there always seems to be someone preaching to everyone investing to look at the charts, analytics, etc. like they know more than everyone else and if you do this then you'll know when to invest and when not to. Usually it's in a condescending tone as though it's some sure fire way of investing if you can read charts, company analytics, etc.
Then i start to think 80%+ investing probably know how to read the analytics/charts but still can't seem to predict the market. I can turn on CNBC or Youtube and find a dozen analysts spoon feeding me the analytics or charts. They seem to all still have differing opinions on bull or bear market, if not a recession. They all tell me which company's analytics look very strong or what is trending on the up. It doesn't seem to be difficult information to find and i wonder just how beneficial knowing how to do that actually is.
obviously it's good to learn everything so why not...but more talking in terms of where the advantage it's giving me is. From what i've seen having casually investing in the market it's the news that shifts markets more than anything. the analytics might explain why it's a certain price at it's base but is it really going to tell me much how it's going to move? I mean aren't the analytics already priced in at it's base share price and what's really going to move it is new news or new analytics like earnings? Am i wrong that understanding the analytics/charts seems much less important to know than some people pretend to preach?
i only have so much room in my brain these days.