Posted To: MBS Commentary
Technical analysis is an important ingredient in most market-watching recipes--at least when it comes to those who are compelled to watch markets most every day and who may be compelled to take action based on intraday market movement. Here's what I mean by that: Someone like Warren Buffet doesn't have much need for technical analysis. In fact, his strategy of buying and holding what he perceives to be solid companies with solid products and solid competitive outlooks is the antithesis of technical analysis. Clearly, there's nothing wrong with that from an investment strategy standpoint. There may even be nothing wrong with it from the loan officer's standpoint. A loan officer (and their clients) must make timely decisions in cases where markets are changing even though fundamentals...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily https://ift.tt/2tFDqS1
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