Academic Studies Tend to Discredit the Validity of Technical Analysis

question 46

Multiple Choice

Academic studies tend to discredit the validity of technical analysis. Which of the following is true?

• A)This can be viewed as support technical analysis.
• B)It can be rational for individual traders to use technical analysis-if enough traders use technical analysis the predictions based on it can become self-fulfilling to some extent, at least in the short-run.
• C)That can be explained by the difficulty professors may have in differentiating between technical analysis and fundamental analysis.
• D)None of the above

Compare and contrast the Articles of Confederation with the Constitution, especially regarding sovereignty and economic policies.

Discuss the challenges and policies associated with settling the western territories.

Explain the development and implications of federal land policies in the 1780s.

Recognize the challenges faced in establishing a common national identity in post-Revolution America.

---

Definitions:

Buy And Sell Price

The prices at which a market maker or trader is willing to purchase (buy price) and sell (sell price) a security or commodity.

Big Mac Index

A tool developed by the Economist magazine that demonstrates the over- or undervaluation of a currency as compared to the U.S. dollar using the price of the McDonald’s Big Mac.

Exchange Rate

The rate at which one currency can be exchanged for another, affecting international trade and finance.

Overvalued

Refers to an assessment where an asset's market price is considered higher than its intrinsic value.