Oftentimes, we’re told to ignore 52-week-lows on the idea that stocks making new lows will continue to make new lows.
We’re told, “Never buy a stock hitting a 52-week low…”
“Stocks in downtrends tend to stay in downtrends…”
“It’s too risky… It’s not safe…”Read More
The idea that drawing lines on a chart can lead to incredible profits has been a matter of contention for years…
Warren Buffett, Peter Lynch, and Benjamin Graham for example aren’t exactly fans of the idea.
Even in a world of charts, trend lines, and candlesticks, they have relied entirely on fundamental analysis to earn their famous fortunes.Read More
Whole Foods (WFM) has managed to run in place and go nowhere for more than a year.
Once a high-flier at $62.50 a share, the stock came crashing down to $27.50 where it has remained range-bound since October 2015.
And it looks as if insiders have had enough.Read More
Any Joe on the street can invest in a stock.
But to succeed with that stock, he or she needs discipline to invest well.
So the question then becomes, how?