I wanted to be one of the first to talk about the Bluefin Stock Screener review, or should I say preview. The Patient Fisherman is giving advance access to all Stockbee members. Stockbee says that it works in conjunction with the strategies on his blog. You can see the screenshots of what the program is [...]
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I had a reader email me today and ask how to count distribution days. As I write this, the current distribution count stands at two on the NASDAQ and one each on the S&P 500 and the Dow Jones Industrial Average. If you are not sure what I’m talking about, you might want to check [...]
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A lot of people who study stock market investing eventually think the market is rigged. I’m no different. I think that for anybody who has invested in a stock only to watch it immediately go down, or for anyone who has retired at the same time all of their company stock tanked and for anyone [...]
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Over the past year, I’ve encouraged anyone new to use a stock market simulator. For the most part, I use the Investopedia Stock Simulator. It’s fairly easy to use and I like the interface better than some others that I have used. One of the great features of the investopedia.com is the there are a [...]
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A reader asked today what the criteria for IBD 200 was and how stocks showed up on that list. The IBD 200 is a list of stocks that are ranked by the SmartSelect Composite rating. This is the IBD’s own rating that they have created. It combines several factors all of which are not exactly [...]
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A reader asked me today what is a distribution day? O’Neil says that a distribution day is when a market index closes lower on higher volume. Technically, in order for it to count as a distribution day, the index must close at least .2% lower. Anything less than that and it doesn’t count. Each day [...]
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The current market outlook is market in confirmed uptrend. That means that at the close of the market each day I am looking for an IBD distribution day. Distribution days are when the market closes lower on higher volume. This means that the big money is flowing out of stocks for that particular day. Put [...]
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So for this week’s edition of my carnival of investing, I thought that I would pick five sites that discuss CANSLIM and provide other tips that might help if you are investing using the CANSLIM strategy. If you find other resources that discuss it that would be great. Just leave them in the comments. Just [...]
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One of the best stock screens around is the IBD 200 list. This list is published every Thursday in the Investor’s Business Daily. It includes the IBD’s Top 200 Composite stocks. The composite rating is the Smart Select rating the IBD developed. It’s an average of their other ratings along with some other factors. It [...]
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I thought I would take a little respite in this article from talking about stock market investing to talk about the major news of the day which is the sweeping Wall Street reform bill that Obama signed into law today. I also thought I would offer up some suggestions for reform that I have noticed [...]
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Today’s stock market investing recap brings good news to us today as all the market indexes closed higher on higher volume. Volume is still below the average but I think this is still good news. Apple’s earnings beat estimates and provided some good news for the market. Remember as part of your stock market investing [...]
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My friend called me today and as usual we talked stocks. One of the things we talked about was if you could only buy one stock, what would be the best share to buy now. I decided that if I only had one choice of shares, the best one to buy today would be Google [...]
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One of the things that I do on a daily basis is check the IBD market outlook. You want to check this daily because it tells you what the professional editors at the Investor’s Business Daily view the general market direction. The “M” in CANSLIM says only to invest when the market is in an [...]
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I’ve been a big fan of the stock market and learning to invest using the IBD every since I saw my first copy of the Investor’s Business Daily some 15 plus years ago. In my opinion it’s the best stock market investing periodical out there and I truly believe that anyone that uses it as [...]
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One of the things that I’ve noticed is that I get a lot of email. Today’s email I wanted to review with you was about the Forex Ultimate System that is getting ready to launch. Forex is hot topic around the web and alot of people are interested in it I think because it’s a [...]
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If you haven’t noticed, I am a big fan of the Investor’s Business Daily. It’s one of the best stock market investing publications out there in my opinion. Even if you aren’t a follower of the CANSLIM strategy, the IBD is still a great resource. I used to get the print edition and sometimes would [...]
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Whenever I start something new, there’s always a rush of excitement and it’s easy to soak up a lot of information. In the case of this site, I want to read as much as I can, invest in all of the stock market trading training courses I can find. It’s easy to not only get [...]
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An update on my how to use the ibd 200 project. If you recall I first uncovered OpenTable, Inc (OPEN) and bought it in my stock simulator a couple of days ago. In case you are interested, I used the simulator over at investopedia.com. I’ve tried a few stock market simulators and I’ve like it [...]
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Being in an economic recession is no fun, especially for stock investors. In fact, many people who own stocks don’t know what to do when a recession hits. Usually a stock investment strategy relies on the fact that the market will grow. At least that’s what everyone assumes about the market. But the reality [...]
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After dipping a toe in the market and realizing the pain of trying to find the next “hot stock tip”, some investors are able to get decent returns while limiting their risk with covered calls. However, in order to make writing covered call options work, there are some specific things that should be taken into [...]
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