Very special stocks mainly refer to the Growth Enterprise Market in Shenzhen and the previous small and medium-sized stocks (although the code has been merged with the main board of Shenzhen, even the circulation has become a large-sized stock, but people still regard it as a small-sized stock in their habitual thinking and like to fry it), because for many years, hot money has been deeply rooted in Shenzhen, and they are used to speculating small and medium-sized stocks in Shenzhen.
The following are several cases of band target stocks recently shared.
Case 1: the trend of some small-cap stocks in the bottom area is opposite to that of the broader market.
Gather the chips in the bottom area for the first time. After the profit chips exceed 90%, wash the dishes by shaking and wash away the chips stuck on the top.
After several days of downward killing and washing, the stock price reached about 20% of the chip profit. After the cross star or xiaoyang line stabilized at the low position is collected, the locked chips above the chip-intensive area have been cleared, which has the technical conditions for upward pull.
Look at the fundamentals again: the performance of small-cap stocks is growing well.
Let's look at the correlation with the trend of the Shanghai Composite Index:
When the Shanghai Composite Index rose, small-cap stocks with hot money in the bottom region fell; When the Shanghai Composite Index fell, small-cap stocks with hot money in the bottom area rose.
Case 2: the trend of mid-cap stocks and large-cap stocks in some bottom regions is opposite to that of the broader market.
The tradable share of this stock is 2 billion. After the first concentration of chips in the bottom area, when the profit reached more than 90%, there were still 8% locked-up orders above, and then a wave of downward washing began.
When the locked chips above the main concentration peak of chips are close to zero, the dish washing effect of the falling band is finally achieved, and then a band that stops falling, stabilizes and rises is operated.
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Of course, when this requires deep-seated fundamental stock selection to grab the cows that have gone out of the independent trend, the cross between bulls and bears is not a problem. We need not only the knowledge of listed companies, but also good psychological quality. If it falls by 20% or 30%, can you hold on? This 20% or 30% may be the golden pit before the main rising wave rises, so the mentality is very important.
In fact, to be honest, most stocks follow the ups and downs of the market, so it is necessary for most stocks to act according to the face of the market. After all, the so-called market is actually a weighted average index composed of individual stocks, so the market is the system of most stocks. Now most stocks still depend on the trend of the market and the relationship between volume and price.
So to sum up, the title "Do stocks without looking at the market" only applies to a small number of stocks. There are several situations.
The first is a company that manages stocks or market value. In this case, you need to see if you have inside information, but most of them won't get inside information. The inside information that really reaches your ears is usually the so-called pig killing plate.
The second situation is the white horse stocks that span the bulls and bears, especially represented by liquor medicine and medical care, as well as some industry leaders. If you can buy and hold these blue chips firmly, you basically don't have to look at the market.
Yu Meimei replied: The market represents the overall investment environment, which is a very important indicator. Just like choosing a country to invest, no one will choose a country that is constantly in war, but a country that is peaceful and prosperous.
The overall stock market is harmonious and the market is relatively stable. With this premise, we dare to put money into this market. If the market is in chaos, we will try to avoid investment to keep the principal from being damaged.
The normal market is to look at the market index. Everyone looks at the market to operate individual stocks. The market trend represents the operation result of most people, which is the general trend. If you don't look at the general trend and operate in the opposite direction, it is simply a needle in a haystack to catch a stock that rises against the trend when the market plummets. Losses are inevitable.
The rise and fall of the market index reflects the trend of the whole stock market. The rise and fall of the market will affect the rise and fall of most stocks, and the direction of the market is the direction of individual stocks.
There are exceptions to everything. When the market is seriously distorted, the market index has completely lost the meaning of the direction goal, even if it is useless to look at the market. The market has the trend of the market, and individual stocks have the trend of individual stocks. There is a certain proportional relationship between them. In this special distorted market, you can really focus on individual stocks without looking at the market.
Some people compare the market to water and individual stocks to ships. To some extent, it makes sense that a rising tide lifts the boat, and the water retreats from the boat. More often, we can't speculate in individual stocks without a market. Generally speaking, to make money, we should follow the market to make stocks and follow the trend. This is the way to make money. Do it with your heart.
