After filling the gap, the three major depressions are expected to come later

After filling the gap, the three major depressions are expected to come later
For stocks, please read Jin Qilin analyst research report, authoritative, professional, timely, and comprehensive, to help you tap potential potential opportunities!  After Zhang Junming suffered a “black swan” slump on the first trading day of the year of the mouse, it is difficult for many investors to predict that the stock index will quickly repair in this V-shaped transformation.The GEM Index, which has the strongest trend, completed filling the vacancy in 3 trading days. Although the Shanghai Stock Exchange Index was long overdue, it also achieved this goal on Monday.The major indexes completed filling the vacancies, and the A shares returned to the original “steady and rising” normal state.After the baptism of this earthquake, the bottom of the market is more firmly consolidated, and it also has a huge magnetic effect on off-site funds.  It is worth noting that the recent real estate leader Evergrande’s price reduction promotion and the sound of housing provident fund reform have also surfaced. In the future, the stock market will gradually replace the “reservoir” that has actually become the wealth of domestic residents. The long-term investment value of the stock is expected to gain moreThe more funds are recognized, the mainstream investment consensus is formed.Since February, a number of public funds have become “explosive funds”, and the fundraising has been terminated in advance. It has become normal to sell more than one day, and the continuous flow of off-market funds can be seen.Therefore, after filling the vacancy is not the end of the A-share market, but “Xiao He only showed sharp corners.” The long-term development space is worth optimistic.  In the recent strong rebound in the market, technology stocks are completely the biggest hot.In the course of the public epidemic, telecommuting, remote teaching and other fields have allowed the market to see great potential for the future development of the industry. Listed companies that have expanded around related fields, especially those with scientific and technological content, are naturally sought after.In addition, the liberalization of refinancing requirements has made GEM the biggest beneficiary, and news that the science and technology board company was first divided into MSCI constituents has also stimulated the strengthening of technology stocks.Among the recent hot new funds, technology topics account for a considerable proportion, which has also increased the strength of technology stocks.  Technology stocks are strong, but the volatility is also an indisputable fact. For investors who have stepped into the gap to fill the gap, without pursuing a thorough understanding of the company’s fundamentals prospects, excessive pursuit of high purchases also contains the risks of coping.Now that it is empty, if you go after the quilt, it will really become the harvested leeks and become the payer of the value added by others’ accounts.Therefore, it is a more robust method to find some low-performing stocks that are temporarily underperforming and wait to estimate the victory results brought by the repair.  From an industry perspective, even though the previous major indexes have completed filling the gap, there are still multiple industry indexes that have not yet achieved this goal, and many of them have good performance and have turned into income industries, replacing banks, insurance, oil, coal, and gas supply.Heating, etc.The performance of these industries is relatively backward, mainly due to the following reasons: First, there are negative fundamentals. Some markets are worried about the rise of bad debt ratios in the banking industry, the insurance industry’s claims ratio has risen due to epidemic conditions, and the supply of gas and heat and transportation facilities have been reduced.Oil and coal affect profit expectations due to weaker oil prices; second, market values are generally contradictory, and there is no “mutation” space similar to technology stocks, which is more difficult to speculate; third, technology stocks have obvious gold absorption, and relatively reduced market capital is mainly for these large-cap stocksIndustry attention.  Although these factors exist objectively, if you stand in the perspective of long-term investment, as long as these industries have value, the development momentum of leading companies will not stop. The short-term downturn has brought about an increase in intrinsic value.Although some industries may experience accelerated profit growth or even a chance due to the “black swan” factor in the epidemic, the company’s ability to continue operations has not been substantially affected. Over time, recovery growth will inevitably occur.In the state of valuation, repair is also inevitably carried out. This repair happens to be the process of filling up the depression, and the “retroversers” who dare to participate in the downturn will also enjoy the victory of the value repair.  With the overall easing of liquidity in the whole society and the continuous increase in market capital, the original relatively concentrated funds in technology stocks will also have spillover effects. After some prophets and funds leave the market, they will start to look for relatively undervalued assets.With the participation of various varieties, this “peak-cutting and valley-filling” capital flow also breeds the possibility of market style conversion.Especially under the circumstances that market transactions continue to be active, these undervalued blue-chip stocks will always be silent forever. From this Wednesday, the total turnover of the two cities exceeded one trillion yuan, and short-term funds are accelerating into the market. Plenty of liquidity estimates these underestimations.The mining of large-cap stocks will play an important role in promoting the development of related products.  In fact, if there are no “disadvantages” mentioned above, these blue chips may not give investors the opportunity to buy at a low price. The more these non-lethal “disadvantages” are exposed, the lower they can be suppressed, and the margin of safety will be.Just beyond, but also for the gradual accumulation of energy in the future.Therefore, investors with specific positions, especially those who are short-selling, are looking for a long-term competitive low-profile leading stock dips layout from these industries that are yet to be filled, which may be a safer and more stable choice.The author believes that it may be useful to choose from the following three major aspects: First, the major financial topics, including leading stocks in banks and insurance.Banks and insurance are undoubtedly the anchors of A shares. The bank ‘s extremely low estimates have fully reflected the possible bearishness of the industry, and higher exchange rates have become the best partners for long-term investors, and some of them have no room for repair.Only by gradually increasing the variety of conversion stocks has a certain game value; while insurance stocks have long benefited from the improvement of domestic insurance awareness, asset appreciation brought by the 南京夜网论坛 growth of the stock market, etc., all have better long-term investment value.The species that the author focuses on include: CITIC Bank, SPDB, China Pacific Insurance, etc .; Second, major public themes, including gas and heat supply, transportation facilities and other industries.Although some companies have the disadvantages of periodic price cuts or suspension of fees, it is expected that a compensation policy will be introduced in the future, and the long-term investment value will not be changed after short-term bearish digestion.The types of the author’s key observations include: Shenzhen Gas, Anhui Natural Gas, Modern Investment, Gan-Yue Expressway, Sichuan Cheng-Yu, etc .; three, large energy themes, including oil, coal, etc. After the international oil price stabilizes, the industry ‘s bearishness is temporarily reported.Part of the underestimated, high-dividend broken varieties have the opportunity for value restoration. The varieties that the author focuses on include: Yanzhou Coal, Huajin Stock, etc.  (The content mentioned in the article is a reasonable reference and does not constitute substantial investment advice.)