January 13, 2022
There is a rocky start of the stock market for 2022. Continual correction for the index and all but every sector. Indeed the correction began from September triggered by the property company Everglades which warned of a default. Ever since the correction rotated quickly, and renewable energy sector is the last one to start its correction journey. And the correction takes hold after the New Year Holiday, entrenched by the US Federal Reserve's stance about tapering and interest rate hikes. The FED chair Jay Powell signals a accelerated tapering, and a sooner-than-expected rate hike. The rate hike may loom as early as March.
My position is all but empty and it's a greatest strategy in many people's views.
January 25, 2022
Over night, stock market plunged worldwide. At one point Dow plummeted more than 1000 points. Today A stock followed suit, nosedive wildly. I just begin to build my position, very enviable for all but every one else.
This is the curve of the session, the shape is dubbed "executing cutter".
January 27, 2022
Today is an executing cutter again. Over night US Federal Reserve chair Jerome Powell anounced the plan of hiking interest rates, much as expected, will do it in March. So A share swungs wildly again, just as on January 25. I bought the dips both times, plow capital into the market, aimed at the auto battery, or the renewable enery. My thinking, the US stock market is a superbubble, yet china's A share is not, A share is a market in lack of a liquidity flood. This time with the Pandemic, china learnt a lesson from last international financial crisis, didn't adopt a strong stimulus to support the exconomy, china got cleverer this time, so there isn't a big bubble. Secondly, in 2022 some industry will thrive to support a broader economy to achieve the growth target. the target growth might be 4+%. Auto battery will thrive this year, i will harvest acordingly.
shanghai stock market benchmark index on January 27, another executing cutter.
By the way tomorrow is the last trading session before the chinese Lunar New Year.
February 12, 2022
In regard to my stock investment, the growth rate of the first month of 2022, stood at 0.23%, remember it, it’s a positive rate, so it’s great, because the broader stock market if in a steep correct, domestic or international. The stock market is enduring a dramatic contraction, since the onset of this year, even before, dated back to the fourth quarter of last year. Heading in to February, situation exacerbated, the big cap CATL(宁德时代) entered continuous and steep decline, the company is the bell wether which is influential, leading a flock of companies to plummet. In such a volatile situation, I started my investment operation just from late January and stay on high alert, to keep a proper position. I perceive the volatile nature will hold for a while at least until the FED get the interest hike under way, much-expected in March. And then where might be a tranquil, would restore some normalcy. During the tranquil, it’s time to lower position, all the way to zero position. There will be another firestorm, because the central banks need to wind down its assets, wait and see, play it by ear. Under no circumstances can build a full position, or even near a half position.
February 22, 2022
The Russia-Ukraine crisis came to a head over night, it unfolded at the event of Russia’s recognizing east Ukraine as independent state, and reportedly Russia entered the region to protect it. The event sent shock waves across global market, except the America’s, they was on the President Day break. The conflict overlapped the overhang of interest hike of the US, there would be a ripple effect, for some days. We should take advantage of this period to increase some position. My position is very low now, no expansion at all than before the Lunnar New Year. The current shares position has paid off, grows 3 %, fantastic. Add position, carefully operate, it’s a good opportunity.
February 24, 2022
Today Russia announced its entering Ukraine, and reportedly an huge explosion happened in Kyiv, later Ukrainian military said some Russian aircraft were shut down. So the War between Russia and Ukraine erupted. Global market routed, so did China’s which changed its course of marching on. I sold shares to secure vested profit. At the same time I buy some targeted share to build my position. The position still very low, about one sixth or even low. The year-to-date growth rate at 3.9%. Shanghai index ended at 3429.96.
March 4, 2022
The stock markets routed again today, it's been on this course for several days in a row. In regard to china's stock markets, it's dipped three days in a row, the Shanghai index ended 3447.65 points, down 33.46 points or 0.96%. I had a big win in February with a 3.4% growth rate. But I fear there would be a dent into my invested profit this month. What's comfortable for me, my position stays very low, after doubled these days, the position still comes at 20%, very low. If the situation continues to deteriorate, I would add the position, I can.
March 5, 2022
The leading stock market APP named Eastmoney is very strong, attracts a lot of investors on the APP to discuss about the market. I found there are myriad people that must be attributed as phonies. What I look to are Eastmoney and Newstep, two stocks both located in Shanghai. I hold some shares of them, and there are pullbacks recently. Some people are bearish about the two in full swing, bring about panic, makes people in panic, so I know they stoke panic among investors. I know many would take the bait, but I wouldn’t. EG, Eastmoney’s ever forecasted EPS comes at 0.82, assume growth rate at 50% which is understatement, EPS would comes at 1.24, now the share price is at 26.00, so the PE would be 21, it’s very low and there should be a price leap. And the Newstep is in the same situation. So if there is pullback buy in decisively, and the turnaround is around the corner.
March 7, 2022
Black Monday, the stock market plunged sharply, as well as others across the world. Shanghai index ended 3372.86, sheded 74.79 points or 2.17%, Shenzhen index wrapped up at 12573.43 points or 3.43%. I am not on the side of sell-off, i am on the side of buy-in. i am building up my positions.
