Chapter 366: Selling at the lowest point?
At the same time, Gu Junhao's personal social media account is also quite lively. Investors who entered the market at the beginning of the bull market in 2015 are basically the same as Gu Junhao, born in the 1990s.
In the era when the post-00s had not yet grown up, the post-90s were the most active group on social media. Nowadays, short videos have not yet reached the point of explosion, and Weibo has not yet reached the point of causing public outrage, so the activity level is still relatively good.
After work, Li Ze also found that Gu Junhao had updated his status. The stock price hit the limit down on February 25, and Li Ze was still a little depressed.
On the 24th, the share price of Longji shares closed at 11.77 yuan, and Li Ze had already untied his losses. However, he did not expect that the situation would change suddenly on the 25th, and he was trapped for another four days.
Fortunately, today Longji shares rose again by 3.87%, and the stock price closed at 11.26 yuan, once again turning from floating loss to floating profit. In just a few trading days, the changes are really significant.
Li Ze also discovered that the trend of Longji shares that Brother T bought this time was far less exciting than that of Tong Huashun, whom he had followed before.
Perhaps this is the difference between a bull market and a bear market.
However, when Tong Huashun first opened a position near 12 yuan, the adjustment was also quite drastic. Thinking of this, Li Ze felt relieved. This time he was stuck for only four trading days, and the unwinding was much faster than last time.
Li Ze welcomes Gu Junhao becoming a public fund manager. However, as he has some understanding of the rules, Li Ze also knows that he will no longer be able to operate his personal account after becoming a public fund manager.
So, Li Ze also wrote down his doubts: "Brother T is a public fund manager? I will definitely support you next week, but Brother T, what about the holdings in your personal account?"
Netizens who reacted were also curious about how Gu Junhao should handle his personal account after changing his identity. As a result, more and more people replied and liked Li Ze's comment, and Li Ze's comment was pushed to the forefront.
However, Gu Junhao had already returned home and no longer paid attention to the messages on the Internet.
A shares rebounded today, and in the evening, US stocks also performed well. Nvidia, which had been adjusted for three consecutive trading days, opened higher today. After only 40 minutes, the stock price reached US$32.
In 40 minutes, the trend has recovered the downward gap on January 6 this year. The next step should be the pressure of the high point of 33.94 US dollars before the Chinese New Year. Under the slow bull market, it is estimated that it will take some time.
If we follow the nature of A-shares, Nvidia, which had a big breakthrough and surge on February 18th due to good news, has now been continuously setting new highs. The adjustment of Nvidia and Mi stocks should have ended.
An hour later, NVIDIA officially stabilized above US$32. Gu Junhao no longer had the heart to watch any further, so he turned off the computer and prepared to go to bed.
In the past half month, Gu Junhao has been very busy. In comparison, this time is even busier than when he founded Junshi Capital.
Fortunately, the conditions are much better now than before. I have a professional team to help me take care of some detailed work matters, and I also have a full-time personal assistant and driver.
After washing up, Gu Junhao had just gotten into bed when Zhang Yiru's voice came from his ear: "You won't be so busy later, right?"
"Yeah, it's not that busy later, what's up?"
"Nothing. I just asked casually because I saw you were busy lately. If you're not so busy, you don't have to look at the market at night."
"No problem, I'll listen to my wife." Gu Junhao said readily.
"You are not kidding me, are you?" Seeing Gu Junhao agreed so readily, Zhang Yiru seemed a little unconvinced.
"When did I ever fool you and say I wouldn't watch it, at least not for a long time? I have more important things to do in the evening."
"What could be more important to do at night?"
"Of course, it's to fulfill our mother's instructions during the New Year. Come on, haha!"
"Ah, stop touching me!"
In fact, Gu Junhao was not very willing to watch the stock market late at night, so he only bought Nvidia stock.
In terms of diversified investment, wouldn't it be more convenient and faster to use the latter batch of US$160 million to quickly invest in several US technology stocks at a relatively low position?
However, with more stocks, more energy is involved. For the night trading, it is definitely easier to focus on just one stock than to focus on many stocks.
There is no end to making money. If you are busy at work all day and still have to keep an eye on multiple stocks in the night market at night, you would be mistreating yourself.
Having an expectation for a stock does not mean that you should hold on to it once you buy it. You should adjust your position in time according to market changes within expectations. In addition to controlling risks, you can also increase profits while utilizing liquidity.
Theoretically speaking, no stock, whether it is US stocks or A shares, can be held forever. Even a strong stock like Maotai will have a pullback after reaching its peak.
This is the principle behind the so-called bullish and short selling.
…
On March 2, the Shanghai and Shenzhen stock markets continued to recover today after yesterday's general rise. The Shanghai and Shenzhen stock markets fluctuated higher in the morning session, and all industry sectors recovered.
