STOCK SEARCHES

I know that I am a technical trader, but my primary basis is fundamental analysis. The one thing I cannot stand is performing the fundamental analysis. What is their P/E ratio? What is their ROE? blah, blah, blah. It's a time thing. My life is as busy as I want it to be and I don't need to spend my extra hours researching a company's fundamentals. So, where do I get my stocks if I don't do the research? www.investors.com, that's where. For something like $250/year you can get a subscription to the newspaper or the internet version. (Yeah, it's a plug, but if someone helped me make 96% in one year, I think I can give them kudos) Just check out their website. The education area is free.

Once you have found a few stocks to follow, go to www.stockcharts.com and watch them. IBD is really good about informing you of stocks that look good by looking at the "Daily Stock Analysis" on the home page. Then you need to decide what indicators you want to trade. You could also look at chart patterns, but this is more time consuming. Again, I am looking for minimal amount of time researching charts. MSN Money offers a free stock screening program and probably one of the best is the 52 week high screen. Stocks that are making new highs will probably continue to make new highs.

The other option is to buy a stock screening software where you can program the software to search for your certain parameters. Personally, I own Metastock and love it. That is where I am getting my searches from that I mention in this blog.

This should give you a head start in getting investing so go to it.

Good luck trading.
JD

P.S. The underlined words in the blog will send you to the link if you click on the underlined word.