The vast majority of fundamental research ultimately concludes that they are shell projects.
Since we talk about passing the parcel every day, why not take the idea of passing the parcel to the extreme?
Consider trend structure as a study of the fundamentals of an asset.
Does it matter whether it's good news or bad news?
True good news is what is on the market; no matter how grandly it's touted, if the trend structure is a mess, isn't it all just a scam?