There are three market environments in the stock market: bull market, shock market and bear market; As can be seen from the chart, the market of A shares for more than 20 years is mostly a shock market and a bear market. According to statistics, the duration of A-share bull market is generally 1-2 years, and the bull-bear cycle is generally 8 years. In every bull market, the Shanghai Composite Index rose by more than 100%, while the bear market dropped by more than 50%, among which the bull market dropped by more than 30%, with the biggest drop of 7 1.98%.
There are also specific circumstances that can make stocks more important than the broader market, but in the long run, it must be logical! Be sure to have a big picture! Gann has been speculating in the market for 45 years. His theory focuses on studying and forecasting the market. He believes that the most important thing in stock trading is to follow the trend and never go against the trend.
1, when the wind comes, pigs can fly: the bull market or the index is rising. The key to this situation is the potential of individual stocks. The speculative atmosphere in the bull market is aggravated, which leads to the rapid rise of individual stocks, and the rise of individual stock prices drives the sector, which makes the market environment opportunities far outweigh the risks, even if the success rate of chasing up is high. The best way to make money is to stick to high-quality stocks. The mainstream sector will always rise alarmingly, and some stocks will rise several times or even dozens of times.
2, a bear market with endless eggs: there is no reason to kill the bear market, and the short position is the ancestor! In the face of such a market environment, not losing money is the biggest way to make money. No matter how strong the stock is, no matter how resistant it is, it will also make up for the plunge in the late bear market. If you ignore the market trend and operate against the trend, the outcome will be painful! For example, in the four-year bear market from 200 1 to 2004, how many shares of Zhuang collapsed!
3, shock market: divided into shocks on the way up and shocks on the way down; For example, for shocks on the way up, opportunities are mainly local or structural hotspots. In this environment, grasping the current hot spots is the first step to profit. There are several ways to judge hot spots: 1, the driving effect of hot spots on the market; 2. Plate effect, echo degree of plate effect and follow-up situation; 3. The starting time of plate hot spots; 4. Spatial depth and pressure level of leading stocks. If the breakthrough of leading stocks is small, it will easily affect the follow-up effect of the plate.
The shock on the way down is usually an arrangement of rebound and midway down. In this state, the position is light, avoiding Man Cang operation, and the contrarian stock position should not be overweight, so the contrarian winning rate is low.
In the King's 5.20 Rule, 20 antennas are the last stop-loss line. When the market is extremely weak, stocks that effectively fall below 20 antennas often lead to a sharp decline. Those stocks that effectively fall below 20 antennas should be eliminated according to discipline.
Looking at the market trend first is the skill and premise that every mature investor must have! I often say that timing is not as good as choosing stocks, but timing is the most difficult! But we can have a general understanding of the market and look at the position of the market by lengthening the cycle. The common fault of many investors is that they do individual stocks but ignore the whole market trend. Any main force needs to look at the market environment. The victory or defeat depends on the judgment of the general trend, market trends, those who follow it prosper, those who go against it die, and the stock market does not look at the trend, just like driving without looking at the road, making big money by looking at the general trend, making small money by looking at the small trend, and losing money by looking at the trend.
The prerequisite for the success of trend traders is to know how to follow the trend. Once the general trend is formed, there must be internal reasons for its persistence. This internal force is irresistible. Many people tend to make short-term trading long-term, that is, misjudge the trend of individual stocks and the general trend environment, which is prone to the embarrassing situation of "selling up" and "falling down"; The so-called long and short, judging the trend also takes a long time. It's not enough just to look at the daily line. To judge the weekly or monthly line, just do the upward trend and go up the mountain!
If there are imperfections, I hope to sum up more exchanges, and the content may not be reproduced without permission!
This view is also right and wrong. Among the schools of stock trading analysis, there is a trading school called index trading. Simply put, it is to rely on the judgment of the index trend to roughly infer the law of market operation, so as to choose individual stock trading according to the characteristics of the trend. This is a mainstream school of technical analysis at present, and it is also an acceptable way for most investors and retail investors. For example, before trading, you judge the trend of the stock index. You think there will be a five-day rebound, which means that the stock index will hit a low today and then rebound for five days. No matter how big the rebound is, at least in these five days, the trend of the stock index is upward.
