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You could read the financial news, for example in the Wall Street Journal. With an online brokerage account at Merrill Edge, you get access to Merrill Lynch/BoA
by Bostonian 4y ago
You could read the financial news, for example in the Wall Street Journal. With an online brokerage account at Merrill Edge, you get access to Merrill Lynch/BoA analyst reports, and with Schwab you get access to Credit Suisse. Such reports discuss the factors that affect the prices of individual stocks. However, since the financial markets are close to efficient, it is difficult to use such information to make money. If you can, you should consider getting a job on Wall Street.
- psyfi 4y ago> However, since the financial markets are close to efficient, it is difficult to use such information to make money. If you can, you should consider getting a job on Wall Street. This is not correct in all cases People who sold their crypto first when they just saw the publicly available news about inflation, stopped more loss than many other people, because they just reacted faster, not because they are actually capable for Wall Street jobs. Same for people who bought gold when they heard about Russian military build up on Ukrainan border. Same for the normal guys who decided it's the time to buy another car and to wait before selling the current, when they heard a chip shortage is approaching Same for people who bought Pfizer stocks in January 2020