Are really Stock Market prices reflecting the underlying fundamentals of Stocks?
Or do prices swing much more than the fundamentals they are based on?
We maintain that prices do actually overreact being either too high or too low at times and this in turn means that the Stock Market is everything but composed of rational actors. The rational expectations theory is grossly wrong and efficient Markets do not exist.
The consequence of Market inefficiencies is the possibility to forecast prices and movements in advance and profit from them. We are going here to offer models and predictions on selected indices and stocks that will show the potential of the technology we have developed.