Consumer stocks suddenly collapsed, should I get off?
The broader market seems to have no intention to challenge the previous highs at all, and various indexes fell across the board yesterday.
Among them, the Shanghai stock index fell 19.82 points to close at 3,384.98 points, a decrease of 0.58%, and the 3400 point round fell again.
After the GEM released a huge volume on the 2nd, the volume adjusted yesterday, and the GEM index fell by 0.90%.
However, what attracted more attention yesterday was not the decline of the market, nor the hype on the GEM, but the consumer stocks, which were on the bull market, which suddenly collapsed yesterday.
Some time ago, no matter how the market fell, no matter how crazy the low-priced GEM stocks were, there was a class of stocks that was always going for a long time.
Such individual stocks are consumer stocks.
For example, the condiment leader Haitian Flavour Industry has continued to rise, with a total market value exceeding 600 billion yuan, surpassing Sinopec in one fell swoop.
But yesterday, Haitian Flavour Industry plummeted 6.79%, and the trading volume was significantly enlarged.
Qianhe Flavor Industry in the same sector fell 8.36% yesterday, Zhongju Hi-tech fell 8.22%, and Tianwei Food, ST Jiajia, etc., all experienced significant declines.
In addition to the condiments sector, Chinese medicine stocks in consumer stocks also experienced changes yesterday.
In the early stage, Chinese medicine stocks suddenly soared, and the market has paid more attention.
As a result, after Pien Tze Huang once rose by nearly 8% yesterday, it suddenly plunged, and fell nearly 7% in the afternoon, and finally fell 2.54%.
Consumer stocks have always been known for their steadiness, but volatility as sharp as yesterday is still rare.
So, a friend around me was asking if the consumer stocks suddenly collapsed, did the sky change, or should I get out of the car?
Similar problems are encountered almost every year.
However, there seemed to be more friends who had this question yesterday than before.
In fact, stocks like Haitian Weiye, Zhongju High-tech, and Pien Tze Huang are all super bull stocks.
Both Haitian Flavour Industry and Zhongju High-tech Industries have experienced rapid growth for 4 consecutive years, and the annual growth rate is not small.
And Pien Tze Huang, the annual closing of the year for 6 consecutive years.
Why did a drop yesterday cause so many people to pay attention, and so many people want to get out of the car?
It feels like a lot of people in the car.
Perhaps, because there are too few people who usually pay attention to them.
Because the daily fluctuations are so small, almost no one looks at it.
In the past two years, there may be more people watching Haitian Flavour Industry, but you said, how many people will go to Juh Gaoxin?
But it is these bull stocks that no one usually looks at, but they can bring stable income to investors every year. If you must ask me, what should I do now for these stocks? I obviously dare not say that I should buy it. However, if time can be reversed, then every stage of adjustment may be the time to get on the bus. (Zhang Daoda)