2006-06-20 05:48:38 · 5 answers · asked by Yardbird 5 in Business & Finance ➔ Investing
I'm not a day trader, as such, but looking for high growth stocks, the next cisco or hansen or amgen. Thanks.
2006-06-20 06:01:16 · update #1
If you are trading on a regular basis then Investors Business Daily is essential. However, if you are trading on a regular basis then you need to be spending a great deal of time doing research and therefore you need access to other sources as well.
Wall Street Journal, Financial Times, Business Week, Forbes, INC., FastCompany as well as research through your broker from the major research houses are must readings.
2006-06-20 05:56:05 · answer #1 · answered by ed m 1 · 0⤊ 1⤋
"Essential," like, absolutely necessary? Is there such a thing?
There are always hundreds of options and alternatives. It depends on what you're doing, what you're looking for, and whether it is technical, graphical, or just information and news.
I gave up the IBD long ago and do my own stock scans for specific criteria, and not just stocks in uptrends or breakouts or earnings increases. You can specify any criteria you wish with a computer, and install every indicator in the IBD if you wish.
Take a look at the Investor platform at TerraNovaOnline.com
Sign up for a free trial and try their scans. You can do a pre-market scan for the movers and shakers and gap openings and high volume and most active and, and, and.
A newspaper is so 20th Century.
2006-06-20 13:13:24 · answer #2 · answered by dredude52 6 · 0⤊ 0⤋
ABSOLUTELY! Though this one isn't enough. Get WSJ and FT for the news; that's one of the keys to getting out ahead of the market.
2006-06-20 12:51:27 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Yes and yes.
2006-06-20 12:51:28 · answer #4 · answered by Speedy 3 · 0⤊ 0⤋
sure it is..
2006-06-20 12:57:24 · answer #5 · answered by Marino 3 · 0⤊ 0⤋