In the short run, the market is like a voting machine — tallying up which assets are popular and unpopular. But in the long run, the market is like a weighing machine — assessing the substance of a company or a commodity.
The market and specific price movements can appear irrational in the short term but act rational long term. This is where trend lines can be helpful, wherein both the short and long-term prices tend to follow identifiable trends. Seeing price trends and then interpreting can be a key to any trading strategy.
Barry Norman The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was award the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.