If the NYSE Group is a trusted indicator, there are 8,000 securities listed on U.S. stock exchanges, including exchange-traded funds. On one hand, that opens the door to seemingly endless ideas and opportunities. But on the other hand, that’s a ton of enterprises to sift through. Not every proposal will be a winner, leaving many investors in a conundrum.
I don’t know about you but I have better things to do than to sit down and pour over financial and technical charts of thousands of publicly traded companies. Even if strictly rifling through ideas based on chart patterns, the initiative quickly becomes onerous. Further, relying on the collective wisdom of social media isn’t all that helpful due to biases and other challenges.
