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Thread: Stock Market S&P 500 Fair value calculation
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Old 08-20-2022, 03:50 PM
melpetezrinski melpetezrinski is offline
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Originally Posted by Babubhat View Post
Irrelevant on a short term basis. It’s about money flow, algorithms and technical analysis. Earnings are a wild card in this environment. Plain old guessing
So, you trade/invest on technicals rather than fundamentals. That's great, it's certainly a valid approach and probably advisable, since you think, "earnings are a wild card". I try to incorporate both, as I have a financial background and like to use DCF models to give me some idea of corporate financial health. What are the technicals telling you? Are we in a new bull market or just a bear market rally? I strongly believe the latter.