Money

How to Correctly Use Moving Averages

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State of the Market

In this week’s episode of State of the Market, Chief Income Strategist Marc Lichtenfeld covers moving averages.

These are powerful technical indicators that estimate short- and long-term trends to help you make better buy and sell decisions.

Even if you don’t consider yourself much of a technical trader…

You probably encounter these data points on a daily basis.

You’ve probably even cited them.

They can predict when a stock’s share price is going to pull a reversal, helping you nab windfall trades in a matter of weeks or months.

But there’s a catch…

Many investors buy into myths about moving averages. And as a result, these investors misuse them and lose money, or they aren’t even looking at the correct signals.

As Marc always says, technical trading is NOT an exact science or a crystal ball – but it can lead to more frequent and predictable moonshot gains.

Learn how to use moving averages in this week’s episode of State of the Market!

Good investing,

Kyle

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