Wednesday, December 9, 2009

IBD Stocks To Watch

Tags

Each day after the market closes, I start reading the Investor's Business Daily for IBD stocks to watch. The IBD is geared to bring high quality stocks to surface for you to put on your watch list. The first thing I do when looking for stocks to add to my watch list is reviewing each page of the paper for potential stocks that show up in various stock screens. One of my favorite places to find potential stock winners is "Stock on the Move". These are stocks that have showed huge increases in volume on stocks closing higher in price. This helps you easily identify stocks that are seeing institutional sponsorship and could indicate a breakout. The problem I've seen with these stocks is that they may have already extended past the pivot point where you are expected to buy the stock.

Because of this, you've also got to identify these stocks sooner so you can be reviewing their stock charts and identifying pivot points before they happen. IBD is set up in such a way that you can put together what might seem to be an endless watch list to wade through. There are numerous sections in the paper and also on investors.com that at one point or another are going to pop up the stock market winners. The ones making these screens numerous times are the ones you really want to watch.

Later, when I get a chance, we'll talk more about how to set up your stock market investing watch list and whittle the list down so that you can manage it.

Related Article

Stock Market Investing Today

Stock Market Investing Today - Smart Investing.


EmoticonEmoticon