For me it looks like this. Fundamentals solely depend on company fundamentals and earnings data where as Technicals completely derive their basis from actual market data. Which among these two is a better candidate for a person to whose only intention is to make money?
Here goes the answer:
I think technicals are far better than fundamentals because it is ultimately the market determining the price for a security and not the company earnings directly. Though company earning guide the overall health of the security price it is the peoples sentiment which moves the price up and down. So the technicals give a clear market sentiment picture of the actual share holders as well as some fundamental insight.
Finally all it is required is to make money from price difference between the buy and sell. It is easy to ride sentiments rather than fundamentals which change in due long course of time. Hence technicals is a clear winner for me.
Here goes the answer:
I think technicals are far better than fundamentals because it is ultimately the market determining the price for a security and not the company earnings directly. Though company earning guide the overall health of the security price it is the peoples sentiment which moves the price up and down. So the technicals give a clear market sentiment picture of the actual share holders as well as some fundamental insight.
Finally all it is required is to make money from price difference between the buy and sell. It is easy to ride sentiments rather than fundamentals which change in due long course of time. Hence technicals is a clear winner for me.