Don't Believe There Are No Ancient Sages Today
Cycle
20200302-20200308
Market
| Market | Index | This Week (%) | 1 Week Ago (%) | 2 Weeks Ago (%) | 3 Weeks Ago (%) |
|---|---|---|---|---|---|
| SSE Composite | 3034.51 | 5.35 | -5.24 | 4.2 | 1.43 |
| SZSE Component | 11582.82 | 5.48 | -5.58 | 6.54 | 2.87 |
| ChiNext Index | 2192.94 | 5.86 | -6.96 | 7.62 | 2.65 |
| Hang Seng Index | 26146.67 | 0.06 | -4.32 | -1.82 | 1.5 |
| HSCEI | 1035.65 | 0.83 | -5.4 | -0.34 | 0.98 |
| Red Chip Index | 4109.11 | 1.87 | -5.66 | -1.89 | 0.73 |
| Dow Jones | 25864.78 | 1.79 | -12.36 | -1.46 | 1.02 |
| Nasdaq | 8575.62 | 0.1 | -10.54 | -1.39 | 2.21 |
| S&P 500 | 2972.37 | 0.61 | -11.49 | -1.07 | 1.58 |
This week, the Shanghai Composite Index, Shenzhen Component Index, and ChiNext all rose by more than 5%, ChiNext rose by %, and the three major Hong Kong indices and US stocks also rose slightly.
Events
The novel coronavirus pneumonia has spread to the whole world. According to JP Morgan’s statistics, the world epidemic situation is still complicated. JP Morgan divides countries with more than 250 confirmed cases into four stages:
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Early development: Countries are reporting new infections, but the overall total number of infections is relatively small. The Netherlands (265) / UK (273) fall into this category.
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Acceleration: The growth rate of daily new infections is on an upward trend, and the overall scale of infections is relatively large. The number of infections is growing rapidly, but the recovery rate is very limited. The United States (537) / Japan (502) / Spain (673) / Germany (1040) / France (1126) fall into this category.
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Late accumulation: The growth rate of daily new infections declines. But daily new cases are still considerable, but the number of recoveries has a higher growth rate. South Korea (7382) / Italy (7375) / Iran (6566) fall into this category.
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Recovery: Daily reported new cases are limited. The increase in the number of recoveries is greater. China (80735 people) is currently in the recovery stage.
Position Adjustment
Bought APT at a price of 40.61 and was deeply trapped, with a floating loss of 60%. Whether I can get my capital back depends on the American people’s understanding of the epidemic, 😂.
Dali Technology rose slightly by 5%. According to the development of the epidemic, orders this year are expected to be promising, and may replicate the trend of ETC concept stocks last year.
Won the Shengtun Convertible Bond this week.
New funds have become a life-saving straw in the year of comprehensive victory in building a well-off society, buying or converting some new infrastructure theme funds.
| Type | Code | Name | Current Dynamic |
|---|---|---|---|
| Stock | APT | Alpha Pro Tech | Hold |
| Stock | SZ002214 | Dali Technology | Hold |
| Fund | F210008 | Golden Eagle Strategy Allocation Hybrid | Buy |
| Fund | F519674 | Galaxy Innovation Hybrid | Buy |
| Fund | F005311 | Wanjia Economic New Momentum Hybrid A | Buy |
| Fund | F020003 | Guotai Golden Dragon Industry Selection | Buy |
| Fund | F005911 | Guangfa Double Engine Upgrade Hybrid | Add |
| Fund | F00404 | E Fund Emerging Growth | Buy |
| Fund | F519929 | Changxin Electronics Quantization Hybrid | Buy |
Thoughts
Recently, I have been like a frightened bird, chasing highs and killing lows, operating repeatedly, and suffering heavy losses. I still have to listen to Mr. Weng Tonghe’s “Every time there is a big event, there is calmness, and I don’t believe that there are no ancient sages today.” I must think seriously, decide carefully, invest boldly, and hold patiently.
Published at: Mar 8, 2020 · Modified at: Dec 2, 2025
