Minyanville posting: 50-Day Moving Average Useless on its Own
This week's Minyanville posting looks into the dubious value of the 50-day moving average on its own.
"Every now and then I get a phone call or email from a reporter asking my views about a market metric that receives what I believe to be an undue amount of investor attention: the 50-day moving average (or MA).
The calls and emails usually occur right around the time when..."
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