uture prospects for stocks. Yields tend to be high when investors are pessimistic about growth in the stock market or when inflation and interest rates are high. Among individual stocks, dividend yields vary considerably across business sectors. Mature and heavily regulated industries, such as utilities and banks, usually offer relatively high dividend yields. Young, fast-growing companies often pay no dividends at all, retaining profits to finance expansion.
Technical analysis ignores income statements, balance sheets, dividends, company policies, or anything fundamental about the company as well as anything about the economy in general, including its psychology of movement. The technical analyst restricts research to the actual history of trading and price in a security or index (Achelis, 1995, 52). This is usually done in the form of a chart. The theory behind the creation of a chart is that the market price reflects all known information about the individual security. It includes all pu
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