Sunday, March 1, 2009

Market Lesson – Finding Stocks

In order for investors to find stocks they will have to scan the entire market. There are different types of investors so there are many different ways to scan the market. Some investors prefer to short stocks while other would rather buy stocks. There are thousands of stocks in over 150 industries.

Investors can use services such as money central.com, yahoo.finance.com, google.com, clearstation.com, stockcharts.com, or bloomeberg.com. There are several parameters that can be used to single out the best from the worst stocks. Stock can be scanned by using moving averages, volume, candlestick charts, bar charts, new highs, new lows, stochastics, as well as price action to name a few.

Investors must focus on the very best stocks to make money. Most traders focus on stocks that have been beaten down such as the oil, or financials. Others focus on stocks making big moves such as pharmaceutical companies. There are also numbers of newspapers, magazines television shows that can also be used. Many investors follow shows that appear on CNBC or read the Wall Street Journal to find the best stocks. There are several choices but the choice is up to you depending on what you are looking for.

By: Marlin Rolle

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