Ask this question in a mixed group of so called investors and traders after a few drinks and you’ll probably need to call 911...

You see, some say technical analysis is as trustworthy as astrology! The others say relying solely on fundamentals is prehistoric...

You understand now why asking a question like that amongst such divergent cohorts would make one of those wrestling bonanza look like a Sesame Street reunion!

My goal here is not to determine if one or the other is better but to show you each one's advantages and disadvantages.

If you understand that you’ll be able to avoid their pitfalls and instead use both synergistically.

I will even give you a recipe to identify if a stock is undervalued or not using fundamentals which means we'll delve into company`s financial report and demystify all this fine print by identifying which areas really make a difference.

So let`s go ahead and start with the fundamental aspect.