Well, should a financial advisor not be required to do a little technical analysis?
My "team" of financial advisors is under-performing the S&P500 which is funny, cause that is where they put a good percentage of the money.
If it were that easy to move in/out on a large scale to beat the street, everyone would do it.
as a second point - if a financial advisor was really good, why would they be advising? Wouldn't that mess up their plan?
My gut feeling is that an analysis on a single stock/sector could be right (ie that lithium eft) but how to win across the market?
Financial advisor job is to tell client not to panic, and stay away from the latest fad.
Wonder how much of the bitcoin run-up was covid-stay-at-home-day-drinking-FOMO?