This week's Question comes from Daniel from Blair, NB:
Q: You say that MACD is the early indicator of the 3 tools for what to decide on responding to a change in a business. But, at www.investools.com, in the tutorial of the tools, investools says that stochastics are the early indicators. Which one do i go with?
A: It's hard to say who is right. Sometimes the MACD triggers first. Sometimes the Stochastic does. The key is to not move until you get both of them saying the same thing.
Now go play!
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.