A buddy of mine asked me the other day how to find stocks in uptrends quickly. One of the best ways to do this is to focus on building a watch list every day from your stock market screens you set up. For me personally, what that means is that what I do is look for stocks that appear on the Stocks on the Move screen. If they meet my criteria then what I do is add them to my watch list.
This gives me a list of stocks that I can check instantly and in a glance I can sort it by price percentage change. Those stocks up in price and also up in volume are stock in uptrends that I should focus on. However, I must do further research and see if it is at a proper buy point. Stocks that have been moving upward for a while may be tiring out and their run might be exhausted if you blindly buy a stock on a day when it appears on the list. This is the value of watching your screens daily. You can see and remember if they have been on their for awhile.
A current watch list will help you learn how to find stocks in an uptrend quickly.
In general though you want to spend your time looking at stocks that are increasing in price and have an RS line that is trending higher. By focusing on these stocks, you increase your chances of finding a stock that has institutional support - a key factor in a winning stock.
If you are short on time, another screen you might want to review each day is the IBD Timesaver table. This screen lists stocks that are up in price and that might deserve a new look. I know that Stockbee reported the other day that Dan Zanger watches a list like this to find stocks as well. Anyway, that's a quick tip for you that will hopefully answer your stock market investing question.
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