This week's fund holdings analysis:
As of June 29, Luo Ji Family and Friends Fund Portfolio rose and fell 2.63% this week, weaker than the weekly decline of 0.97% in the CSI 300 Index. There was a general decline on Thursday, Tianhong CSI 300 ETF Connect A (000961), Tianhong Hang Seng Technology Index (QDII) A (012348), ChinaAMC CSI 500 Index Enhanced A (007994), Wanjia CSI 1000 Index Enhanced A (005313), E Fund SSE Science and Technology Innovation 50 Connect A (011608), ChinaAMC ChiNext Growth ETF Connect A (007474), Bosera SSE Science and Technology Innovation Board 100 ETF connects with the seven major index funds of A (019857) for regular investment, and has invested a total of 2+% of equity positions this week, with 88.15% of the equity assets and 11.85% of the fixed income assets of the Luo Ji Family and Friends Fund as of this Friday.
This week, the growth was weaker than the weight, and the growth-oriented Luo Ji Family and Friends Fund portfolio underperformed the CSI 300 Index again. The signs of bottoming out are still plausible, and the last ammunition has not been shot out, waiting for more detailed data to refer to whether the bottom has been reached, in fact, the probability of bottoming out can only be really confirmed on the left side after the fact, and the reference significance is greater than the transaction significance.
Outlook on the market:
See the bottom of the three elements:
1. Large-scale long legs.
2. Financial index change protection.
3. Northbound funds continued to buy net.
On Friday, only northbound funds bought A-shares were relatively in line with the point, but it remains to be seen whether northbound will change due to exchange rate issues. Other factors such as large and long legs, financial index changes are not yet obvious, and even many indices have long upward leads today, which will still test the market next week. I think that although it has not yet bottomed out, it is now relatively close to the bottom, and it will be difficult for the major indices to fall below the lows of January, depending on whether they will continue to fill the gap next week, or stand firm in advance. These can only be observed in the intraday.
At this time, I think that no matter how good the judgment is, it is better to spend more energy on implementation, after all, it is a pain to see that it cannot be done.
Market outlook:
Fixed Pitching Conditions:
1. Time fixed investment, once a month.
2. Space regular investment, below 3,000 points on the Shanghai Stock Exchange, continuous weekly fixed investment.
3. Panic Greed Regular Investment (Emotional Regular Investment) Panic Greed Indicator below 10, continuous weekly regular investment.
The market continues to trigger the regular investment conditions, so it is better to continue the weekly fixed investment, but according to the market falls more or less to determine the proportion of weekly regular investment, less fall is normal regular investment, more fall is more regular investment efforts, so that the market judgment is more suitable for ordinary investors.
The above are today's market notes, which are only used as personal daily reflections on the market and are not intended as trading advice. Investment is risky and should be traded with caution.
I focus on indexed investment, advocating the theory of stock market cycles and comprehensive allocation. Daily update of A-share review logs and fund real trading notes. The above content is only a testimony of the unity of knowledge and action in your own investment, and friends who are interested in indexation investment are welcome to leave a message or pay attention to not get lost.