Comments on: Wall Street Journal Analysis - July 11th

By: Eric Peng

Eric Peng — Fri, 13 Jul 2007 06:57:40 +0000

I wouldn’t go so far as to say that news on stocks is absolutely a complete waste of time - although for the most part I agree. I don’t believe the markets are 100% efficient to the point that news is priced in perfectly. Often times, investors will underweight or overweight news. In these cases, it is good to read the news if only to understand the psychology behind the majority of investors and to read the charts to see the underlying price action.

By: MrMike

MrMike — Fri, 13 Jul 2007 04:50:42 +0000

Reading any news on stocks is a complete waste of time. Everything you need to know is given in the price action. Looking for high growth candidates in IBD, is about as far as I’d go researching a company too. Cheers.

By: Eric Peng

Eric Peng — Thu, 12 Jul 2007 18:49:25 +0000

Thanks for the support! I really appreciate it.

By: Terra Andersen

Terra Andersen — Thu, 12 Jul 2007 18:11:29 +0000

Yay! More young traders! I stumbled upon your blog and am so glad I did! I have been trading for a while too, and it’s so hard to come across other young traders! I’ll definitely be adding you to my RSS! *=)

By: kittoo

kittoo — Thu, 12 Jul 2007 07:55:37 +0000

Your posts are awesome..keep it up!