“You can’t go by opinions or how you feel. You need to have and follow sound, proven rules.” – William J. O’Neil, MarketSmith Founder
One of the biggest challenges we face as humans, is to process information and data in a very objective fashion. While it might sound like an easy task, documented research has proven that the human mind tends to get trapped under various types of biases.
Continue reading “How a Rules-Based Investing System Helps?”
The FSB stock group has seen a sharp uptrend over the last few months based on price performance relative to our proprietary 197 stock groups. Over the last 12 weeks, its group rank has increased from 22 to 2, currently.
“Charts can tell you when a stock is not acting right and should be sold” – William J. O’Neil, MarketSmith Founder
A loaf of bread has a certain shelf life. When you see the loaf of bread is not in its best form, it means that it has passed the time for optimal consumption. Great stocks to have a shelf life. So before you invest in any stock, you need to count bases or periods of consolidation.
“The market isn’t easy – it doesn’t wait until everyone is ready, prepared and certain.” – William J. O’Neil, MarketSmith Founder
MarketSmith India readers have heard or read the term “distribution” at MSI workshops, or inside the pages of the Weekly Big Picture.
It is synonymous with institutional selling, whether it is in an individual stock or a major stock index. Big downside moves in explosive volumes are the clearest signs of a distribution, a sign that mutual funds, hedge funds, banks, and insurance companies are unloading shares.
Continue reading “Distribution Days Come In Different Shapes and Sizes”
The Recent Past
The top five steel makers account for more than 70% of the market share in India. The selling prices are market determined. Being in a commoditized business, steel companies usually compete on the basis of production capacity, economies of scale, and access to raw material, among others.
Continue reading “Should You Invest in the Recovering Steel Industry?”
