@master thespian - I agree it is possible to increase your odds/probabilities by seeking undervalued companies/sectors.
@samsamsam - not exactly scientific journals but just some scenarios of some blogs I casually follow. Just be careful some of these seem to have a long-term bullish bent...which I think should be the case when you're investing in the biggest companies in the U.S./the world but sometimes the cash inflow can get too ahead of itself. You can pretty much assume even the guys with the best prediction rate are 50% successful at best.
1. http://stock-chartist.com/2012/01/that-o...log-again/
http://seekingalpha.com/article/1407441-...is-uncanny (can use bugmenot to sign in to read whole article)
2. Market Anthropology - this guy seeks out historical analog chart patterns that match current patterns...sometimes I see how he gets the pattern, sometimes not
http://www.marketanthropology.com/2013/0...-bust.html
http://www.marketanthropology.com/2013/0...pdate.html
I don't know how he finds patterns but I've just started testing out my own thing in Excel to match current 30, 60, or 90-day patterns in Excel to historical data (still iffy, just using CORREL function for now against years of daily historical prices)
3. Carl Futia Blogspot - gives daily mid-term prediction, every other week or so also gives some brief commentary on the market
4. Kimble Charting - a general, big picture, broad view on a couple patterns/trends in sectors
5. http://fat-pitch.blogspot.co.uk/ Don't read frequently but has an interesting take on market patterns, trends
6. http://www.channelsandpatterns.com/ I don't browse this one anymore but a look at how one guy does technical analysis
7. http://advisorperspectives.com/dshort/gu...Update.php John Carlucci has an interesting indicator for when the market is tradeable or not tradeable. I've looked at the Canadian version of this indicator and seems to be a little bit of a different animal. This spurred me to look into "my own" indicator but it's often like looking at a Rorschach test and seeing something different. I was studying for a while the different patterns that form in the A/D % Index and it's MACD, Sto, how different things worked when MA was above 0, moved above/below 0 etc. http://stockcharts.com/h-sc/ui?s=$SP...&listNum=1 (not sure if you will be able to see this in its entirety)
@samsamsam - not exactly scientific journals but just some scenarios of some blogs I casually follow. Just be careful some of these seem to have a long-term bullish bent...which I think should be the case when you're investing in the biggest companies in the U.S./the world but sometimes the cash inflow can get too ahead of itself. You can pretty much assume even the guys with the best prediction rate are 50% successful at best.
1. http://stock-chartist.com/2012/01/that-o...log-again/
http://seekingalpha.com/article/1407441-...is-uncanny (can use bugmenot to sign in to read whole article)
2. Market Anthropology - this guy seeks out historical analog chart patterns that match current patterns...sometimes I see how he gets the pattern, sometimes not
http://www.marketanthropology.com/2013/0...-bust.html
http://www.marketanthropology.com/2013/0...pdate.html
I don't know how he finds patterns but I've just started testing out my own thing in Excel to match current 30, 60, or 90-day patterns in Excel to historical data (still iffy, just using CORREL function for now against years of daily historical prices)
3. Carl Futia Blogspot - gives daily mid-term prediction, every other week or so also gives some brief commentary on the market
4. Kimble Charting - a general, big picture, broad view on a couple patterns/trends in sectors
5. http://fat-pitch.blogspot.co.uk/ Don't read frequently but has an interesting take on market patterns, trends
6. http://www.channelsandpatterns.com/ I don't browse this one anymore but a look at how one guy does technical analysis
7. http://advisorperspectives.com/dshort/gu...Update.php John Carlucci has an interesting indicator for when the market is tradeable or not tradeable. I've looked at the Canadian version of this indicator and seems to be a little bit of a different animal. This spurred me to look into "my own" indicator but it's often like looking at a Rorschach test and seeing something different. I was studying for a while the different patterns that form in the A/D % Index and it's MACD, Sto, how different things worked when MA was above 0, moved above/below 0 etc. http://stockcharts.com/h-sc/ui?s=$SP...&listNum=1 (not sure if you will be able to see this in its entirety)