Is it normal for securities to keep falling?

Definitely not normal! Now it is basically certain that the entire brokerage sector has been maliciously shorted and changed every day. Basically, stocks with good technical form are not allowed to exist, and they are all broken. This is to make investors completely chilling about the securities market! The problem is that it is obviously not retail investors who smash brokers. So, what is the power that has been so firmly and continuously slandering brokers, and who should I show it to?

It is definitely not normal for securities to keep falling, and their performance is still falling, or even plummeting, all to suppress, to dig holes for the registration system, and to let retail investors cut their meat and leave!

Why do you say that? Because:

1. There are too many latent retail investors in the securities field, which need to be cleaned up.

From July and August last year, when brokers rose sharply, many people and big coffee said that there was a big bull market and they must buy brokers. As a result, many retail investors chased in and now they are trapped.

Then at the end of 2020, there was another surge at the beginning of 20021,and big coffee companies and institutions said that brokers were going to break out and many retail investors were set up.

Recently, brokers have been falling, even plummeting, just to wash dishes, clean the retail investors inside and let desperate retail investors leave.

It's time for retail investors to enter the market. I came in recently. Up to now, I have held 60% of the positions, and I have also made some gains. Although the brokerage firms have fallen sharply in the past two days, the brokerage firms I entered have not fallen, as mentioned in my article.

Two. Dig a hole for the registration system

Such a good performance of brokers, not rising but falling, is definitely abnormal, especially brokers or the pillar plate of the stock market.

Besides washing dishes, the most important thing is to dig holes for the upcoming registration system.

With the reform of the registration system, the stock market is bound to rise sharply. If it drops sharply, it will be the same as the original fuse. Isn't it a joke to make the whole stock market plummet?

So now the brokers have plummeted and fallen out of space. At that time, the registration system will lead the market to rise or even break through 4000 points, indicating that the reform of the registration system is very successful.

At least in face, you have to go this way.

Three. Control and gather together

Since 202 1, the stock market has soared, breaking through 3400 points, 3500 points and 3600 points successively.

A big rise is bound to be risky and the market is overheated. Therefore, when the leading stocks rose sharply, brokers and insurance companies began to smash the market, constantly smashing the market, just to control the festival.

Brokers are more tools to adjust the index, which is not linked to performance.

Just like today, the three major stock indexes have all gone up. Brokerage insurance has not broken the market, but it has also gone up, not to mention 4,000 points, that is, 6,000 points can go up, and it has become a mad cow, just like 15, which is definitely not allowed above.

In short, it is definitely not normal for brokers to continue to decline, not because of poor performance, but also because brokers have to complete the intentions of the village, so its decline is only temporary, and now it is desperate. If it rises, it will make people desperate!

Personal opinion, for reference only!

A number of brokers released 2020 performance forecasts or express reports. As of 3 1 day, * * * 26 listed securities firms have issued performance forecasts or performance reports. Due to the active trading in the secondary market last year, the market index rose sharply, and the dividend of the registration system reform was superimposed, all of which achieved positive growth in net profit. Among them, Everbright Securities saw the biggest increase, with its net profit increasing by 325.2 1%, while the net profit of Oriental Fortune and Industrial Securities doubled. In absolute terms, the operating income and net profit of CITIC Securities, Guotai Junan and Guangfa Securities all ranked in the top three, and CITIC Jiantou achieved a net profit of 9.509 billion yuan, ranking fourth, with an increase of 72.85%, which was the largest among the head brokers.

Market correction, 1 month turnover trillion. Last week, there was a sharp correction in the market. The Shanghai and Shenzhen 300 Index fell 3.9 1%, the Growth Enterprise Market Index fell 6.83%, and the Shenwan Third-Class Securities Index fell 5.6 1%. Market volatility increased, shock consolidation. In terms of volume, last week (65438+1October 25th-65438+1October 29th), the average daily turnover of the two cities was 1.00 trillion. The market was not as hot as at the beginning of the month, but the average daily turnover of 65438+1October reached/kl.

Not all brokers are endless. Internet brokers' Oriental wealth has been rising continuously, which is a relatively large increase among brokers.

It is very normal for securities stocks to continue to fall.

The reason for this is the following：

Reason 1: As the mainstream of the current A-share market is not brokerage stocks, but group stocks, brokerage stocks have been left out of the market.

This means that the current funds and popularity are in group stocks, not in brokerage stocks at all. Without funds and popularity, it is very normal for securities to rise and fall.

Reason 2: Because there are too many retail investors in brokerage stocks and too many retail investors in securities stocks, will institutions help retail investors sit in sedan chairs? The answer is absolutely impossible, and the organization is absolutely impossible.

