We've been in a Bull since september. Earnings are going to fuel jobs, and jobs are going to fuel earnings. America is back, baby.
Do you have a six-month emergency fund yet? If not, you probably should do that first. Have you maxed out your 401k/IRA yet? If not, you probably should do that first. Have you paid off all your high interest credit card bills yet? If not, you probably should do that first. If you have then I suggest probably reading some books and this thread and playing with fake money first. Or just buying a Vanguard index fund and let it ride the wave.
I knew I should have bought BGP yesterday at $0.80! I even had the order filled out, just had to click 'submit'. Up 27%!
All these bank downgrades by BAC/ML are doing serious damage to the financial stocks. It will take time for these losses to recover.
Please be more specific on what interests you in regards to the Markets? <i>Carpet Bombing</i> of links is possible, but would require you to go and read each one to see if it serves your needs. Provide a link or two that you are currently reading so we have a starting point.
Market is unstable for the next 3 to 4 weeks. I would wait until Earnings season is over for stability to return.
I just found out I can use my 401K specifically into any investment I wanted.. Stocks, Mutual Funds, Real Estate, Gold, etc... Who the hell knew you have total control on how you want your 401 invested..
Several of these web sites have free newsletters, so I suggest that you create another email account for that specific purpose so that you can keep your primary email account uncluttered. <hr> <b>Candlesticks</b> I haven't delved too far into that area, so am limited on what I am able to give. Candlestick Forum PROFITABLE CANDLESTICK CHARTING Candlecharts blog <hr> <b> Gaps</b> This is the only one that I follow. URL="http://www.thegapguy.com/"]The Gap Guy[/URL] He has a recap newsletter that he sends out about 6:30 pm (Central). I have this link, but haven't spent much time there. Trade The Gap/ <hr> <b> Technical Analysis</b> I divide it into to main subcategories of <i>Charting</i> and <i>Number Crunching</i>. Some people use both. <b>Charts</c> Afraid to Trade Cobra's Market View Stockcharts Blogs/URL] Alpha Trends Trader Mike Phil's Stock World They do others things in addition to technical analysis. D Short Kimble's Blog Allan Trends <b> Number Crunchers</i> Marketsci Woodshedder He also does Charts. BZB Trader/ Though no longer active, his archives still have some value. ETF Prophet <hr> More links to assorted Blogs. Blog Roll
Several of these web sites have free newsletters, so I suggest that you create another email account for that specific purpose so that you can keep your primary email account uncluttered. <hr> <b>Candlesticks</b> I haven't delved too far into that area, so am limited on what I am able to give. Candlestick Forum PROFITABLE CANDLESTICK CHARTING Candlecharts blog <hr> <b> Gaps</b> This is the only one that I follow. The Gap Guy He has a recap newsletter that he sends out about 6:30 pm (Central). I have this link, but haven't spent much time there. Trade The Gap/ <hr> <b> Technical Analysis</b> I divide it into to main subcategories of <i>Charting</i> and <i>Number Crunching</i>. Some people use both. <b>Charts</b> Afraid to Trade Cobra's Market View Stockcharts Blogs Alpha Trends Trader Mike Phil's Stock World They do others things in addition to technical analysis. D Short Kimble's Blog Allan Trends <b> Number Crunchers</b> Marketsci Woodshedder He also does Charts. BZB Trader/ Though no longer active, his archives still have some value. ETF Prophet <hr> More links to assorted Blogs. Blog Roll <hr> More links to come and I no longer have an <i>Edit</i> button.
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Hey Mango, Where would be a good place to start if I want to see some other people's stock picks and their explanations using charts?
Thoughtful discussions are my primary goal - objective. <hr> The only stock picking group that I have regular contact with are some <i>Precious Metals Bugs</i> that also like to grub in the <i>Boneyard</i> for new momentum plays which are often high risk and not recommended for those new to the Markets. I have the most contact with those who watch the Dow, NASDAQ-100 and S&P 500 rather than tracking individual stocks. Then some look at Sector Rotations and trade individual stocks based on that. More of a <i>Top Down</i> approach that isn't exactly what you are seeking. Here is a related link that might be of interest in regards to Sectors. Sectors Spdr I am not suggesting to trade or focus solely on those Sectors, but look around at the compositions and weightings to get a feel for the impact - influence various stocks have. That is not the only way to subdivide the Market into various Sectors, but it is a reasonable starting point to get comfortable with the concepts involved. It is possible to have your individual stock move independent of the direction of the particular Sector that it belongs to, but it takes ability and analysis work to be able to make those types of picks.
