The stock market is like a sea, and the tide rises and falls.

The price is only the embodiment of the market consciousness, and the consciousness is chaotic and can be influenced.

The stock market is not so much a capital market as a spiritual gladiatorial arena, where whoever dominates thinking dominates prices.

For the main force, opening a price and then letting the market recognize it is the eternal law of manipulation.

China's stock market is also an immature market, retail investors and small and medium-sized investors are the decisive factor, they are very unprofessional only look at the big indices of the Shanghai and Shenzhen markets, and rarely pay attention to the three values of IF, IC, IH, so when the Shanghai and Shenzhen indices rise, the stock market is up, the Shanghai and Shenzhen indices fall, the stock market is down.

There are very few investors who think about the frequency of price adjustment of all stock prices in the stock market, and they are all professional institutions.

The current situation is that the rally has risen and stabilized, as for the big blue chips, it has not kept up...... That's okay at all.

Market psychology seems to recognize the price and direction.

What's even more amazing is that there are no shorts at the moment.

The bulls who have a large number of chips hope that the stock market will rise, but what about the shorts who are short of chips? They don't mind the stock market rising, such as Wanli self-management and asset management, in fact, there are chips, and the stock market is rising significantly, so wait for the opportunity to see whether to clear the chips and make a profit and leave temporarily, or to allocate positions well and participate in this round of the market.

To sum it up in a word: as long as the trend is obvious, big money is absolutely profitable, and they just hate high-frequency ups and downs.

As a result, over the weekend, almost all of the information that insiders saw was advocating that the stock market would rise at the end of the year.

Members of the analyst group, whether they are genuinely optimistic about the stock market or tasked with influencing the market, most of the people who come out to brush their faces are on the side of the bulls.

Only a small number of people will warn of the existence of risks, but they will be pulled out for a few words of ridicule or silence in the midst of bullish rhetoric.

History has proven countless times that going against the odds is the preserve of the lonely.

But...... Professional investment institutions are almost all individuals who are different from the outside, in order to make money, everyone lies without the slightest pressure, who knows how many of these dazzling bullish research reports are lies?

Customized research reports are very important.

If the field of public research reports is a lie-making machine, the non-public research reports customized by the buyer are the places where the real strength is reflected, and some analysts who hardly produce public research reports can make the list because...... Buyers are voting.

Monday the 10th.

At the Wanli Financial Research Institute, there were only three people left in the conference room.

Looking at Yao Shuliang and Zhou Minghai's frowning posture, Wang Nuo also smoked quietly.

In the final analysis, the current façade of the research team is still Zhou Minghai, and he is making decisions about what research report is published.

And now there is a difference of opinion.

The medium-term is optimistic or jointly recognized, but the short-term perception is different.

The direction of Zhou Minghai's argument is that the medium-term is bullish, and the short-term position is wait-and-see.

Yao Shuliang thinks that since the market is good, it would be a good choice to pick some stocks and give a "buy" evaluation.

Wang Nuo's view is ...... Reduce positions, or if you want to increase your positions, you will prefer to operate on large blue chips.

Time is slowly passing, it is already 8 o'clock in the morning, no matter what direction of the research report, everyone can sort out the materials and give the official documents within ten minutes, anyway, Lu Jianming's group of subordinates who do dirty work have already done the foundation.

The difference is the direction, and only the difference in direction will silence the atmosphere.

"Arnold and Ah Liang are almost opposite views, but I seem to be in the middle, and sure enough...... Should Arnold be allowed to go out and become independent?" Zhou Minghai still had a wry smile in his heart when he thought about the problem.

Analyst team, when there is a conflict in style, it is time to part ways, Zhou Minghai thinks that his style is radical, and he can still adjust one or two when he meets Yao Shuliang, who is not stingy, and Wang Nuo, who has been confirmed by the market every time and has a more radical style, he is helpless.

One team, three cores, and the argument of the upper, middle and lower directions is God, if the buyer knows about this situation, maybe the business will be closed immediately.

"As long as the energy does not produce additional consumption, I will definitely use the variables that I have cut with an honest pen, and reducing my position is the best choice at this time. Wang Nuo also sighed in his heart: "But Brother Hai is back, this is his team...... I can't stay under his wing any longer. ”

The right to speak is getting higher and higher, and Wang Nuo's words are becoming more and more weighty, but he is an assistant analyst, and the façade and core of the research team is Zhou Minghai.

There is no third option!

"I can only blame you for growing too fast, and I can't keep up with your growth. Zhou Minghai held a cigarette in his hand and looked at Wang Nuo, speechless for a long time, but his eyes were full of relief.

Wang Nuo also noticed this kind of look, looked at Zhou Minghai, and his heart was full of gratitude.

Half a year ago, it was his senior brother Zhou Minghai who took him into the industry and taught him how to do research and run business.

Half a year later, Wang Nuo's wings finally hardened, but they were so hard that they would stab Zhou Minghai.

This time it just happened to be the moment when the three sides collided with each other, and this situation will come sooner or later, unless ...... Wang Nuo retracted his wings and stopped growing.

Strictly speaking, Zhou Minghai played the role of a father and brother during the period when Wang Nuo began his career path as an analyst, and he taught Wang Nuo the posture of serving a job, but now it may also become a mountain blocking Wang Nuo's progress.

How many masters and apprentices in the circle turn against each other, and a large part of it is this conflict of interests.

Fortunately, Zhou Minghai really likes Wang Nuo, a "kind" and "pure" young man like Wang Nuo, with his character, how can he be willing to suppress it.

"Investment Advice...... Sell!" Zhou Minghai pondered for a long time, and finally spit out the word "sell" from his mouth.

"Brother Hai?" Yao Shuliang wanted to elaborate a few more words, but Zhou Minghai didn't give him a chance, stood up, and walked out of the conference room directly.

"Thirty minutes later, Arnold, you hand over the research report to the buyer, your name is signed by the second author, and Ah Liang is not signed. Before leaving the conference room, Zhou Minghai left what may have been the last instruction to Wang Nuo.

Finally, I'll give you a ride!

This is Zhou Minghai's answer to Wang Nuo, he is not in the way, at this time, he still chooses to help Wang Nuo.

Yao Shuliang was not allowed to sign because Yao Shuliang had different views, and also because this was the last time Zhou Minghai sheltered Wang Nuo.

If it succeeds, the buyer must understand who is mainly doing this research report, and if it fails, Zhou Minghai has to carry it, after all, he is the chief analyst and the first author.

Don't worry to fly, I won't stop you, parting is always inadvertent.