Traditional Culture Encyclopedia - Almanac inquiry - Why not use heavenly stems and earthly branches to forecast the stock market?
Why not use heavenly stems and earthly branches to forecast the stock market?
Because heavenly stems and earthly branches's prediction of the stock operation mechanism can't prove that it can provide investors with real market profits, and investors can't really understand the operation mechanism of the stock market, the CSRC requires investors to abide by the provisions of the Securities Law and refuses to use heavenly stems and earthly branches to predict stocks. The so-called "stem and branch forecast" is a technology based on China traditional culture, which uses many factors including month, season, quantity and price. Compare and review today's market price with the seasonal time series composed of heavenly stems and earthly branches (according to China's classical calendar), so as to judge the possibility of future stock performance; However, the CSRC said that heavenly stems and earthly branches's behavior of predicting stocks violated the Securities Law. According to the provisions of the Securities Law, investors should follow the principles of "recognition, rationality, prudence and prudence" when investing in securities, including clearly understanding the investor's risk-taking ability, and on this basis, timely and transparently confirming various investment behaviors, conforming to market rules and the principle of value discovery, and conducting cautious and prudent investment behaviors; In addition, the CSRC also stated that "investors should not only be prohibited from using heavenly stems and earthly branches to predict stocks, but also strictly manage the media, especially online platforms, and it is forbidden to report, publicize and advertise such behaviors."
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