Here Are Some of the Best Stock Market Predictors for 2024. Unfortunately, They're Signaling in Opposite Directions.
Like King Arthur questing after the Holy Grail, many investors pursue something they'll never possess. The former sought a religious relic, while the latter search for a formula that guarantees success in the stock market.
The longer I invest, the more I see those around me scrambling for a quantifiable edge or mathematical advantage over others. Stock market indicators, moving averages, valuation metrics, trading volumes, and short-selling interest are all taken into consideration to find the perfect time to buy stocks poised to skyrocket higher.
I'm not necessarily knocking these approaches -- trying to discover the secret to success seems like basic human nature. But looking for a blueprint in the wrong places could lead to failure and disillusionment, which causes people to give up entirely.
Source Fool.com
