![[Episode 2] Everything you learned about stock market prediction is WRONG! Podcast By cover art](https://m.media-amazon.com/images/I/51UNpP3GVqL._SL500_.jpg)
[Episode 2] Everything you learned about stock market prediction is WRONG!
Failed to add items
Add to Cart failed.
Add to Wish List failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
[Episode 2] Everything you learned about stock market prediction is WRONG!
-
Narrated by:
-
By:
About this listen
In this podcast, we discuss the common myth of predicting future stock prices based on daily stock data. We discuss how stocks are actually businesses, which generate revenue, cash flow, and income. These metrics are far more informative than stock prices alone. We then compare and contrast two meme stocks for 2024 – GameStop (GME) and Nvidia (NVDA), and how their fundamentals are driving their stock price movement. Stocks like GameStop were mostly driven by hype, and they are struggling to consistently grow their business.
In contrast, Nvidia is growing rapidly, with a large increase in revenue, net income, and free cash flow. By learning how to read a company's fundamental statements, we can make better investing decisions in the stock market.
Link to platform: https://nexustrade.io/
Link to article: https://blog.cubed.run/everything-you-learned-about-stock-market-prediction-is-wrong-024e25d0e559