Do I Need to Hire a Fundamental Analyst?

Discussion in 'Stocks' started by systematictrader, Jan 18, 2017.

  1. Turveyd

    Turveyd

    Everyone thinks there a genius in a bullish market then everyone jumps out of high windows when it turns bearish and they lose it all.

    The Trick is to only do what your doing as long as the Bull Market runs, the issue is, you'll likely stop wayyyy short of it.
     
    #21     Jan 18, 2017
    systematictrader likes this.
  2. Tim Smith

    Tim Smith

    Your request for an invitation to my block list has been granted. I gather you are in good company. Goodbye learner2007. :cool:
     
    #22     Jan 18, 2017
  3. algofy

    algofy

    Yes hire a FA in your hedge fund
     
    #23     Jan 18, 2017
  4. I say "no".

    The charts show what players are actually DOING with their money. That's what you need to be in-tune with as much as possible.
     
    #24     Jan 18, 2017
    systematictrader likes this.
  5. lovethetrade

    lovethetrade Guest

    Do I Need to Hire a Fundamental Analyst?

    Not until you've worked out technical analysis.
     
    #25     Jan 18, 2017
  6. birzos

    birzos

    You mean exploratory analysis like this.

    ABBV AbbVie
    BA Boeing
    BBY Best Buy
    CAT Caterpillar
    COH Coach
    CSCO Cisco http://i.imgur.com/CCP8hDa.png
    CTL CenturyLink http://i.imgur.com/eJB6u0f.png
    CVX Chevron http://i.imgur.com/pUf2GVd.png
    D Dominion http://i.imgur.com/cT30nrF.png
    DOW Dow Chemical http://i.imgur.com/AHre1v3.png
    DUK Duke Energy http://i.imgur.com/NNY9XXP.png
    ED Consololidated Edison http://i.imgur.com/CRxKQXn.png
    EMR Emerson Electric http://i.imgur.com/RaQKpwC.png
    EXC Exelon Corp http://i.imgur.com/TFJ57qT.png
    EXR Extrage Space Storage http://i.imgur.com/6bEGrrm.png
    F Ford Motor http://i.imgur.com/j2Mq0ns.png
    GM General Motors http://i.imgur.com/XlhE3Ir.png
    GPS Gap http://i.imgur.com/uoc7nNg.png
    HOG Harley-Davidson http://i.imgur.com/C7WSLjH.png
    HRB Block H&R http://i.imgur.com/vV8JS72.png
    IBM Intl Business Machines http://i.imgur.com/Km5etpv.png
    INTC Intel http://i.imgur.com/pufJDbV.png
    IP International Paper http://i.imgur.com/TowdpT8.png
    JWN Nordstrom http://i.imgur.com/BRQeeBo.png
    KSS Kohl's http://i.imgur.com/ahhDO3h.png
    LB L Brands http://i.imgur.com/fidZ8Tb.png
    LVS Las Vegas Sands http://i.imgur.com/2gidcQf.png
    M Macy's http://i.imgur.com/GGs1Q5X.png
    MET Metlife http://i.imgur.com/tWYB5F6.png
    MO Altria Group http://i.imgur.com/WmTjOBU.png
    MRK Merck & Co http://i.imgur.com/rLdKpEw.png
    OXY Occidental Petro http://i.imgur.com/2TU9w1g.png
    PFE Pfizer http://i.imgur.com/lJd44dy.png
    PG Procter & Gamble http://i.imgur.com/JeDFH9k.png
    PM Philip Morris http://i.imgur.com/vOhjZuq.png
    PRU Prudential http://i.imgur.com/6OKDj5c.png
    QCOM Qualcomm http://i.imgur.com/zgShMjz.png
    RAI Reynolds American http://i.imgur.com/MjV5X6p.png
    SE Spectra Energy http://i.imgur.com/gp4PzwE.png
    SO Southern Co http://i.imgur.com/pTV1UKD.png
    SPLS Staples http://i.imgur.com/JAQe179.png
    T AT&T http://i.imgur.com/lVJvzKL.png
    TRI Thompson http://i.imgur.com/ZEdr5lc.png
    VLO Valero Energy http://i.imgur.com/hZB6j9n.png
    VZ Verizon http://i.imgur.com/NMc8b7d.png
    WFC Wells Fargo http://i.imgur.com/0r5hn2d.png
    WU Western Union http://i.imgur.com/QNAHcx6.png
    XOM Exxon Mobil http://i.imgur.com/yoFONWc.png

    And for reference YM Dow Index http://i.imgur.com/IQp4fwd.png
     
    Last edited: Jan 18, 2017
    #26     Jan 18, 2017
    systematictrader likes this.
  7. Sounds like you're searching for support for your desire to justify "fundamental analysis something".

    Fundies are always subjective and often incomplete... that is, fundamental analysis often misses things of importance... some of which is intentional deception.

    Going to say this one last time. FORGET FUNDAMENTAL ANALYSIS. Whatever fundamentals are important will be reflected in the charts. If it's not "in the charts", it's not important. When "something fundamental becomes important", its anticipation will already have been reflected in the charts.

    Feel free to disagree.
     
    #27     Jan 18, 2017
    Gotcha and systematictrader like this.
  8. Handle123

    Handle123

    The founder, William O'Neill, of Investor's Business Daily has written some good books on trading/investing in books based on Fundamentals and TA, I actually like his approach CAN SLIM
    https://www.google.com/?gws_rd=ssl#q=william+o'neil+books
    https://www.google.com/?gws_rd=ssl#q=canslim+method+pdf
    http://www.investors.com/ibd-university/can-slim/
    http://www.readtheticker.com/Pages/IndLibrary.aspx?65tf=168_william-j-oneil-canslim
    And
    http://investors.morningstar.com/ne...ulture=en-US&ProductCode=mle&resourceId=83565

    Of all the approaches I have read on stock trading, this only one I know works as I use to trade it in late 1980s/90s, but now I use charts, TA. If I am iffy on a stock, I will take a look at the fundamentals if I am seeking more of a dividend long term keeper. Sometimes, not often, but sometimes the FA will explain what their future might show and not the chart, like if they expensed huge one year cause they wrote off accounts receivable due to another company going belly up, or new accounting system, but if they continue to have more revenue 3 of last 4 years, sales continue to increase can explain away what the charts are showing.

    But I was doing CAN SLIM for number of years as it made sense to me, but then the years I was trading it was start of huge Bull market and monkey throwing darts might have done as well or better. I don't use it as much now cause of automation whipping through 15,000 stocks looking for gem as I usually stick to 50 stock/ETFs to trade both up and down. I try to stay with non dividend stocks and ETFs to short as I don't want to have to pay dividends, but if a stock just paid their dividends, I would short it as most of my stocks trades have three month or less durations, whereas be long for years type stocks I collect the dividends. Either buying core of stocks once every 10-20 years when market makes huge decline OR watch commodity markets and looking for ten year lows then look for stocks that will be showing bottoming and buy those where they have dividends like Crude Oil or Coffee companies, you can get in much cheaper thereby getting much bigger percentage dividends, but as stock rises, percentage lowers as all based on value of the stock when bought.
     
    #28     Jan 18, 2017
    systematictrader likes this.
  9. pyradius

    pyradius

    When you say 'hire a fundamental analyst' why not just accentuate your personal knowledge with a service like Morningstar or somesuch?
     
    #29     Jan 18, 2017
    systematictrader and Overnight like this.
  10. this is a good point i didnt think of,,, that they all might have different answers,, thanks
     
    #30     Jan 18, 2017