Recently, I stepped away from my desk to go on a walk. A long walk. Are you familiar with the Camino de Santiago, a hike that goes through northern Spain, which many people take as a religious pilgrimage? For me, it wasn’t about religion. It was a chance to unplug from daily life and see the Spanish countryside. It was refreshing.
The route is easy to follow. Markers lead the way, containing yellow seashell and arrow markings.
This got me thinking, how nice it would be if investors had similar markings. A yellow arrow pointing in the direction that my investment might be headed. There’s nothing like this for investors. I mean, some people will tell you that there is, but there isn’t. There is no road map.
However, there are tools that you can use to understand where a stock might be headed.
Earny Asks, how do I know if my stocks are headed higher or lower? Jason Meshnick explains ...