March 8, 2022
The stock market plunged again today, four straight days. Shanghai stock market fell 79.33 points or 2.35%, ended at 3293.53, Shenzhen index plummeted 328.94 points or 2.62%,ended at 12244.5. I am in buy-in mode still. My position is still less than 30%.
March 9, 2022
The stock market cratered today, at the height of the plunging session, both shanghai and Shenzhen stock market free fell over the 3%, the dropping intensity ratcheted up. Shanghai index ended 3256.39 points or down 1.13% (37.14 points), Shenzhen index ended at 12107.17 points, down 1.12% or 137.33 points. I sold Eastmoney 3000 shares, lost roughly 6600 yuan, and aimed to swap into Newstep. It seems Newstep’s data better, and with a steady momentum. Newstep is on the down, nevertheless the trade volume is mild. To the contrary, the down road of Eastmoney is with growing trade volume, a little bit scary. So I am going to make the swap. The broader situation is bad, continuous supplements to continuous value dropping. I am quite decisive, will not abandon Newstep, and will lift its position, merely I want to slow down the pace of supplement.
March 10, 2022
When in the stock market, you are always in the state of regrets. If not earlier, sure you are later, never on the very best moment to do it.
What I should keep in mind:
First, never get at full position, must reserve chunk of cash just in case.
Second, in a way of step by step, manage to overcome greed. Where is the big bull stock, never met it, only the legend has it.
Third, make the judgment out of broader situation, and be prepared for sweeping decline of straight days, all the time. You are not in lack of the chance to buy a good stock, just await the scary overhang to descend, with your bulk of cash on hand, what you need to do is study it thoroughly.
Fourth, at the critical juncture, don't fear for the company you selected is excellent, think about why did you buy this stock, sure you would survive. Yeah, stick another day, the wind of sure to shift.
Fifth, when going higher away the normal course, it's time to sell, the other way heading farther away the normal course, it’s time to buy.
Sixth, the stock market wouldn’t perform in light of investors’ demand, it’s always intractable, but we can wait, so we need distract for it somewhat, don’t focused on it all day long.
March 15, 2022
stock market still in long streak of decline, it tumbles again today, Shanghai sheds 159.97,or 4.95%, to 3063.97, lost its 3100 pass.
I am still holding out here. I stop visit the forum on Eastmoney, a lot investors spread pessimistic sentiment, it's awful.
what's notable, startup board stays put nearly, maybe settled, main board does its ferocious decline, essentially play its catch-up in this spectacular decline.
The market slump would grind to a halt. A steep decline for 10 straight days would be unsustainable. A bad news would turn good when the boot of interest hike down to the floor.
When the bulls disappear the decline would stop.
March 17, 2022
I made a right judgment, a rebound staged yesterday, though fuelled by a financial meeting of National Financial Committee, that I couldn't foresee. The market slump halted, and a rebound might unfold in the days to come. But investors still very wary, the market rallied this morning, but pulled back some in the afternoon. I made big additions to my position. And I will wait and watch, I look to more gains. The scary spectacular decline might be in the rear view mirror. Some addition is still possible should there be a future pullback.
March 23, 2022
To stock pal:
The last Wednesday was the most pessimistic moment, many sold off shares with big losses. These are very bad sentiments(my position was light, nevertheless I have a lot of shares of Newstep), so I decided not to visit this stock bar anymore to make sure that push my own set plan. Indeed, March 14 stood as the Eve of rebound, the rebound played out two days later. On the second day of the rebound, I add my position, drove down the cost. I haven't made nominal profit to date in Newstep, nevertheless have i little loss. At the time I analyzed the situation seriously, First, sharply steep decline is unsustainable; second, the major reason for the decline is rate hike by the Fed, the Fed made the announcement on March 15, i.e. "the boot fall down to the floor" on March 15, thereafter bad news would turn good news. Third, the declining vanguard, namely the startup board halted the trajectory, the main board is doing the following-up. So, don't indulge in this bar all day long, instead bathe in the sunshine, go running, get robust, these would be helpful for decisions making, not infected by contagious bad sentiments.
March 24, 2022
The neighborhood i live in has been locked down since March 6, and when the lockdown would be lift is anyone 's guess. Shanghai's at dire situation of Covid-19, daily asymptotic cases come at 900+. To keep fit, i carried out jumping run at home days before, but do it for too long maybe, got left foot wounded, it's swelled and it's hurt, so I had to halt the jump running. Now I can only walk for not long time, not to mention run. What's better, we can get outside to the courtyard, which was impossible days ago.
April 3, 2022
On the Clear Bright break, but badly locked down in home, and have been like this for straight 28 days. In light of all information, Shanghai still hellbent on fight for zero tolerance of covid19, aimed at dynamic clearing goal. The data of Shanghai of asymptomatic infection at 7788 yesterday which on the rise, Pudong's at 1930 down hundreds.
Dong chengfei, the prominent fund manager, estimated earnings slide for the year, but not sure how much. He doesn't advise to sell off given that you are an amateur investor, and most factors are already priced in nowadays. I am at a 40% position now, I think it's appropriate.