If you have such a reference, then you can choose stocks according to the subject matter and make short-term trading in these five days. This is the general process of indexed trading. Just like participating in track and field competitions, the track is your indicator direction. Only by running along the track can you finish it in the shortest time and at the fastest speed. The market stock index is actually a collection of individual stock weights, representing the direction of more than 80% of individual stocks. Although some stocks run against the trend, they belong to a minority and cannot be used as a broad reference. Therefore, from this perspective, trading individual stocks without looking at the index is equivalent to participating in track and field competitions, and running casually without looking at the track will generally not achieve any good results.
But generally speaking, as investors, retail investors should pay attention to the analysis of the index, because the more accurate the analysis of the stock index, the lower the probability of our mistakes and the higher the success rate. Stock index analysis is our amulet.
This sentence is actually not completely correct!
Because A-shares still have individuality, most of the stocks are actually cyclical, and only a few stocks are value stocks. Therefore, if you choose, it is very important to distinguish the personality of the stock in your hand!
Simply put, the trend of the A-share market is the superposition of two forces: the stocks that contribute to the uphill and the stocks that contribute to the shock. The former's main investment group is value investors; The main participants of the latter are mainly cyclical investors. In fact, simply speaking, it is the difference between value stocks and cyclical stocks!
Since 2005, the annualized rate of return of A-share index is 1 1.9%, while the annualized rate of return of 1 leading stock portfolio selected by leading industries can reach 25.5%. The leading stocks in these leading industries are mostly value stocks in A-shares, accounting for 10% of the total market value of A-shares, and are representative companies that contribute to the upward slope. The remaining 90% stocks are cyclical, and the long-term compound rate of return is not obvious as the market cycle fluctuates greatly.
There is a saying that bull market is heavy and bear market is heavy, which means that in a bull market, the grasp of stock momentum is the key point, and fundamentals are not the most important at this stage. Concept hype is very popular in the bull market, most of the benefits will be amplified and the disadvantages will be reduced, so in the bull market, chickens and dogs will ascend to heaven.
In a bear market, quality needs to be emphasized, that is to say, in a bear market, grasping the fundamentals and the texture of individual stocks are the key points. Often the big blue chips and big white horses with strong fundamentals and excellent quality of individual stocks are the places where institutions, funds and other groups gather for warmth. In this cycle, the positive will decrease and the negative will enlarge, so in a bear market, most stocks will fall!
Summary for value stocks, the impact on the broader market is actually very small, but for cyclical stocks, the impact on the broader market is great!
Therefore, before making your own investment strategy, you must clearly understand and understand what kind of stock you choose! Don't treat value stocks as cyclical stocks, and you can't play value stocks according to the investment model of cyclical stocks! This will lead to the opposite result!
1, stock market investment pays attention to "potential", and this "potential" is the "potential" of the broader market first. Investors all know that it is difficult to lose money in a bull market, while almost everyone in a bear market will lose money, such as the 20 18 plunge, which is common sense. According to the statistics of Deng Zhong Company, 95% of investors are losing money, because most of the stocks fell last year, while the Shanghai Composite Index fell by 25% all the way. The market index is actually a concentrated reflection of the overall trend of the stock market. Therefore, it is very simple to follow the trend and make a profit from investment. It takes skill to make money against the trend, but for most people, it is impossible. So for stock investment, it will be much more difficult to invest without looking at the market.
2. Some people say that I am a value investor, I know this company completely, and I don't need to look at the market at all. At first glance, it seems reasonable. Because I study a company thoroughly and advocate value investment, I can buy it mindlessly or by fixed investment, without looking at the market. The reason is that the market has no reference value for me. This can't be said to be wrong, because in reality, some people do make money in this way, and those who can accurately judge and stick to it do have a good return on investment. For example, there are many such investors in Maotai, Vanke and Gree Electric.
However, even in this case, you need to look at the market, because looking at the market can help you understand the current valuation trend of the market, at least help you buy your favorite stocks in the most reasonable area, so that you can maximize your investment income, or maximize the security of your investment.
This sentence just reflects the importance of looking at the market. In fact, the premise of this sentence is to judge the market first and think that there is no big systemic risk in the market, so you can safely analyze and operate individual stocks, otherwise there will be no eggs under the nest. If there is a big risk in the market, most buying operations will lose money. Whether you are short-term, band or long-term style, it is not suitable for buying.
