Absolutely, There are plenty of free software programs out there which can help you create your own watch list.
Dmtrends can help you to build a list of stocks that are trending up.
http://www.dmtrend.com
The MSN stock scouter can also help you here.
Their computer program looks at different fundamental and technical aspects of stocks and rates them 1-10. This means they give you a list of the best and worse stocks in the market.
Your broker might also have some sort of software that can help you find stocks.
The idea is to just build a list and watch it regularly for when the stock gives you a buy/sell signal bases on your specific criteria.
“what is an index?”
It is something that tracks a group of stocks like the S&P 500 which tracks the top 500 companies in the US.
“what is perspective?”
I guess it is whatever you see vs somebody else. Everyone is different, what looks like good buy to someone may look like a pass or even a good sell to somebody else.
Feb 26, 2012
trending and momentum with the marketNEW by: Anonymous
I'm finding that focusing on just individual stocks within a watchlist sometimes makes you forget about the overall market direction or even about cyclical movement of money across stock sectors or industries.
I usually now look at the "QQQ" and "SPY" symbols to make sure I am not going against the general trend or momentum of the market. I use stockcharts.com for charting both these symbols.
For cyclical stocks, i use www.sectorstockmarket.com to watch for trending stocks and which sector or industry seems to have the most stocks moving.
