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What is Sentiment?

  • Abe Cofnas
Chapter

Abstract

The next step after gaining a knowledge base in fundamental analysis has to be converting that knowledge into action. A key weakness often mentioned in using fundamental analysis is that it is thought of as being too macro a viewpoint. Fundamental forces are perceived to not be actionable for day-to- day and minute-to-minute trading. This is a false viewpoint. Fundamental forces are not abstract concepts. They act on prices through a transmission mechanism: sentiment. Sentiment acts like gravity and exerts a force shaping price direction.

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© The Author(s) 2018

Authors and Affiliations

  • Abe Cofnas
    • 1
  1. 1.Learn4XLongwoodUSA

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