However, such traders are very few compared with retail investors.
Under the cover of the nest, does Ann have any eggs? This is probably the relationship between the market index and individual stocks. In principle, it is a glory and a loss.
In the era of registration system, with the substantial increase in the number of stocks, the constituent stocks of the market index are still the original ones, and the index has actually been distorted, and the reference value has been discounted.
My answer to this question is no, and I can't answer it with right or wrong. Stock trading is really about buying individual stocks, but sometimes you really need to look at the broader market, so you can't completely ignore market factors; Unless the market is distorted, it is really necessary to pay attention to individual stocks rather than the market in special periods, or even ignore the market trend.
The normal market must look at the market index.
The rise and fall of the market index reflects the trend of the whole stock market. The rise and fall of the market will affect the rise and fall of most stocks, and the direction of the market is the direction of individual stocks.
It can be inferred that under normal circumstances, the market trend is particularly important for individual stocks, so we must pay attention to the market, otherwise it will be completely ignored.
The most typical example is why when the market falls, many stocks will follow suit. On the contrary, when the market goes up, most stocks will go up, and the ups and downs will be synchronized.
For example, when the market rises sharply, most stocks are rising. At this time, there is a high probability of buying stocks and buying rising stocks. But when the market falls sharply, it is like looking for a needle in a haystack to catch a stock that has risen against the trend at this time.
Therefore, according to this speculation, the market index is the direction of the whole market, and it is very necessary to pay attention to the market in stock trading. Only by studying the direction of the market and selecting stocks according to the direction of the market will the stock trading be smoother and the probability of making money be high?
But if you only pay attention to individual stocks, no matter whether the market is up or down, it is good to look at individual stocks every day. This situation is easy to step on the wrong rhythm, and the probability of losing money in the stock market is very high.
Especially when there is a bear market, it is a miracle that the market does not pay attention to the continuous decline of the market and is still catching up with powerful stocks.
Distorting the market can focus on individual stocks, not the market.
Although the market index is the direction of the whole market, it is not the case in a special period. The direction of the market cannot represent the direction of individual stocks, and the rise and fall of the market cannot represent the rise and fall of individual stocks. This special market is when A shares are distorted.
When the stock market is seriously divided, when the index makes no money, or when the index loses, to put it bluntly, the market is rising and individual stocks are falling.
At this time, the market distortion is serious, and the market index has completely lost the significance of the direction target. When encountering this special distorted market, you can really focus on individual stocks without looking at the market.
Because when the A-share market is distorted, it is useless to look at the broader market. The market has the trend of the market, and individual stocks have the trend of individual stocks. The relationship between the two is out of proportion. In that case, why not pay attention to individual stocks and pay attention to individual stocks?
abstract
From the above analysis, we can draw a conclusion that there is no right or wrong in this view, and we only pay attention to individual stocks without looking at the market. The key is from which level to analyze, and different levels have different answers.
This view is generally not correct.
Individual stocks perform well, and no matter how high the company is, it can't be immune to the market trend.
As a barometer of economy, the stock market reflects the quality of economic environment. Of course, we can't say that the market accurately reflects the economic situation, but generally speaking, the ups and downs of the market fluctuate around the main line of economic fundamentals. If we lengthen our perspective and let time level off short-term fluctuations, then in the long run, the broad rise of the stock market is the speed of economic growth.
Although A-shares have been performing poorly, they have also grown exponentially since the opening under the impetus of economic growth.
The market can mainly reflect two aspects:
First, the economic environment is good or bad, the economic environment is good, everyone's profit expectations are good, enterprises invest more and make more profits, so the stock price will naturally rise. On the contrary, it will fall.
The second is investors' expectations of the market environment. If everyone's confidence is high, especially the PMI value is high, then there will be more investment and a good investment environment, and the stock price will rise.
The third is the monetary policy environment. The liquidity of money is high and the financing cost is low, so the stock price rises.
The fourth is political/policy support and support.
The relationship between individual stocks and the broader market is the same as that between the broader market and economic fundamentals. If there are fluctuations in the short term, it may not be completely controlled; However, the long-term ups and downs must fluctuate with the market. If the market goes up and down as a whole, individual stocks can't be immune to it.