It’s one of those revelations that, once you see it, you can’t unsee it. Basically, 99% of content in the financial publication realm would not technically be considered analysis. Instead, within the scientific community, they would be deemed as opinions cloaked in the language of accounting principles.
To be sure, no methodology that involves forecasting the unknown future can be deemed as factual. However, the core issue with financial analysis — whether that be of the fundamental or technical variety — is that the practitioners are inferring patterns and sequences within locally random noise.
