Spring is in the air, and I took my family to the park over the weekend. It was our first time visiting the park this year. However, the market today was still affected by the impact of the early morning US stock futures triggering a circuit breaker, and it did not recover. The market is like a fan, it rises on Friday and falls sharply today.
In recent days, the pattern of the US dollar rising and other currencies falling continues. It seems that in order for the A-share market to truly stop falling, it still depends on the overseas market stabilizing first. Today's trading volume in the A-share market was less than 700 billion, and the trading volume has shrunk compared to before. If this continues for a period of time, it can be considered as the bottom. However, it still needs confirmation at the moment.
Today, I heard someone talking about the AI Powered Equity ETF. This ETF was launched on October 18, 2017, and was the world's first ETF to use artificial intelligence for investment. It was once very popular, but looking at its performance up to today, it seems that it has not been able to escape the downturn. Countless fallen leaves are falling, and the Yangtze River keeps rolling in. No matter how dazzling you used to be, alien intelligence is useless in a downturn. It is true that you should not go against the market, not even a little bit.
(Source: Futu NiuNiu)
The AI Powered Equity ETF shares the same fate, but my simulated portfolio seems to have a better mindset~~~
Portfolio 1 has no movement at all, still holding Shenzhen Properties A and Far East Horizon. In Portfolio 2, I sold Far East Horizon in the afternoon before the market closed, and only held Shenzhen Properties A. Shenzhen Properties A didn't fall much today... (Nowadays, not falling is a victory)
Surprisingly, in Portfolio 3, I bought Kanghui Pharmaceutical in the morning... Fortunately, it also had a large drop at the close. Looking at the market, it seems to be stabilizing (the bottom, can't fall any further?)
When will my real portfolio start...?