Good for the market to fall? Many people wailed, feeling that except for the special estimate, everything else was falling. Actually, I think it's a good thing. The return of the market to rationality is the embodiment of value investment. The CSI 300 is underestimated. The current valuation on the profit side is only 10 times, and the valuation on the asset side is 12 times, the overall dividend yield is 344%。This is a record low valuation and high dividend. If it rises by another 50%, it is not too high. The CSI 1000 is a different story. The valuation of the profit side is 31 times, and the valuation of the asset side is 18 times, the overall dividend yield is only 144%。Compared with the CSI 300, even if it falls by half, its valuation and dividend are not attractive. At present, there is a serious differentiation in the a** field. Sooner or later, the undervalued will rise, and the overvalued will fall sooner or later, which is the process of value return. Some people who hold small and medium-sized enterprises complain when they see the stock price, thinking that the CSI 300 is bloodsucking. In fact, this is a typical speculative mentality. Looking back at the aftermath of the stock market crash in 2015, the market generally looked down on the big stench of low valuation and high dividends at that time. But a few years later, these ** became the market leaders. This time, I believe that the path to a return to the value of low valuations and high dividends will also be tortuous but firm. And a large number of overvalued small and medium-sized start-ups**, many may become zombie stocks in the future. After the registration system, **increased, but the good ** is still pitiful. Yesterday, the state-owned assets W issued new regulations, requiring listed companies to carry out market value management. While some people think this will exacerbate the special valuation**, I think this is just the beginning. In order to manage market capitalization, listed companies will inevitably take measures to improve performance and transparency. This will be a long-term positive for the market. Overall, the market is returning to rationality. As long as we stick to value investing, I believe that everything will be fine in the future. Watchtower Market Direction Timing System 20241.30thThe three major indexes of A-shares fell sharply, with a trading volume of 663.7 billion yuan in the whole market today, a sharp contraction of 141.5 billion yuan in trading volume, and the Shenzhen Stock Exchange Component Index and the ChiNext Index fell by more than 2%, and more than 5,000 stocks in the two cities After a few consecutive days, the market once again chose to continue the downward trend today. Several of these indices hit new lows in recent times. The major indices we pay attention to, the average stock price and ChiNext Index, the Shanghai Composite Index, the Shenzhen Composite Index, the CSI 500, and the STAR 50, are in a short, medium and long-term downward trend. The weekend was good, but on Monday, the second market was **. The Growth Enterprise Market and the Science and Technology Innovation Board fell sharply, ** tragically. ** Investments are not returning, and the market is fragile and structural. With the exception of a few sectors**, most sectors performed in the doldrums. Northbound funds flowed in when the market plummeted, triggering speculation. It is recommended to allocate high-dividend stocks to hold stocks to receive dividends to cope with possible market fluctuations.
Let's take a look at the big events happening in the market today:
One, Tesla builds a dojo computer again! Tesla plans to spend billions of dollars on NVIDIA chips to build Dojo computers powered by NVIDIA AI GPUs to accelerate AI development. The DOJO is the key to Tesla's self-driving initiative, which aims to meet the goal of "full self-driving". Tesla will also use AMD chips to close the gap with NVIDIA.
Second, Amazon's acquisition officially collapsed irobot will lay off 3% of its employees.
Amazon has terminated its plan to acquire robot vacuum cleaner iRobot due to opposition from the European Union's antitrust regulator. iRobot announced that it will lay off 31% of its workforce and that its chairman and CEO, Colin Angle, will resign. 
Third, the first high-end version of Xiaomi Automobile's insurance price reached 360,000 yuan; The final price is speculated to be expected to be 25-370,000 yuan, and Xiaomi Auto has not yet responded to this news. Fourth, Shanghai has optimized the purchase restriction policy, and non-Shanghai residents who have paid social insurance for 5 years can purchase 1 house outside the outer ring from January 31, and non-residents with household registration who have paid social insurance or individual income tax in the city for 5 years or more can purchase 1 house in areas outside the outer ring (except Chongming District). This policy adjustment aims to better meet the reasonable housing needs of residents, promote regional job-housing balance, and integrate industry and city. Five, suddenly! The expectation of interest rate cut has strengthened again, how should A-shares respond? At present, the A** field is facing some challenges and uncertainties. Investors need to pay attention to factors such as the impact of the Chinese prefix on the market, the trend of the bond market, changes in the surrounding situation, and the state of market confidence in order to make informed investment decisions. Sixth, cross-border ETFs with high premiums are not sustainable, and a number of cross-border ETF products have issued premium risk warnings, including E Fund MSCI US 50 ETF, Huaxia Nomura Nikkei 225 ETF and Wells Fargo Nasdaq 100 ETF. The reason is that the secondary market is active and there are a large number of investors**. However, high premiums are risky, and investors need to make rational decisions. Seventh, the big news of the Suzhou property marketSuzhou City has cancelled the qualification review of new houses and second-hand houses, and the new house sales restriction policy is still two years. Previously, Suzhou has released restrictions on the purchase of commercial houses of more than 120 square meters. Suzhou is one of the two megacities in Jiangsu Province, and the Ministry of Housing and Urban-Rural Development has proposed that each city can adjust its real estate policies according to local conditions. Guangzhou has lifted the purchase restriction on housing of more than 120 square meters, and supports rent-one-buy-one. 
8. Triggered by the unsettled lending of restricted shares? After the release of the new rules on securities lending, there are concerns that the lending of restricted shares will affect the market. However, after multiple verifications, it was found that this effect was weak. There are three reasons: small scale, scattered structure, and control of the selling price of securities lending. On January 29, there was no increase in the amount of securities borrowing and selling, and the impact on the market was limited. List of high-quality authors