.lā

"Divergent market?" Yao Shuliang was not sure.

"Differentiation. Zhou Minghai said calmly.

Everyone looked at each other and smiled, showing a high tacit understanding.

"So I'm comfortable here. Wang Nuo also sighed in his heart, after a few months of cooperation, his experience and professional analysis ability were learned from Zhou Minghai and Yao Shuliang, how can everyone's perception of the market not be at the same frequency?

So whenever an important research report is needed, Wang Nuo is now beginning to find that his views will be consistent with the ideas of Zhou Minghai and Yao Shuliang.

The differentiation of the market, that is, some stocks rise, some stocks fall, reflected in the index is the mutual impact factors to cancel out, and the index fluctuates.

Wanli Securities did give Wanli Research Institute a certain amount of room for operation, that is, they only asked for bearishness, and there were specific targets for targets throughout the entire market, from weighted blue chips to small and medium-sized enterprises.

As a result, Wang Nuo and they have room to operate, and they can pick out specific cases in the direction of the bearish market.

This is likely to be the company's decision to see that Zhou Minghai must be on the list, so the range of propositions given is broader, which is actually an improvement in treatment.

"The proprietary department wants to build positions in ordinary stocks, and the asset management department prefers to weight blue chips, with the former doing long-term and the latter taking the short-term. Zhou Minghai flipped through the information and saw at a glance that the direction of the company's self-operated and asset management departments was different.

"Compared with the price of this month, the market has risen by nearly 6%, and the overall diving of ordinary stocks, more than half of the individual stock prices are lower than the month, and the overall average price has also fallen, and the weight of the blue chips has not given the corresponding decline in the market after the first rise, from another point of view, the weight of the blue chips can be regarded as protecting the ...... of the market"

Wang Nuo said that he wants to do stock index futures, and there are only three kinds of stock index futures in China, and each one is almost for a weighted blue-chip index, so he is very clear about this.

This year, the stock market is first up and then down, when it rises, the weight of blue chips leads the rise, driving the market up, when it falls, the weight of blue chips does not give the corresponding decline, so that the market will not go deeper to the bottom.

This is the market divergence, and at the end of the year, the situation is more interesting.

There is a lot of pressure on funds in the market, and many large and small funds have chosen to take profits and consolidate their earnings, coupled with the migration of funds to the futures market and the increase in the proportion of dormant accounts, which have directly brought interesting changes to the market.

The strong are always strong, and the weak are always weak.

The downside probability of heavyweight stocks has decreased, the downside space has narrowed, and the downside probability of ordinary stocks has become larger and the downside space has been enlarged, but in the medium and long term, ordinary stocks are now at the time point of bottoming, and the medium and long-term can be expected to choose good stocks.

On the contrary, the weighted blue chips are not suitable for the long-term, and are only suitable for the short-term New Year's Eve, which is the ending.

Therefore, whether it is the proprietary department or the asset management department of Wanli Securities, the bearish stock market is because it is optimistic about the stock market, and the so-called bearish is actually to give the bottom of the volume.

Wang Nuo doesn't look at the long-term at all, and the long-term research report is not his job content, from the short-term point of view alone, it is a very safe choice to be bearish on ordinary stocks.

A sentence of market differentiation directly determined the core content of the December research report, Wang Nuo, Zhou Minghai and Yao Shuliang discussed it, and soon made up their minds.

In the second half of the following November, the work direction of the research office directly leaned on ordinary stocks, and Wang Nuo, who wanted to do stock index futures, needed to let Yuan Rongxin and Ye Yaohua pay more attention to the trend of weighted blue chips.

When the two sides are combined, the analysis of the entire stock market is focused, and all kinds of data are gathered to form a chart that predicts the trend of the stock market.

Time spent collecting data and analyzing the market, without an honest pen, Wang Nuo is more into a state of learning, and Zhou Minghai, who does not need to be involved in the roadshow, is full of firepower, allowing Wang Nuo to see why a person with a low education can become the chief.

Zhou Minghai, who is fully engaged in his work, is terrifying, in half a month, Wang Nuo is almost about to be hit by confidence, just a quantitative model, Zhou Minghai can pull out ten or eight, any stock data is said, Zhou Minghai can throw it into his own model, giving a positive probability.

How a successful securities analyst should work, Zhou Minghai fully interpreted, and his style is also very appetizing to Wang Nuo, that is...... Bad.

I think it's going to be like that, I'll give the research report anyway, I don't care who's talking crookedly anyway.

Relying on this kind of self-confidence and momentum, coupled with strong strength support, Zhou Minghai was able to make it to the annual analyst list of the World Financial Exchange, but he was not on the list before, and not many people read the public research report, but now that he is on the list, this style is not a good thing or a bad thing.

Saturday, December 1st.

The analyst rankings published by the World Financial Exchange are in December, and it doesn't care whether the 1st is a weekend or not, anyway, the rankings will be published at the point, and if the analysts on the list have enough scandals to revoke the rankings, they will be withdrawn before the rankings are determined in January.

Zhou Minghai ranked 29th, which was a surprise to everyone.

The news he got made Wang Nuo feel stunned, because the stock market fell in the third quarter, which led to mistakes in many funds, which also caused many analysts to lose the votes they originally get, and then ...... Zhou Minghai was originally ranked from 0 to 50, but he actually squeezed into the top 0.

It was a bonus, but it was also a powerful pressure.

There is an inertial perception of analyst rankings in the circle, and the champions, top three, top ten, top thirty, top fifty, and top 100 are all on the list of the same grade, and the champion is even if it is a dog, and the annual salary is more than one million.

The top three and top ten are also star analysts, the top 30 are the elite of the elite, and the top 50 and the analysts on the list don't pay much attention, but the qualifications are much better, and the names are changed frequently.

Basically, except for headhunters, no one remembers the names of the bottom 30 analysts...... It's not a problem to be familiar.

The problem is that Zhou Minghai's academic qualifications are scum, and he rushed to the top 30 with much fewer votes than last year, and among the people who were squeezed down by him, there were many well-known analysts from large brokerage research institutes such as Tyrone, and it was destined that the qualifications would be questioned.

To question and pay attention first, open the research report of the Stock Market Research Office of the Securities Analysis Department of Wanli Financial Research Institute, and the problems that Tao Hui, Zhou Minghai, Yao Shuliang and other people have been ignoring have become very conspicuous.

In the past six months, in the public research report of the research office, the proportion of Wang Nuo's signatures is about 70%, although it is a joint signature, but ...... How long has it been since I got my bachelor's degree?

How can such a team rank 29th among all sell-side analyst teams in China?

The energy of the honest pen turned from negative to positive, just in time for the release of this research report in December.