IBD reputation has been seriously sullied in recent years. Gil
Morales, a disciple of William O’Neill, mocked IBD‘s
“follow-through“ methodology not too long ago.
While fundamental analysts, and investors, focus on earnings
growth/decline, and valuation relative to growth rate, capturing
alpha with a divergent view relative to the consensus, it seems
that technical analysis better captures the equally important (more
important?) aspect of how much liquidity is in the system, and what
portion of that liquidity wants to be risk-on.
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IBD reputation has been seriously
A follow-through day according to IBD. I'm not sure I ...
Posted by te22 on 29th of Mar 2023 at 10:44 pm
IBD reputation has been seriously sullied in recent years. Gil Morales, a disciple of William O’Neill, mocked IBD‘s “follow-through“ methodology not too long ago.
While fundamental analysts, and investors, focus on earnings growth/decline, and valuation relative to growth rate, capturing alpha with a divergent view relative to the consensus, it seems that technical analysis better captures the equally important (more important?) aspect of how much liquidity is in the system, and what portion of that liquidity wants to be risk-on.