Who won the "Core Rate" of the "Race Rate" war?——Doda Investment Notes

Source: WeChat public account "Daida" (WeChat public account ID: daoda1997)

When visiting the communication platform on the weekend, I felt very fun to see some posts, and I wanted to share it with my friends.

In the previous article, I mentioned that a big man continuously copied Tencent Holdings. Now Tencent Holdings's stock price has reached a new low at the stage, and there is also a pile of posts on the Internet. The angle of spray can be said to be a variety of, and some even mention the "stock god" Buffett.

how to say? On the weekend, many friends must know about Buffett, and many friends also know that the real "stock god" is not good. Berkshire Hathaway, a subsidiary of the stock god Buffett, announced the second quarter of the 2022 financial report. The losses in the second quarter were equivalent to nearly 300 billion yuan.

Judging from the financial report alone, Berkshire Hathaway has such a big loss, which is really surprising. However, the financial report is lagging behind. From the end of the second quarter to the present, it has been more than a month. I have seen Apple, the largest heavy warehouse stock company in Buffett. It has rebounded more than 20%in this time of more than a month. , A lot of blood returned.

How to evaluate the posts that criticize the big guys? Da Ge thinks that this still involves the problem of personal investment under the logic. Many people claim that they are value investors, and once the callback time and range exceed their own limit, they will stand on the opposite side of value investment. These In fact, none of them can be regarded as real value investors.

In addition, the amount of funds is different, and the idea of ​​investment is completely different. Many small funds are pursuing rapid returns, with small and big big; large funds are pursuing the stability of assets, realizing the value preservation and value, even if there is a small loss, it can be fully accepted.

To understand it from another angle, with small and small funds, it may be friends of market emotions; and big funds will choose to be friends who do time. Of course, the size of the funds here is relative to individual.

Dago is not a value investor, but he never denys other investment styles, because behind each investment style is different underlying logic. It is not objective to stand on your own stand to evaluate others. The market is not only a way to invest in one way to make money, but also value investment may not be suitable for everyone.

Come back to talk about A shares. Today, the market has gone steadily as a whole, and the Shanghai Stock Exchange Index has maintained slowly in a small range, and the pattern of the entire market has not changed. However, individual stocks are still very active. It is a day when it is a small ticket and track. The mid -digits of the rise and fall of individual stocks in Shanghai and Shenzhen are rising by 0.85%. I wonder if friends have won the market today? Welcome everyone to leave a message in the comment area.

On the disk, the relevant sectors of the automotive industry chain have risen collectively, and the track stocks such as photovoltaic and energy storage have recovered. This is a feeling of being beaten. Yesterday, I watched the power equipment sector index. Like the Shanghai Stock Exchange Index, I made a small -level box shock. This is actually a trend structure of up and down, but Dago subjectively believes that the probability of going down is a bit greater. Fortunately, sometimes the market is reminded to look at the market more objectively.

In fact, the strengthening of the track stocks can be seen within five minutes of the opening today. A sharply open and down, the other is low, and the two are carried out at the same time. The information transmitted by this disk should be very obvious. Just like the plate surface last Friday, the UHV opened down and smashed down, and the semiconductor rushed up.

To go deeper, the weakening of the semiconductor sector today can be seen from the collection bidding. The intensity of the entire domestic alternative theme last Friday was very strong. As a result, during the gathering stage of the auction today, there was only one high -bidding Danggang stock on the daily limit. Various lows. It is destined to be lower than expected today in the semiconductor sector.

However, this is not a bad thing. The semiconductor sector has already accelerated, and it is not necessarily a good thing to accelerate here. Differentiated after the climax, this is always the case in the A -share market. As long as there is no continuous fell in the next few days, this sector will be difficult to end.

From today's short -term emotions, semiconductors and new energy have a "opposition", and the seesaw effect is obvious. The market weekends are blowing the "core rate", and as a result, the market has become a "match rate" today. This duel is very interesting. Who will win the "core rate" VS "match rate"? The result may not be seen a day, the key depends on the ending of the next few days.

Based on today's market, Da Ge thinks that the main points are mainly the following:

First of all, the pattern of the Shanghai Stock Exchange Index has not changed. At present, the location of the Shanghai Stock Exchange Index remains at the upper edge of the 5 -minute box, and has no fundamental change for the entire structure. The better phenomenon is that the Shanghai Stock Exchange Index has stabilized today, and it is under the influence of favorable news.

In the next two days, if the Shanghai Stock Exchange Index can still be maintained above the current position, a transfer may appear. However, as long as the current 5 -minute case of the Shanghai Stock Exchange Index has not made a breakthrough, it must be controlled in the position. You can't forget the risks because of the effect of making money in the entire market. Gentle volume can be increased, excessive or quantitative can shrink, and the risk of the index will be alert.

Secondly, the market continuously rebounded, and the market was still mainly speculative. Since last Thursday, the market has rebounded continuously. From a large level, the broader market is at the key point. If you look at the trend, the large -scale K -line shrinkage is narrowed, and the downward trend of the Zhou K line has not reversed. If this position does not measure, it is difficult to go up. After all, liquidity determines the trend. In addition, although the track stocks have gone well today, many heavy stocks are basically falling, and big tickets are still sluggish. Previously, Dago's qualitativeness of the track stocks was the second stage of the second stage. This is a small ticket speculation in the short -term capital use of the previous emotions. This kind of speculative behavior is better to move forward and fast.

Finally, the investment style is still mainly small and medium -sized market value. Today, the small and medium -sized growth stocks have not lost their activity due to the callback of chip equipment and material stocks. In addition, the small and medium -sized market value growth stocks have a wide face and rich growth theme. Many of the invisible champions shared by Dago last week appeared on the list of gains today. Therefore, pay attention to the theme of "specialized specialty".

(Zhang Daoda)

According to the latest regulations of relevant national departments, this note does not involve any operating suggestions, and the risk of entering the market should be borne.

Daily Economic News

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