Aren't these focus lists that pass through these firms mainly for short term and day trading mainly? Like they tell you what is "in play" like having increased volume, moving average crosses and are pending news/earnings that can move a stock. I don't see much value in it if you aren't a short term trader. I assume most of these guys starting out aren't looking to day trade at this time.
nah they are like an upgrade or downgrade. i think goldman actually calls them conviction buy and conviction sell lists. you can get daytrades off the them since we get the info before it is known to non-goldman customers. the last major trade where i remember that happening was with STP when i was actually short overnight since i think LDK had terrible earnings and i was looking for STP to drop as collateral damage. well it wasn't dropping and it was starting to trade up. turns out i missed the freaking message from my goldman message console saying they added to their conviction buy list. i could have been loading up long premarket....oh well. anyhow the moral of the story for people who don't know about conviction buy and sell list is that the stock was up like 3 or 4 points in the next few days and then collapsed back down to new lows a few weeks later. STP is back up now and it still looks interesting as an investment but it's not as if the ride has been smooth since being added to goldman's focus buy list.
I have a list of Morningstar Strong Buy rated and another focus list from my company. Email me and I will send them out to you.
That is not a good idea. Morningstar (or any of the millions of investment newsletters) can give you some good ideas, but you still need to do your own research and make an informed investing decision. If you are investing for the long haul, then most of your research is done before you buy. If you have bought a good company, then it is fairly easy to keep up on the news with your companies. If you do not like doing the research, then you should stick with index funds. I personally believe in alpha and, therefore, choose my own stocks.
US Steel,Goldman,Apple,IBM,DNA - lately Big Blues....As for now,Coke's been perculating and has been starting a big move from 57 post Buffet buy in.....but keep ZOLT in mind. Hard to get a gauge on the drop but it finally bottomed and again I believe it to be a solid company with organic growth.It has an outside chance of breathing the air of the blues.It's up from the buy in at 20 + all the way to 26 and change....ZOLT And I agree with robbie these lists are short term.Swing trades,day trades......rotating timetables for the most part....gotta have a time frame. For me watching and doing some trading in high volume stocks while learning to recognize buying and selling patterns,the connection between the press, world events,and the geoplitical ramifications from said events...,Dow and Nas,technicals,etc...Gain it through books/and or by doing.It's always best to have a mentor...but books,aptittudes,and experience can make up for that. I don't suggest my way to most but it tapped into my preseexisting aptitudes in math,analytical,etc. It takes patience....... discipline/devotion, especially at first.But eventually you'll find there will be more of that precious commodity....time. Just be "conservative" for awhile in the higher volume stocks while learning the ropes.No substitute for learning while doing. Read some books if you need to.......In fact if you want some titles let me know. But the Big US Bluechips have started their roll with an advancing market.It's getting pumped up at 12 to head to 14 - 15 by the end of the year IMO. Good time for you to enter the waters. Anyway words of encouragement.Happy hunting!
just curious if you were still in it after the news today. http://biz.yahoo.com/ap/080505/zoltek_accounting.html?.v=1
Trading is not easy. I trade a lot. It fun to pick stocks and constantly check your balance, but losing is much worse. Sure, you'll get lucky buying hot stocks like AAPL a ways back. As far as "lists" I think its better to do your own research and not follow stock tips. Trading news is very difficult as it is priced into the market before you can get in. My best advice is get some education anyway you can before trading. If not, give your money to someone who knows what they are doing.
