Just my own little bet, for the sake of fun...I think the late rally on Friday is an indicator of a rally on open, on Monday. Remember, it's been 8 straight days of losses. Is anyone here a speculator? Or all fundamentals?
My husband and I have a few shares of a handful of stocks, which we bought years ago.
Overall, they are down 20% from when we bought them and down 40% from their high, so I wouldn't say that we are very good speculators, if we are speculators.
Well I was meaning speculators as investors with a short term view, such as day traders or people that trade frequently, such as 20 times a month or more.
I still think you and your husband could in part be referred to as speculators, depending on how the decision was made to purchase the particular stocks. If the decision was made based on analysing the company balance sheet and financial ratios, for the sake of assessing the companies long term risk, then that is what you can call fundamental analysis. Fundamental analysis is about taking the long term view, and is the furthest decision making process from gambling. On the other end you have technical analysis, which is watching the day-to-day movements, and making very short term decisions. Sometimes company financial data is altogether ignored. It should be said that these two strategies exist along a spectrum, depending on the individual investors goals and desires.
I doubt very many, if any, stocks are not at least ~40% down from their most recent highs. Gold might be an exception. So I would not be concerned about making a poor investment decision on that information alone, in your case (If you were). Anyways, I don't want to get into assumptions.
