There are no waves in the years, and there is peace everywhere.
Hello everyone, I am a scholar and a scholar. On December 25, the first low rebounded, and the whole line closed in the red, with a turnover of 608.1 billion yuan in Shanghai and Shenzhen throughout the day.
2023 is coming to an end, and the overall performance of A-shares is not satisfactory. Up to now, the Shanghai Composite Index has accumulated **552%, SZSE Component Index**1597%, the GEM index fell 2195%, the CSI 300 index fell 1354%。It is a common feeling that investment is too difficult.
Today, everyone is basically in a wait-and-see mood, and secondly, because the northbound funds are suspended, so the full-day turnover of the two cities is only 600 billion. **There is not much to say, the hot spots are scattered and there is no main line.
The positive signal is that the weather vane, which represents the core assets of A-shares, has taken the lead in showing signs of bottoming. The SSE 50-day and the CSI 300-day ** have been golden crosses, and if they can really stand firm and expand, they will not be far away.
The SSE 50 and CSI 300 have fallen to near their lowest ever-time valuations. 2023 is coming to an end, and the trend of the market has once again verified that ** is a barometer of the economy. Next year is more optimistic about white horse blue chips.
I still hold Kechuang 100, Changdian, and LONGi. Now the market is overly pessimistic about the economy, and most of the bottom will have a single-day long white line.
2. Stay up
This year, the biggest test is not only the endless ups and downs, but also the psychological gap compared with the external market that continues to hit new highs.
Looking back at history, this has happened before. For example, in 2018, the Shenzhen Component Index has been falling, while the S&P 500 has been **. After September 21, the S&P 500 Rapid ** and the Shenzhen Component Index maintained **, with little decline.
Since 2019, the SZSE Component Index has been synchronized with the S&P 500**.
What's even more outrageous is that from 2011 to 2015, the S&P 500 has been unilateral**, with almost no retracement, while the Shenzhen Component Index has not risen, lagging behind for more than 4 years, and then began to soar in 2015.
Looking back at history, we can see that A-shares are a highly volatile market, always rising to the point of driving you crazy and falling to the point where you doubt your life. Valuations go back and forth between being extremely overvalued and extremely undervalued.
All the pessimism we have now, there have been in history, and it's not a big deal. As long as you are patient, you can always buy chips at an extremely cheap **. Remember, how painful it is to eat meat.
3. History of A-shares
The Shanghai Stock Exchange was established, and the index was initially 100 points. In 1991, ** soared by 129%, and then opened a 10-year bull market.
By 2001, although there were ups and downs in the middle, the highest rose to 2,245 points, an increase of 22 times in 10 years. This is the real ** decade, which has given birth to countless myths of getting rich.
2. After 10 years of sharp rise, the next 4 years will be the darkest. From 2001 to 2005, the index fell from 2245 points all the way to 998 points, and the famous Delong system collapsed during this period, when investors strongly called for the ** to be overturned and restarted.
3. After 4 years of darkness, it is the second round of crazy super bull market. From 2005 to 2007, the index skyrocketed from 1,000 points to 6,124 points, a six-fold increase
At that time, the shareholders were crazy, no matter how they suppressed and warned about the risk, no one listened, ** it was up.
4. You have to pay it back sooner or later, how cool it is to eat meat, and how painful it is to be beaten. After the crazy bull market, there was a super stock market crash, which plummeted from 6124 to 1664. Although there was a big rise in 2009 because of the stimulus of 4 trillion yuan, it was still a long period of decline until 2014.
Then came the big bull market of 2015, then the stock market crash, and then the 2016-2017 blue chip stocks. Later, as everyone knows, there is no need to talk about it.
Seeing this, I believe you can make the right choice.
Behind the madness of the market is the embodiment of human nature, which always oscillates between greed and fear, and has not changed for hundreds of years. It's just that fewer people buy when it's low, and more people buy when it's high.
I am a scholar, a person who has been focusing on ** for 15 years, if you like it, remember to like and [follow], give people roses with a lingering fragrance, see you tomorrow, good night.
Author: Scholar Shares Compound Interest