make a distinction, mainly between automobiles and photovoltaics.
The trend of the entire automotive sector is somewhat similar to the trend of the ETC sector when ETC was promoted in 2019. Once it goes up, there is only one word: fast.
is like Changan , more than three times the price from the low point, what else do you want to do? But if you say it's just hype, I don't think it's entirely right. With policy support, the automobile industry's prosperity this year is indeed high. Now it's just a bit overdrafted. We may have to wait and see for the results.
In addition, like photovoltaics, the industry chain is very long and the prosperity is very high. The disadvantage is that it is prone to involution. Not only is there involution in the profit distribution of the industry, but even in the trend of the secondary market, there will often be a sudden strengthening of a certain link. At this time, funds will be concentrated in this link, which will have a negative impact on other parts of the industry chain. The blood-drawing effect of stocks and is very obvious. For example, the recent HJT battery has not seen large-scale mass production at all, and the performance contribution rate cannot be seen at all, but there are always smart people trying to fight against it.
In today's market conditions, even silicon materials with no problems in mid-term reports will still fall.
will soon enter the reporting season in mid-July. Whether it is a mule or a horse, it has to be pulled out, and the trend of individual stocks will then diverge.
A single-day rise or fall like this is actually of little significance to analyze. There are rises and falls. This is the basics of the market. Instead of predicting the rise and fall of the market, it is better to carefully evaluate the recent rise of the target in hand. Is it more from the upward revision of performance expectations, or is it catalyzed by news events.
Finally, don’t imagine that all the benefits will be yours. It’s not realistic to have high flexibility in track stocks, but also to be old white horses like real estate and consumption. Just like Lin Daiyu and Xue Baochai , each has its own charm, and it is impossible to have them all.
That’s all, I am Shi’an!