Following the same rhythm as yesterday, the market rose across the board in the afternoon. The Shanghai Composite Index surged 4.26% to return above 2,800 points. The ChiNext Index also surged 4.27%, regaining 2,000 points to 2017.60 points.
Today, the trading volume in the Shanghai and Shenzhen stock markets increased significantly, with a total turnover of more than 600 billion yuan. Blue-chip stocks are still the main trend today.
Among the liquor sectors, Gujin Xiangjiu, which had the largest increase yesterday, hit the daily limit today with a large volume increase, and its share price was 31.11 yuan. Midea even soared by more than 8%.
Among the individual stocks, Maotai Liquor Industry still had the smallest increase and performed the most stably, but it also had an increase of 2.62%, which was considered a big increase for Maotai.
If we compare Nvidia in the proprietary trading account with A-share stocks, Gu Junhao feels that Maotai is the most similar. This long bull market that has continued since its listing is very wonderful.
The name of Jiangxiang Technology is true to its name, at least it will remain so before 2021.
In the online novels that everyone makes fun of, there is one deadly industry that a time traveler must go through to make a fortune: "Buying Maotai!"
For two consecutive days, the Shanghai Composite Index surged by 161.7 points, and the market value of Junshi No. 2's holdings kept rising. This made Wang Ruoyu very happy. Regardless of whether he was a shadow manager or not, his image before taking office was established.
According to the trend of the market, after the sharp drop in February, the boss immediately resigned as fund manager and started trading himself from the beginning of March. The result was two consecutive days of sharp rise, which stabilized Junshi No. 2 from the brink of its first overall loss and put it back on the upward track.
"We must go find the boss and ask for clarification!" Wang Ruoyu, unable to suppress his inner excitement, immediately pulled Xu Jianqing and rushed to Gu Junhao's office after get off work. If they were a little later, the boss would probably have left.
"Why are you dragging me in? Can't you just go and ask yourself?" Xu Jianqing replied somewhat depressed. This guy wouldn't drag me in to take the blame, would he?
Xu Jianqing was in a good mood today. The two A-share holdings in his proprietary trading, Longji Shares and Tianqi Liye, rose by 3.87% and 5.75% respectively, while Nvidia surged by 4.43% overnight.
Speaking of the first two trading days of this month, both A-shares and foreign markets performed very well, and stock holdings recovered across the board. From this point of view, the company that previously sold the public fund was really unlucky.
If we can hold out through the downward pressure in the last few trading days of February and enter March, the trend will be different. Is this what the boss meant by selling at the lowest point?
However, it is not certain whether Lao Wang will be scolded by the boss if he drags himself to ask the boss. He may even have to take the blame.
The boss likes to criticize himself the most. Although it was Lao Wang who asked the question, the boss will definitely think that he was the one who instigated it!
"If Tingting were here, the boss would definitely not scold her if she came to ask!" Xu Jianqing thought secretly.
Liu Tingting was transferred to Junshi Price Investment as Gu Junhao's assistant. However, Junshi Price Investment was still suspended, so Gu Junhao simply gave her a week's vacation and she will officially start work next Monday.
After arriving at the boss's office, the boss had not left yet. Wang Ruoyu then asked Gu Junhao about the doubts in his heart. It was obvious that the boss did not need to resign as the Junshi No. 2 Fund Manager in such a hurry. Why did he do it in such a hurry?
"Boss, do you think there will be a big rebound this month, so you should step down at the lowest point to build momentum for me and reduce the pressure on me?" Wang Ruoyu said with a smile while looking at Gu Junhao.
"What nonsense are you talking about? How would I know that the stock market would rebound? My Longji shares are still sold at the lowest point. How could I know how to sell them?"
"Boss, you are talking nonsense. That's not selling. You are just transferring the money from one place to another and continuing to hold it. I think what Lao Wang said is right. Boss, you are so good to us!" Xu Jianqing continued.
"Stop talking nonsense here. I don't have the ability to predict the rise and fall of the market in advance. I'm just too lazy to issue a second announcement, so I'm going to make a one-time announcement when the net value is announced."
Xu Jianqing and Wang Ruoyu looked at Gu Junhao in disbelief. He didn't want the boss to issue an announcement, so there was no need to resign in such a hurry. At that time, the acquisition had just been signed and had not been completed when the boss made the decision!
Obviously, the two did not believe Gu Junhao's answer. At the same time, Wang Ruoyu was even more excited. The boss was so thoughtful that he could take care of her emotions.
At the end of this month, Junshi No. 2 will be opening its redemption channel. If the stock price continues to fall after I take over, the pressure will inevitably increase. Although investors will think that most of the reason lies with Gu Junhao, I will definitely not be able to escape the war of words.
Seeing the two people's disbelief, Gu Junhao was too lazy to explain. He waved his hand and said to them, "Go away, I want to go home. My wife is stewing soup for me at home!"
Ignoring the two of them, Gu Junhao walked towards the door. Think whatever you want, I'm going back to make babies!
