Everyone wants to have an edge on their competition. When it comes to investing, there are plenty of strategies you can follow. Many long-term investors prefer to concentrate on companies that have lucrative money-making businesses and good prospects for growth well into the future. By discovering innovative companies before the crowd, these investing pioneers can capture huge returns over periods of years or even decades.

By contrast, some investors prefer to look more at the ups and downs of the market than at the businesses that underlie the stocks they trade. Those who follow a strategy known as technical analysis have celebrated recently, because they believe that a key indicator known as the golden cross essentially predicted the big run higher that markets have experienced in 2023. Yet even though that has so far worked well for investors who followed that signal, the performance of golden cross-based strategies over the longer run is mixed.

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Source Fool.com