The first question I always want the answer to when I open the paper is “How did the stock market do today?” The first step is to look at each index and see if it rose or fell. All four indexes rose again on Friday. The S&P, NYSE, NASDAQ and the Dow closed higher but [...]
Subscribe to my RSS feed
Follow me nightly on Twitter
{ 0 comments }
In William O’Neil’s book The Successful Investor, O’Neil explains how to determine the direction of the stock market using the IBD. The IBD is the Investor’s Business Daily which he publishes. One of the major premises of his strategy is the “M” in CANSLIM which stands for market direction. He states that 3 out of [...]
Subscribe to my RSS feed
Follow me nightly on Twitter
{ 0 comments }
So, I opened up my eIBD to see what happened to stock market today. The good news was that the stock market was up today on lower volume which means it wasn’t a distribution day. The market does remain under pressure so you want to be cautious with new buys and watch your stock portfolio [...]
Subscribe to my RSS feed
Follow me nightly on Twitter
{ 0 comments }
I was talking to a friend the other day and he asked me what do you think about the stock market today. I told him a lot of what I have said on this site and that is that stock market investing is one of the best ways to make money today. It’s also easy [...]
Subscribe to my RSS feed
Follow me nightly on Twitter
{ 0 comments }
Once you’ve decided that you are going to take control of your own stock market investing, the first thing you need to do each and every day is ask yourself what happened in the stock market today. I usually do this at the end of the day after Investor’s Business Daily comes out with their [...]
Subscribe to my RSS feed
Follow me nightly on Twitter
{ 0 comments }
If you want to be a successful at stock market investing, the first thing you need to ask yourself is what happened in the stock market today. Now, I don’t mean that you need to turn on Jim Cramer’s Mad Money or whatever it’s called. You need to learn how to decide — on your [...]
Subscribe to my RSS feed
Follow me nightly on Twitter
{ 0 comments }
When you are just starting a stock market investing program, I think it’s a good idea to master what happened in the stock market today and to watch it each and every day. You should do this before you start picking stocks because a lot of the concepts that we are going to review in [...]
Subscribe to my RSS feed
Follow me nightly on Twitter
{ 0 comments }
OK. If you remember from my last post I talked at length about knowing the overall market’s direction before you invest in any stock. The reason was because if the market direction is trending down, then your stock, no matter how good it might be has to fight the overall market trend to go up. [...]
Subscribe to my RSS feed
Follow me nightly on Twitter
{ 2 comments }
