I had another reader question today which was how do you tell when institutions are buying stock? This is a great question and really touches on the heart of the CANSLIM strategy which is institutional sponsorship. Without it, it’s hard to get the stock price to go up. With it, you can find some real [...] Read more »
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How I Made 21% Buying Stocks Using Stockbee’s IBD 200 Strategy
If you caught my earlier posts about buying stocks using the IBD 200, then you should know that today I closed out my position in Open Table, Inc. (NASDAQ:OPEN) at the beginning of the trading day today. The results? I originally purchased 22 shares of OPEN at $44.95. Today, I sold it for $54.39. This [...] Read more »
Posted In: Buying Stocks, Featured Posts - Tags: buy stock, buy stocks, buying stock, buying stocks, how to buy stocks, stocks to buy
Buying Stock
When you first begin your stock market investing program, you can choose to buy mutual funds or start buying stock. Personally, I think that you should have a portion of your money in mutual funds and then buy stock, or individual stocks, with the rest. Whether you use a broker or do it yourself, I [...] Read more »
Posted In: Stock - Tags: best stocks to buy, buy stock, buy stocks, buying stock, buying stocks, how to buy stocks, stocks to buy
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