I’m going to let you in on a little secret. While the financial publication industry has been dominated by the methodologies of fundamental and technical analysis, the harsh reality is that these approaches don’t actually qualify as “analysis.” Instead, they’re opinions based on someone’s interpretation of fair value or breakout patterns.
However, describing a methodology as merely a guess would cause it to lose credibility. So, we just slap on the analysis label and suddenly, the underlying process becomes a certified discipline. Only in America, folks.
