You wouldn’t drive by only looking into the rear view mirror.
If you did, you’d miss everything in front of you.
Here’s a headline I found at CNBC.com
Boeing shares sink after fatal crash—three experts weigh in.
What do these “experts” know that millions of traders of Boeing stock don’t?
The current price of Boeing stock incorporates all publicly available information.
That includes yesterday’s news.
It’s tomorrow’s news that will impact the price of Boeing stock.
No one – including these “experts” – knows what that news will be.
There’s an important lesson for investors here.
Much of the financial media peddles “financial news” of no value.
Often, it’s actually harmful.
Maybe that’s why it’s aptly called “financial pornography.”