Sunday, November 13, 2011

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 as well as several ways to scan the market.

Some investors prefer to buy stocks for the short term while others would rather buy stocks for the longterm. There are thousands of stocks in over 190 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 financials, dry shipping, or solar. Others focus on stocks making big moves such as technology companies such as (AAPL) Apple Corp., or (IBM) International Business Machines.

There are also numbers of newspapers, magazines television shows that can also be used. Many investors follow financial 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. At the end of the day investors must do their own do diligence or get help from a professional before investing.

By: Marlin Rolle

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