Stock market weekly news - GDP, Japan, YouTube video

Is there more than one way to skin a cat?
Over the many years that I have traded the markets I've studied all most every theory that exists and come to the conclusion that none in its exclusivity gives you sufficient edge over the market. Fundamental Vs Technical Analysis, fundamental analysts try to determine a company’s value by looking at its income statement, balance sheet, and cash flow statements. The problem with this approach is you're relying on data supplied to you that you have no way of knowing if it's accurate or in many cases completely bogus. A case in mind is the Enron accounting scandal of the early 2000s, or Goldman Sachs numerous accounting scandals over the years are all linked by their use of esoteric accounting. I practice technical trading using algorithmic and quantitative techniques to obtain my edge on the market (Renaissance Technologies a hedge fund based in New York City is good case study for those that want to know more). Like it or not it's the world were living in now and to fight it is futile.
 YouTube Video

Logo Fidelibus Lucrum Sml 1The Manager, Fidelibus Lucrum, Pooled Investment Club.