There are ONLY 2 things that matter for prices. 1. How
much money is available 2. How much of that is willing to be
invested. The charts illustrate supply and demand
levels.
Great seeing this reply. Steve shares some great nuggets of
wisdom here. You can refer to them again and again.
There is an old saying that I like as well and not sure who said
it "Fundamentals tell you WHAT to buy, Technicals tell you WHEN to
buy it". Last part of the equation that I think is paramount in
importance that Steve touches on again and again here is simply
"Have a plan and implement it accordingly"
Finally, I believe someone has to have very strong belief in
what they own or the plan they are implementing or it becomes tough
to stick with it. This comes over time with experience.
I would simplify this even more ... there's only one thing that
matters to the market ... THE FED ... ;) everything
else is secondary and a sideshow in the grand scheme of
things
Simple analysis on markets: There are
Guess I'm confused as to why the markets are going ...
Posted by steve on 7th of May 2021 at 10:40 am
Simple analysis on markets:
There are ONLY 2 things that matter for prices. 1. How much money is available 2. How much of that is willing to be invested. The charts illustrate supply and demand levels.
Great seeing this reply. Steve
Posted by fundamentalvalues on 8th of May 2021 at 08:11 am
Great seeing this reply. Steve shares some great nuggets of wisdom here. You can refer to them again and again.
There is an old saying that I like as well and not sure who said it "Fundamentals tell you WHAT to buy, Technicals tell you WHEN to buy it". Last part of the equation that I think is paramount in importance that Steve touches on again and again here is simply "Have a plan and implement it accordingly"
Finally, I believe someone has to have very strong belief in what they own or the plan they are implementing or it becomes tough to stick with it. This comes over time with experience.
I would simplify this even
Posted by mla127 on 7th of May 2021 at 11:38 am
I would simplify this even more ... there's only one thing that matters to the market ... THE FED ... ;) everything else is secondary and a sideshow in the grand scheme of things
Thank you everyone for your
Posted by rmoore100 on 7th of May 2021 at 11:34 am
Thank you everyone for your explanations and comments. I certainly appreciate it !!!!