Wednesday, July 21, 2010

Today’s Stock Market Investing Recap

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Time to look at Today's Stock Market Investing Recap. It appears that all the indexes, the S&P, the Dow, the NYSE and the NASDAQ all suffered distribution days. While this doesn't change the current outlook from "market in confirmed uptrend" it does bear watching. Like I've been saying, checking market conditions should be one of the first things you do each day in your stock market investing routine. I wish that I could do my whole routine earlier in the day but here is how I typically do it.

The market closes at 4:00 pm ET and the NASDAQ market data on investors.com is delayed 20 minutes so I usually check the market activity sometime after that. Around 6:30 ET, the IBD TV market wrap is put online and then I check that out. Finally, around 8:30 ET, the eIBD paper is online and I read the Big Picture column and read the How's The Market page.

It's kind of spread out, but I try and do each of those things each day to get my take on how things are going in the market. This is an interesting uptrend so I'm anxious to see how it plays out.

As far as the news of the day, the Wall Street reform bill was passed prompting me to write my 33 Reasons Why Wall Street Reform Won’t Help The Stock Market (Or You) article. It's a rant that's been building for a while.

I did also want to announce that Stock Market Investing Today has been on Twitter for a bit now and we've started updating it. If you want to follow me you can find us at: Stock Market Investing Twitter Feed. I've noticed that some of you have started following me ther as well which is great.

Be sure and check out the stock market today and every day to keep on top of the current market outlook.

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