Chapter 463 Daily Life
When the market was praising Gu Junhao, he was not affected by the hype and became elated.
After all, opportunities for explosive growth like those on the 19th and 22nd are hard to come by.
It is impossible for the index and individual stocks to continue to rise as wildly as they have in the past two trading days.
Similarly, the net value of Junshi Value Investment cannot remain as wild as before.
The market is destined to enter a state of differentiation.
Differentiation means the arrival of new opportunities, such as the liquor sector.
The price of liquor has not yet fallen to the bottom, and the rebound in two trading days has slowed down the decline of liquor.
However, it can be clearly seen that the performance of the liquor sector in the past two trading days is obviously weaker than the overall market, and very few individual stocks in the sector can outperform the index.
The next task is to eliminate the weak and keep the strong in the differentiated market, free up funds again, and wait for opportunities in the liquor sector to come.
As far as I can remember, Maotai’s limit down has not yet arrived. I don’t know if it’s because of my wrong memory or some other reason.
But no matter what, we have to start building a position in liquor at the end of this month, even if Maotai does not fall to around 500 yuan.
Tuesday, October 23rd.
The Shanghai Composite Index rebounded more than 200 points for two consecutive trading days, and the Shanghai and Shenzhen stock markets rebounded more than 130 points, crossing three integer mark.
The first differentiated market situation finally arrived.
After the climax, a period of bored short-term funds began to have the idea of taking profits.
Retail investors who were afraid of losing profits also began to reduce their positions when there was no hope for the two markets to rise.
As the leader of the recent hot sector of Internet finance, Tonghuashun began to adjust downward after rising to the highest price of 36.75 yuan since this round of rebound.
The share price of Dongfang Fortune also encountered resistance at the 13 yuan level. Since a round of big rebound, these strong stocks have recovered all the losses since August.
It is also reasonable for funds to choose to adjust in the chip-dense area. The Shanghai Composite Index fell 2.26% throughout the day, and the index fell below 2,600 points again.
A-shares, which have been like a grumpy big brother for two trading days, have entered a cooling-off period starting today.
The net value trend of Junshi Price Investment has finally returned to normal. With the adjustment of individual stocks, Junshi Price Investment's net value fell by 1.55% today and retreated to 2.7034.
On the 24th, Wednesday, the Shanghai and Shenzhen stock markets were supported at the five-day line position of the daily line, rebounded with reduced volume, and the three major indexes closed in the green again.
Although the volume has shrunk, compared with the average daily trading volume of about 100 billion yuan before September, the Shanghai Composite Index still traded 160 billion yuan today.
Judging from the trading volume, two big rebounds and the policy bottom recognized by the market have gradually restored vitality to the stock market.
The index adjusted yesterday, and the market was able to quickly repair itself today. This is a very good signal.
…
In a restaurant with a nice environment, Gu Junhao and Zhang Yiru sat side by side.
In October, I was directing transactions continuously, going to the company very early every day and returning home relatively late at night, which to some extent neglected my family.
The trading was relatively slow these two days, so Gu Junhao asked Zhang Yiru to go out for dinner together, and they could spend some time alone and relax.
Little Gu was left to the care of his grandmother.
Looking at the man she loves beside her, Zhang Yiru said affectionately, "Husband, you are very popular on the Internet recently, and we often talk about you in our industry."
"What are they talking about? Is there anyone scolding me?"
"How dare I scold you? You are now the big money sponsor of our bank, and most people admire you."
"That was in the past few days. I don't believe that no one scolded me for the big drop a while ago."
"Haha, really not. At that time, everyone admired your courage. No matter whether it was right or wrong, you just spoke out."
Zhang Yiru said what she really meant. No matter what everyone thinks in their hearts, as a half-colleague, it takes courage to dare to speak out at the critical moment.
From after the National Day to before the 19th, for more than half a month, Gu Junhao's personal social account was almost in a state of collapse.
Every day, there would be investors who lost money who would come to curse. Several public speeches and the stock market hitting new lows made Gu Junhao, who was already very popular, the target of criticism.
After the two of them got together, her husband has been successful in stock investment and has a very good reputation among the public. There has never been a situation like this month.
In Zhang Yiru's opinion, this is no different from cyberbullying; for this reason, she is very worried about Gu Junhao's condition and has advised him to close the comments.
However, she was still rejected by Gu Junhao. Zhang Yiru didn't know what it felt like to go from being the hottest thing on the Internet to being despised by everyone, but she thought it must have been very difficult.
Fortunately , all this is over. The company's public funds have officially achieved profitability this year, and its reputation has also reversed.
After dinner, the two did not rush home. In this cool and refreshing autumn season, many people took a walk after dinner, and it had been a long time since the two had a walk alone.
Holding hands, they strolled among the crowd on the street; in the night, no one would pay special attention to this young couple.
No one would have thought that the young couple holding hands on the street are now the second richest in Beicang.
After the walk, the two went to see a movie together, “Shadow” directed by Guo Shi, which had been released for almost 20 days.
Walking into the cinema, Gu Junhao felt dazed. This shopping mall was currently undergoing renovation and reorganization. Basically, all businesses below the third floor had moved out, and only a few other stores near the cinema on the fourth floor remained open.
As far as I can remember, the reopening after the renovation will be after the National Day in 2020?
It is not known whether it was fortunate or unfortunate for those businesses that were forced to close for renovations in the past two years, but this cinema failed to survive that special period and was eventually forced to close.
"Just think of it as another contribution to him. In my previous life, when the business first opened, I was his VVIP and drank a lot of free coffee."
Movie, a story about a stand-in, is quite exciting in Gu Junhao's opinion. The costumes and props are also on point. As long as the male lead is not filming a movie he directed himself, his acting is always on point.
The plot tells the story of a stand-in. In reality, Gu Junhao doesn't know who is the stand-in for whom between himself and his predecessor?
It was already quite late when I got home, but little Gu was still not asleep. The little guy is really full of energy.
However, Gu Junhao was too lazy to coax him. After being busy for a while, he suddenly relaxed his whole body and mind, and he was still easily tired.
When you see other people raising children, it seems easy and cute; but in fact, when you experience it yourself, you don’t find it cute at all!
What's more, he is a naughty boy.
After washing up, Gu Junhao fell into a deep sleep, but he didn't know that the rice stocks in the night session were experiencing a "bloodbath"!
The Dow Jones Industrial Average suffered a sharp drop late at night local time, falling more than 600 points, a drop of 2.41%, wiping out all of this year's gains in one day.
Technology stocks continued to lead the decline, with the Nasdaq plunging 4.43% and the S&P 500 also plunging more than 3%. Seven well-known Chinese stocks listed on the US fell collectively.
The pig farm suffered the biggest drop, with a single-day drop of 8.50%, and its share price fell to US$185.89. The other six companies' drops ranged from 5% to 6%.
Nvidia, which was once heavily invested by Junshi Capital , plunged 9.79% in one day, and its share price officially fell below the 200 US dollar mark to 198.85 US dollars.
From a technical perspective, Nvidia, which peaked in October, has entered a technical bear market, which is similar to the trend of the Shanghai Composite Index in early October.
Since September 2017, in more than a year, including tonight, the Dow Jones Industrial Average has had a single-day increase of more than 600 points six times.
Since the President took office, the trend of the US stock market has been really confusing, with occasional sharp rises and falls, which also constantly affect global stock markets including the A-shares.
Today's plunge is related to the economic sentiment data report released by the Federal Reserve. Trade uncertainty and labor shortages have made economic growth appear slow.
But for A-share investors, the sharp drop in US stocks tonight is not good news. Will the stock market, which has finally stabilized, be affected?
