Why can't bank stocks go up?
The P/E ratio of bank stocks is very low, and the growth rate is above 30% or even 50%. Very profitable, and the stock price is fully adjusted. Both the weekly K-line chart and the monthly K-line chart are beautiful bottoms, but why can't their share prices rise? ? 0? No matter from the technical or fundamental analysis, bank stocks are the best investment targets, but why can't bank stocks rise? ? 0? I personally think that "expectation" is the fundamental reason why bank stocks can't rise for the time being! ? 0? Banks are the king of all trades, which are closely related to the economy and all walks of life. As soon as the policy changes, banks will be affected first, especially for us investors, when the economic growth slows down slightly, we are worried about bad debts of banks and a slight decline in real estate. We are more worried that the performance of banks will be affected, and the manufacturing industry and foreign trade will decline slightly. We are also worried that the money lent by banks will not be recovered, and investors are even more worried that banks have lent a lot of money to local governments, which are generally strong and corrupt. The "expectation" of not paying back and when it is still unknown has always restricted their share price, and they can't attract a lot of money to stay in it for a long time, or they all take it and leave! ? 0? In 2006 and 2007, banking stocks may rise by 10 times. Why? ? 0? Because the economy was very good in 2006 and 2007, not only the real estate boom, but also the manufacturing and foreign trade industries. All walks of life have made money, making a lot of money. In the midst of prosperity, it is natural for bank stocks to soar! ? 0? And when will the bank stocks that have lost money for many years rise? ? 0? Personally, I think that bank stocks can only rise after the economy really bottoms out. ? 0? At present, the valuation of bank stocks and the full adjustment of stock prices have reflected the most pessimistic economic trends and expectations. Even if you can't afford to go up temporarily, the chance of falling is very small. Looking ahead, bank stocks can double up and lead the stock market back to the bull market! ? 0? However, bank stocks do not meet my stock selection criteria. If they don't meet my standards, no matter how attractive the share price is, I won't vote for 100 shares.