Another point is that there are too many retail investors lurking in securities, and institutions do not have cheap chips. How did they rise? Do they rely on retail investors to promote brokers?

Reason 3: Because securities stocks continue to fall, in addition to the above two reasons, the third reason is that the rising cycle of brokerage stocks is not the right time, and the brokerage stocks are very cyclical.

Moreover, the market is still in the adjustment cycle, and it is very normal for brokers to adjust with the market and fall endlessly.

The combination of the above three factors is the real reason why securities stocks have been falling and not rising.

As a result of internal and external collusion, brokerage stocks are the coordinates of the stock market. The collective decline of the brokerage sector indicates that the stock market has insufficient development potential and should be adjusted. However, holding a group to keep warm has caused some illusions, such as raising the stock index instead of raising the stock, deliberately disrupting the order of the stock market and creating chaos. Institutions can make profits by shorting, while retail investors can only make profits by doing more. There is something wrong with this trading rule itself. Fair bidding and fair treatment of trading rules can convince the people. While allowing retail investors to enter the investment market, it must be right to drive retail investors away with practical actions, but which one is right? I don't know, but wisdom lies in who is the leek and who is the reaper. Why do most retail investors fall as soon as they buy it? Will it go up as soon as it is sold? Backstage, Eye of the Sky and big data are all in the hands of some institutions and some people. It has always been unfair. How do your retail investors win?

There is no plate that only falls but does not rise, and the rotation of the plate has not yet reached the brokerage firm, so why don't I go to the brokerage firm and kick it to the main institution? Why! ! They gave me the answer, let me listen to the views of major institutions on brokers!

1. We also want to promote brokerage business. We are all cutting our own flesh and degenerating, but some people won't let us promote it. Yes, in fact, we promoted brokers in June 5438+February, but it didn't continue to be promoted. Obviously, someone suppressed the brokerage sector, prevented it from rising and prevented us from promoting it. Maybe the management thinks that the index rises too fast, which is easy to produce bubbles, and then falls quickly, and everyone is easy to collapse! Brokers are now the key to the stability of the index dimension.

2. There are too many retail investors in brokerage firms to dare to pull up, so they slowly open lower and fluctuate. Indeed, our big data shows that the retail investors of brokers are above 80%, and most of them are waiting for brokers to take off. Because the continuous turnover is trillions and the market is hot, I just don't pull brokers until your retail investors cut their meat. This is my strategy, a necessary skill for a strong main organization!

3. We have been spreading the news in cooperation with institutions and big V. Brokers are pioneers in the bull market, and this wave will rise to 5000 points. Brokers are taking the lead. In fact, we just want to find a takeover. Many people are wondering whether you will lose money with such a decline. Haha, don't worry, the cost of our main organization is lower than you think, and we won't lose even if you lose. Besides, we have a large amount of money and can pull it up at any time, and we are not afraid at all.

4. After the adjustment of 1 1. 1 for three months, we have the impulse to pull brokers, but now it is the Spring Festival, and the walkers have all taken the money. It's no use pulling it up now. There is less money in the market, and it is useless for brokers to pull. The reason for the recent decrease in trading volume is that everyone is holding a wait-and-see attitude towards capital entering the market.

1. There are many retail investors, so it needs to be shaken again.

2. Some people are pressing, not letting brokers pull, and maintaining the stability of the index.

There is a lot of money before the holiday, and the turnover is shrinking, which is not an opportunity for the time being.

4. The post-holiday registration system came and was lifted after the holiday.

Then the friends will know what the cost price of the main agent broker is. Welcome to comment. I saw that the main agency cost was negative before!

Is it normal for securities to keep falling? Existence is reasonable, and it is normal for securities to continue to fall, but there is also some helplessness behind this normality.

Securities stocks continued to fall. Securities is the forerunner of the stock market, and the start of a round of market can not be separated from the charge of securities. However, investors who hold securities stocks now have unspeakable helplessness. The market index keeps hitting new highs and the trading volume is also running at a high level. The performance of securities is increasing, but the stock price of securities is like a kite that has fallen off the line, falling every day. The securities bought at 3000 points were trapped at 3600 points, and they really made an index, but they didn't make money. Some securities stocks fell continuously from the high level, which made investors holding securities stocks want to cry.

