TradeWithPros Street Fundamentals
TradeWithPros looks at street fundamentals versus WallStreet's fundamental analysis. Look at what is actually happening in the real world versus the world of the Wallstreet analyst. Examine whats happening around you. Street fundamentals does not involve looking at the accounting books, checking accounting ratios or analyst opinions.
The housing crisis of 2007 is a perfect example. For sale signs on every block. New buildings 90% empty. These are all signs housing is in trouble. Visit Home Depot and Lowes, judge how busy the retailers are. Do you know people who were laid of? Check the amount of construction help wanted ads. All pointed to housing troubles.
Compare busy businesses with slower ones. Is Target busier than Wal-Mart? Costco busier than Sam's club? Is all the activity at the Toyota dealership or the Ford dealership?
This information can help you form a real opinion on an entire sector of the economy and markets. These are real world fundamentals!