Tuesday, April 12, 2016

Highly paid analysts would have us believe that a company's 
fundamentals drive stock prices. Yet how many times have you seen the stock of 
companies with good fundamentals crash while those with terrible fundamentals soar? 
But none of that matters for one simple reason . . . because at the end of the day, if 
there are more shares being bought than sold then the price of the stock will go up. 
And if there are more shares being sold than bought, then the price of the stock will 
go down. It's just that simple. Everything else is just noise. 

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