5% isn't really that big of a change....just 5 cents for every dollar. I see stocks everyday that have increased 5 to 10%. I just want to know how hard is it to pick these stocks.....what are things to look for? I don't want to be a day-trader...rather a week-trader. Say I invest $30,000 in a stock, I would that it goes up 5% in a week, so I can make $1500/week.
2007-08-30 16:54:49 · 11 answers · asked by h-nizzle 2 in Business & Finance ➔ Investing
Impossible. 5% per week is a 260% rise per year (5 X 52). Very few stocks rocket like that. And no stock rises 260% a year, year after year.
Finding a hot stock that rockets AFTER you buy in is harder than finding a needle in a haystack.
2007-08-30 17:05:54 · answer #1 · answered by Anonymous · 1⤊ 1⤋
you can hire a stock broker that can advise you, or get some advice from those guys on tv... do some personal research on a few companies and decide on your own whether you think their business will get better or worse over the coming days/weeks/months. as for a stock that goes up 5% in a week... well, it happens, but not often. most big companies consider a growth of 5% over an entire year a good improvement. if you'r looking for such a big change in just a week, it really just comes down to making some educated guesses and then getting lucky
2007-08-31 00:03:39 · answer #2 · answered by f0876and1_2 5 · 1⤊ 0⤋
Risk and reward walk hand-in-hand down Wall Street. If you are lucky enough to find a stock that goes up 5% in a week, it will probably have a good chance of going down 5% the next week. Day trading is generally not very profitable. You're most likely to do well if you invest for the long term--buy and hold.
2007-08-31 04:16:11 · answer #3 · answered by Uncle Leo 5 · 1⤊ 0⤋
You won't find one stock that goes up 5% every week. What you are talking about is trading frequently to ride up every little tick on the stock market. It's difficult to do, but possible. I've done it with play money, but never had the guts to try it with real money. I was able to make 5% every DAY I traded, but if I missed a day I'd lost 20%. I'm not going to put my real money on that kind of ride.
2007-08-31 19:30:27 · answer #4 · answered by Anonymous · 0⤊ 0⤋
A 15% annual return is considered excellent. You are looking for 5% per week x 52 weeks or 260% annually. It's a nice goal but far from reality. Besides any stock held less than 6 mos. the profits are subject to income tax, not capital gains tax. A big difference.
2007-08-31 00:11:24 · answer #5 · answered by liberty11235 6 · 1⤊ 1⤋
Very difficult; as they say, past performance is no indicator of future performance.
At best, you can look to companies that you think are undervalued (like Warren Buffet does), and/or look to companies that have earnings releases (good ones!) coming up - keeping in mind that the long-term generally will be far better for profit than the short; you have a lot of volatility in the market right now, it's pretty jittery due to all the credit issues and other mortgage and bank lending issues at the moment; prices fluctuate pretty badly.
If you want guaranteed spread, you could do a carry trade in JPY/EUR or JPY/USD, although that suggests that you have a great deal of cash handy.
Week-by-week trading is just as stressful as day-trading. And just as likely to lose money. Best do research and consult a professional!
2007-08-31 00:08:12 · answer #6 · answered by HESEWC 3 · 1⤊ 1⤋
There are many stocks that in any given week might go up 5%. If you are looking for that kind of growth on a regular basis though, you're dreaming.
Picking which stock will go up that much this week is not easy - takes a lot of research, and a lot of luck.
2007-08-31 00:49:31 · answer #7 · answered by Judy 7 · 1⤊ 1⤋
If it was easy to find stocks that went up 5% per week, everybody would do it. Trying to do it consistently is on a par with winning the lottery.
2007-08-31 00:38:26 · answer #8 · answered by Anonymous · 1⤊ 0⤋
if your looking for good gains, i mean really good gains, your going have to research, research, and research.. i believe what you are talking is called a swing trader, not a week-trader, here is the wiki
for swing trading http://en.wikipedia.org/wiki/Swing_trading
if your looking to become a swing trader, i suggest reading http://www.amazon.com/gp/product/1893756092/ref=cm_rdp_product/103-5524535-0583045
i haven't read the book myself, but it seems like it may be a good read,.. look at the amazon reviews
if you need help with any other information go to my profile and email me,..
Peace
2007-08-31 14:21:19 · answer #9 · answered by Money 2 · 1⤊ 0⤋
Looking at the stock market recently, the only thing I would say is going up is oil company stock.
2007-08-31 00:02:07 · answer #10 · answered by Anonymous · 0⤊ 2⤋