I hold only shares of Newstep which is of long steak of good earning and in the promising robot industry. The price plunged this year without a definite reason, as well as the index does. It hovers at the low level, with very low trade volume. I have some loss in stock of Newstep, the stock market is always risky, isn’t it? Nevertheless, some positive appearances emerge, among them, some big buy in deals increase recently, in contrast with a lot sell off deals a week or two ago.
April 5, 2022
Shanghai went through sweeping nucleic test across 25 million population. A stringent lockdown has gripped Shanghai as a whole since March 28. A lot of physicians from other province came to help yesterday, Shanghai is in lack of workforce to handle alone. Shanghai, the financial center is bogged down in the lockdown deeply ever since the pandemic. The neighborhood I live in still stay locked, and no clear open date on the horizon. To make matters worse, a few units were found positive cases yesterday entailing another round lockdown which implicates the whole neighborhood. What a mess and what a whammy, I am not sure if we could get out of grip of the lockdowns in April.
April 11, 2022
The stock market is in the plunging mode again. The rebound of March 16 fizzled out, real estate and banks features in the rebound prominently. What triggered the plunge, first the Fed gets hawkish about rate hikes, nearly certain elevate half point in May; second, bond yields get inverted nowadays, entail big hike and cash pulling back from emerging economy to America; third, china is facing headwind of pandemic flare-ups, set impact on economic growth; forth, there are series structural problem facing china, the economy is losing steam, it’s concerning. There is another factor which is fading away, the Russia-Ukraine war with Russia makes a strategy shift, focused on east Ukraine. I have got somewhat cautious, substantially slow down the pace to add position.
April 13, 2022
Today the broader market fell again, ended yesterday's rally, but Newstep bucked the trend, continued its rally, rose the second day and rose big to the daily limit. It has harbinger, before this round decline(three days before yesterday), big capitals continued buying in, outstripped selling off. Till today big money influx of 20 days reaches 4.77 million yuan, that of 60 days remains minus 183 million. Newstep is my only share, and quite heavy position.
April 25, 2022
The biggest plummets in the stock market this year. Shanghai fell 158.41 points, or 5.13%; Shenzhen dropped 672.41 points or 6.08%. Shanghai stock market crossed down 3000 points line, the important psychological line. What trigged the big drop, last Friday there was a big drop in the America, which was in panic of the Fed’s aggressive rate hike in May.
What’s in my mind, I have slowed down the pace to add position. I had strong sense of foreboding that there would be a big decline. The market has gone downhill this year, now crossed the 3000 line. The long streak of decline goes with the Fed’s step of raising interest rates. First time hike came in March, and soon the second time will come in May, weeks away. Going forward, there will be more hikes, it’s predicted the American rate will reach 1.5% line in June. So the market would keep being volatile at least before October (third quarter). Then the effect would fizzle out, the world will proceed.
I must stand with the companies I invest in, every one inescapable, in lockstep with the companies. Second, I must stand ground, will not sell off with a loss, I must endure the volatility.
April 25, 2022
I should be sensitive, unfortunately I am not. were I sensitive I would have prevented the loss brought by Newsweek. I will get sensitive for sure. this is the lesson.
reenter Miracle today. promising future, excellent earnings.
April 28, 2022
The stock market has been on rocky ride heading into this year, tumbled for four months. Now china is grappling with lockdowns sparked by covid outbreaks, and can’t achieve victory easily. Shanghai has been in lockdown for two months, bringing economic disruptions and stock market volatility. To counter the momentum of appreciation of RMB the central bank lowers the dollar reserve requirement ratio from May 15. To shore up china’s economic growth rate president Xi Jinping held a high level meeting to launch infrastructure construction to offset the impact of lockdowns around the nation. The stock market regulatory committee issues a file to regulate the fund managing companies. Today the security transaction firm announced to lower registration transferring fee substantially. A string of measures have been in place, it’s not known if the stock market would settle somehow. I suspect it. The biggest headwind lies in the economic growth, many firms reported dismal earnings of the first quarter, earnings of many slid and some logged loss, this is the largest dark cloud hangs over the outlook of the stock market.
May 8, 2022
CPC poliburo standing committee met on May 5, issued a resolution, rearlterated unswerving adherence to dynamic zero covid policy, party's nature and mission determine pandemic related policy. Call to overcome contempt, indifferent, self-righteousness. Making it clearer what direction the country goes in, the economic growth will take another hit, and at least until October no abating. Reportedly second quarter the economy will go backwards after first quarter growth rate at 4.8%.
June 11, 2022
Unexpectedly the chinese stock reversed its course on April 27, and it has on the road of reboud for two months. I added my position at the bottom, two stocks, one is Jiaze Renewable, and the other is Zhefu Holding. They are stocks I am in favor of. Another stock Newstep has been owned for long, and it’s put on the forefront in the mania of robot. First newstep leaped twice from 6.2 yuan to 7.45 yuan, then wildly swung for nearly 3 weeks. From july 8, it shot up again, it rise more than 2%, notwithstanding the shanghai index plunged today.