Have securities stocks been abandoned by the market? The answer is definitely not. Securities stocks are strong cyclical stocks. The poor performance of the bear market is understandable, and the performance of the bull market is inexplicable. In fact, this is Mr. Market suffering investors. Securities stocks have been in a bull market, so there are many retail investors, and the main force is to let retail investors cut their meat and finance. Securities stocks are very attractive. As long as the securities rise, the index will rise sharply, which does not meet the requirements of slow cattle and can only be a low-key behind-the-scenes hero to adjust the index. The longer you suppress, the more resilient you are. If you fall, it will be an opportunity. Investors who hold securities and stocks will still suffer losses. I believe that the market will never kill by mistake. Remember your initial heart and keep your chips. When spring blossoms, there will be wonderful returns.

The main reason why securities do not rise is the risk of equity pledge. Before 20 18, securities companies pledged a large number of shares, and the average equity pledge amount in the securities industry was 30% of the net assets. With the implementation of the registration system, a large number of companies' performance broke out, and securities companies also faced huge asset impairment. For example, in the first three quarters of 2020, the assets of CITIC Securities were impaired by 5 billion, which dragged down the company's performance and naturally affected the stock price performance.

Oriental Fortune and CITIC Construction Investment have performed well in the past two years, with little equity pledge and no risk of asset impairment, so they are naturally favored by capital.

The good news is that since 20 19, securities companies have greatly reduced their equity pledge, which has now dropped to about 20% of their net assets. It is expected that there will be good performance after the risk is reduced in the later period.

Normal, not only securities, but also other small and medium-sized stocks have been falling.

Some people say that if the performance is good, it will not fall, but will rise. Many small and medium-sized stocks in the annual report performance increased significantly, but also declined. Does BYD, whose performance has been on the rise in recent years, also have the experience of not rising and shocking the bottom of the market for many years?

It does not mean that the stock price will definitely rise if the performance is good, nor does it mean that the stock price will definitely fall if the performance is poor. This is not necessarily related. This is why we can see the negative news of Tianqi lithium industry, but its share price has soared several times. China Ping 'an has a good fundamentals, but it has fluctuated sideways for a long time.

At noon today, I saw another big V with hundreds of thousands of fans published an article "Taking history as a mirror, when do brokers usually start". I experienced a bull market of 20 13-20 15. At that time, brokerage stocks were indeed the leader of the bull market, but they are not what they used to be. Don't carve a boat for a sword when making stocks. At that time, the media was not so developed, and there were few people advocating online, so it was not a climate, and retail investors were fighting in their own way. Throughout 2020, experts' madness about the securities sector led to a large number of retail investors entering the sector. I talked to several fans recently, and most of them hold the securities sector. You're welcome to say that the proportion of retail investors in the securities sector is estimated to be comparable to the peak period of 2065438+June 2005.

In this case, if you are the main fund, will you explode the stock price? I'm sure you won't The main force will not do such a thing as pulling up and letting retail investors run.

Therefore, there is no hope for the securities sector in the short term. Even if the index goes up again, it is estimated that this plate will still fluctuate sideways. By the end of the bull market, the main funds will start this sector and catch up with the top.

At present, the brokerage sector is very weak. The key is that some stocks are short-selling in the low position. Why do they increase the intensity of short selling at a low level? No one can know the investment ideas of short-selling funds.

Personally, I think this is related to the popularity of brokers. Brokerage has always been a hot plate in the market. Once attracted by big funds, it will attract a lot of funds if it comes out of a wave of market. In addition, brokers and bank insurance have a certain linkage. The market value of bank brokerage insurance is huge. Once the collective rises, there will be a lot of money to participate in speculation, and new hot spots will appear in the market. This means that a large amount of funds will flow out and the stock price will face enormous adjustment pressure, which is the last thing the group funds want to see.

The money earned by brokers is also money, and the money earned by liquor is also money. It is impossible to make money from liquor, but all the money earned by brokers is waste paper. Liquor can continue to rise, and brokers can continue to fall. The deviation between brokers and liquor new energy trend is that institutions embrace liquor new energy, while brokers are not deeply involved.

The price-earnings ratio of liquor is more than 60 times, which is obviously a bubble. In the future, the average annual growth rate of liquor will not reach 10%, and only the head enterprises can exceed 10%. Can liquor still go up? Even if the organization is tough, the higher the stock price, the greater the risk behind it. In fact, institutions are willful and dare not continue to raise the stock price. Now they just want to smash financial stocks such as brokers, causing market panic, and everyone will speculate on shares.

I am very optimistic about the future trend of securities firms. The performance of brokers has grown well in the past 20 years, and it will not be too bad in the future. Even if the IPO slows down slightly, the scale of refinancing and bond issuance is still very large. In addition, the current trillion-dollar turnover will also bring good commission income to brokers. The two financing funds are at a high level, and the interest income of brokers is also quite a lot.

The above are only personal opinions and do not constitute investment advice.