Is investment news and other research data taken into consideration?
For the most part, the answer is no. We are always aware of the financial news, but this is not directly factored. However, the mathematical equations used to derive the indicators and signals, captures all fundamental data. Fundamentalists will always try to explain movements of the stock market based on reasoning. Fundamentalists can always come up with justifications or reasons why the market moved in a certain direction. But we have found that applying those justifications to the next situation or trying to determine the next direction of the market is nearly impossible. Fundamentals can not be applied on a short-term basis to consistently beat the market.
