Few weeks back we added a new section regarding stock selection. Unfortunately, at the time the stock list were not updating properly with current data. This issue has been fixed now and it is working great. Please try it out and check for yourself... Identity Stocks - Potential BUY candidates Hope this helps for your stock picking abilities... Market maintained its steady climb for past couple of weeks. Bullish sentiment are very high as many people feel they missed the rally and WILL BE scrambling to get in. Now that earnings season is almost over, market will rely on global news and economic conditions for further direction. What to expect in near future???
Market is holding up quite well so far. We haven't had any bad news out of Euro-zone yet and all the S&P downgrades were already expected and hence priced into market action. By end of next week, all major companies would have declared their earnings. As every day passes by, market seems to be moving up, Is this the right time to get in!!!
Last Friday after market close, S&P ratings agency released its outlook/ratings for various European countries. Looks like 9 countries have been downgraded. Some of this action was already expected and hence priced in the market but this week will tell us how much of this news is a surprise! Also lets not forget that earnings season is underway. Both these events will tend to cause wild market swings.... BEWARE!
We already covered how to select Mutual Funds and how to select ETFs depending on Market Direction. The next logical step was to figure out how to trade Stocks and identify potential Stocks to BUY. Below sections will provide us with some simple yet effective techniques to trade Stocks.
We hope this provides us with enough information to successfully trade Stocks as well as manage our Portfolio... Last week, we got some good news regarding local US economy. Hiring is picking up, unemployment rate dropped to 8.5% and manufacturing production is going up. But apart from 1st trading day of the year and in-spite of good news, market could not push higher, these are signs of tiresome rally. Although, we have good news on US side, let's now forget that Euro-zone issues are not resolved and Asian markets are not doing well due to slow down in their economies. 2012 might be another year like 2008 when we shall see a roller coaster ride.....
Happy new year to all, may this new year bring better times and happiness along with peace of mind. Sorry for the delay in the blog post. Today's post will be short.
Market managed to gap up on the 1st trading day of the year, however the question is how long can this go on!!! Euro-zone crisis is not resolved and Ratings agency review is due this month. We might see a sharp reversal once the news is out. Earnings season will start in 2 weeks and ma For now enjoy the upside, BPNYA has already given us BUY signal so stay on track until we get a SELL signal. |
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