Fundamental Market Analysis Really Is Technical
Author | : Michael N. Kahn CMT |
Publisher | : Pearson Education |
Total Pages | : 18 |
Release | : 2010-06-30 |
ISBN-10 | : 9780132312653 |
ISBN-13 | : 0132312654 |
Rating | : 4/5 (654 Downloads) |
Download or read book Fundamental Market Analysis Really Is Technical written by Michael N. Kahn CMT and published by Pearson Education. This book was released on 2010-06-30 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the eBook version of the printed book. This Element is an excerpt from Technical Analysis Plain and Simple: Charting the Markets in Your Language (9780137042012), by Michael N. Kahn, CMT. Available in print and digital formats. Discover the surprising “technical” underpinnings of conventional “fundamental” stock analysis. Let’s take a close look at fundamental analysis. If a company has raised its dividends consistently each quarter, the stock should rise. If earnings continue to grow, that is good, too. This seemingly fundamental information certainly sounds like a pair of rising trends to a technician. A rising trend in underlying factors usually translates into a rising trend in the stock price.