they do good fundamental research. I think where technicals come
in is timing your entries and some exits. I look at their picks,
some technically look good when they put out and some I would not
buy at that time because the chart needs work.
for longer term investing/trading I think one should marriage
both technicals and fundamentals, not one of them alone. If you
like the fundamentals.balance sheet - then that give you conviction
to keep what I call a 'core' position, however you can use
technicals / charts to time your entry and at times 'peel' some
shares off when things look ripe for a pullback or the market looks
like it's going to take a dump such as when one of the daily SPX
DVT's are hit with the intention of buying it back at better prices
by, once again using the chart to time. Plenty of Fool picks
had very sharp corrections during that Feb/Mar time frame, why ride
that down, best to be able to time some exits to take profits in
late Feb then buy the shares back after the sharp correction in the
market had vs buying and holding and forgetting. I mean if you are
not willing to time anything with charts, then why even look at
technicals, just be like the masses, buy and look at it your
positions once a quarter.
Also remember this year everything looks good since the Mar
bottom because of how all stocks have risen so much since the Mar
lows, so any stock picks after that from really anyone are mostly
way up
My friend and I have this argument all the time. He really
follows the Fool to a tee and hardly ever sells. I really try
not to sell my taxible core holding (sell calls against big gains)
and use the IRA/401K for the big swings. Anyone can feel like
a genius in a bull market like this, but I know there will be a
reckoning.
yes i couldnt say any better. tsla is a great example of
where the technicals and bpt has ruled! the difference is
that they rarely sell their picks so they have a very long long
time horizon.
my one, not sure what to call it, annoyance I have with the
Fool's is that they have put out tons of articles on the so called
'random walk' where they try to totally debunk technical analysis,
saying it's all crystal balls and made up stuff from fortune
tellers. They say there are no repeatable patterns and anyone
drawing trendlines or looking at RSI are just seeing patterns where
there are none, which is called Apophenia. In fact they are
overly aggressive at trying to point out how Technical Analysis is
BS, which erks me and I'm sure a few of you as well. Again I take
NOTHING away from their fundamental research, by there's no reason
to attack technical analysis the way they do. Most of you
know who have looked at 1000's of charts, it's obvious there are
repeatable patterns and you can roughly guess what a stock or index
may do short term based on the chart. If the SPX sells off 10
days in a row, is it really voodo science that odds favor a bounce?
that's just common sense. If a stock has repeatedly hit $10 and
pulled off that price 4 times over the last 3 months, is it voodoo
science that you could call $10 a resistance level?
yes and new recs coming out today, i also have their rule
breaker service. once they come out i run my proprietary scan
and chart on it and buy if it makes sense.
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same here. I'm up over
zs, crwd, estc all up +8% on earnings, all motley ...
Posted by kalkgrun on 3rd of Dec 2020 at 10:05 am
same here. I'm up over 70% on the year mostly on the Fool picks.
they do good fundamental research.
Posted by matt on 3rd of Dec 2020 at 10:16 am
they do good fundamental research. I think where technicals come in is timing your entries and some exits. I look at their picks, some technically look good when they put out and some I would not buy at that time because the chart needs work.
for longer term investing/trading I think one should marriage both technicals and fundamentals, not one of them alone. If you like the fundamentals.balance sheet - then that give you conviction to keep what I call a 'core' position, however you can use technicals / charts to time your entry and at times 'peel' some shares off when things look ripe for a pullback or the market looks like it's going to take a dump such as when one of the daily SPX DVT's are hit with the intention of buying it back at better prices by, once again using the chart to time. Plenty of Fool picks had very sharp corrections during that Feb/Mar time frame, why ride that down, best to be able to time some exits to take profits in late Feb then buy the shares back after the sharp correction in the market had vs buying and holding and forgetting. I mean if you are not willing to time anything with charts, then why even look at technicals, just be like the masses, buy and look at it your positions once a quarter.
Also remember this year everything looks good since the Mar bottom because of how all stocks have risen so much since the Mar lows, so any stock picks after that from really anyone are mostly way up
My friend and I have
Posted by kalkgrun on 3rd of Dec 2020 at 11:11 am
My friend and I have this argument all the time. He really follows the Fool to a tee and hardly ever sells. I really try not to sell my taxible core holding (sell calls against big gains) and use the IRA/401K for the big swings. Anyone can feel like a genius in a bull market like this, but I know there will be a reckoning.
I used to write for
Posted by brophy on 3rd of Dec 2020 at 11:18 am
I used to write for the "Fool" and felt they were just eternally bullish. Even in dangerous markets.
Charts
Posted by mrjasongill on 3rd of Dec 2020 at 10:25 am
NVDA https://www.tradingview.com/x/hRu8rCuq/
ZM https://www.tradingview.com/x/jHGame8V/
WORK https://www.tradingview.com/x/fnuMSVV7/
More motley fool ideas that look like decent buys here...
yes i couldnt say any
Posted by morton7 on 3rd of Dec 2020 at 10:23 am
yes i couldnt say any better. tsla is a great example of where the technicals and bpt has ruled! the difference is that they rarely sell their picks so they have a very long long time horizon.
my one, not sure what
Posted by matt on 3rd of Dec 2020 at 10:32 am
my one, not sure what to call it, annoyance I have with the Fool's is that they have put out tons of articles on the so called 'random walk' where they try to totally debunk technical analysis, saying it's all crystal balls and made up stuff from fortune tellers. They say there are no repeatable patterns and anyone drawing trendlines or looking at RSI are just seeing patterns where there are none, which is called Apophenia. In fact they are overly aggressive at trying to point out how Technical Analysis is BS, which erks me and I'm sure a few of you as well. Again I take NOTHING away from their fundamental research, by there's no reason to attack technical analysis the way they do. Most of you know who have looked at 1000's of charts, it's obvious there are repeatable patterns and you can roughly guess what a stock or index may do short term based on the chart. If the SPX sells off 10 days in a row, is it really voodo science that odds favor a bounce? that's just common sense. If a stock has repeatedly hit $10 and pulled off that price 4 times over the last 3 months, is it voodoo science that you could call $10 a resistance level?
yes and new recs coming
Posted by morton7 on 3rd of Dec 2020 at 10:12 am
yes and new recs coming out today, i also have their rule breaker service. once they come out i run my proprietary scan and chart on it and buy if it makes sense.