股市有风险，投资需谨慎。 周一市场呈现高开高走的格局，投资者可以看到，早盘沪指高开10点于3900点，创业板高开31点于3153 点，市场高开以后冲高，盘中一路缓慢新高，同步出现分时线高点，市场最高3920点遇阻，盘尾各大指 数坚挺，但两市个股回落明显，各大指数仍然收于全天相对高位区域！最终沪指收涨26点于3917点，创 业板收涨69点于3191点！那么对于这种行情，投资者该如何看待和解读呢？ 资讯所属栏目还有更多独家策划、专家专栏，免费查阅>> 通过今天市场盘面可以看到，两市上涨个股2984家，其中涨幅超过9%的个股110家，涨幅超3%的个股 595家；下跌个股2265家，其中跌幅超过9%的个股17家，跌幅超过3%的个股155家！通过个股数据看， 两市个股略微涨多跌少，收盘对比午盘，各大指数又涨了，但两市上涨个股数量回落500多家，说明指 数虚拉了，个股回落明显了，希望投资者透过现象看本质，不要被指数迷惑了，而今天大涨虚拉指数的 权重个股，尤其大科技权重个股，明天继续强势的概率会很小，以往行情就是大涨虚拉指数一天，然后 要调整几天，或急跌一波，才会有新的契机，投资者务必注意了，不要追涨！ 来自深圳市新兰德证 ...

Market Overview - Multiple semiconductor and technology stocks in the US market experienced declines, with Nvidia's drop reaching 3% at one point. As of 20:24 Beijing time, Nvidia and TSMC fell over 2%, while Intel and AMD dropped over 1% [1] - Other popular tech stocks also saw declines, including Tesla down nearly 0.5% and Facebook down nearly 1% [1] Stock Performance - AMD's stock price was reported at $206.020, reflecting a decline of 7.84% - Intel's stock price was $33.620, down 4.24% - Nvidia's stock price was $180.640, down 3.15% - TSMC's stock price was $277.500, down 1.72% - Other notable declines included Amazon down 2.49%, Microsoft down 1.60%, and Apple down 0.86% [2] Cryptocurrency Market - Bitcoin fell below the $81,000 mark, trading at $80,685, a drop of over 12%. Ethereum and SOL also saw declines exceeding 12% [3] - Over the past 24 hours, more than 420,000 traders were liquidated, with total liquidation amounts exceeding $2.1 billion [4] - The cryptocurrency market is experiencing significant volatility, with analysts suggesting that Bitcoin's price is currently weak and may trend downwards [5]

Core Viewpoint - The article discusses the anxiety among investors in undervalued, high-dividend stocks due to continuous declines in stock prices, leading to doubts about the companies' fundamentals. This situation is contrasted with the rising technology stocks, indicating a significant capital migration towards tech, driven by macro narratives and profit effects, rendering individual fundamentals less relevant [3][4]. Group 1: Painful Roots - Investors adhering to traditional value investing are experiencing extreme discomfort as they watch AI and tech stocks soar while their stable, cash-flowing holdings underperform and even decline [4]. - The contrasting performance between tech stocks and traditional value stocks leads to feelings of loss and self-doubt among investors [4]. Group 2: Cognitive Stratification - The article outlines four cognitive levels of investors regarding market trends: 1. Those who cannot see the trend and remain immersed in value investing, potentially missing out on tech gains [8]. 2. Those who see the trend but are unwilling to act due to risk aversion or fear of high valuations, leading to missed opportunities [8]. 3. Early adopters who embrace the tech narrative and participate in the trend, becoming winners [8]. 4. Latecomers who, driven by fear of missing out, buy into tech stocks at high prices, often at the end of a rally [8]. Group 3: Key Decisions - The most dangerous strategy in the current market is hesitation, which can lead to poor investment choices [9]. - Investors must either embrace the trend early or choose not to participate based on their risk assessments, maintaining a calm mindset [10]. - Late adopters risk buying into a market that has already peaked, becoming the last buyers in a narrative that is losing momentum [11]. Group 4: Conclusion - The article emphasizes the importance of staying within one's cognitive circle and making clear investment choices, whether embracing trends or sticking to value investing [12][14]. - Investors should accept the potential for missing out on opportunities due to their cognitive boundaries while focusing on strategies that align with their understanding of the market [15].