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Stock market news today

I struggle to locate good and relevant news relating to the stock markets, because being informed and aware of what is happening in the broader economy and specific sectors be it small caps or large caps is very important.

Over the years I have developed a base of sites which I use for getting a feel of the market and being updated on the latest news affecting stocks daily.

Cnbc.com

Cnbc should be your first stop to catch up on the latest news and what's happening in the world of business and the economy.

Stocktwits.com

Stocktwits is the equivalent of bring stocks and twitter together. Yes you are correct, its where people tweet about stocks, currencies, commodities. Easiest place to pick up news on whatever it is one might be searching for.

Bloomberg.com; Reuters.com

Again two specialized sites for information and news relating not just to stock but the economy and business world in general.

Marketwatch.com

A Wall street journal site dedicated to latest stock market news.


Stock market software

What all software should we use to make money in the stock market?

Its difficult to make money in stocks, thus we must ensure we have the right tools on our side to help us make the correct decisions. I have listed below the various software in various categories that one could use to enhance decision making.

Charting software

a. The popular software in this area are

b. Trading software
c. Data & Price quote
d. Information and news

S&P 500 stocks which have gone up atleast 4x in past decade

Below is a complete list of S&P 500 stocks which are now at-least 4x of what they were a decade back. The total number of such stocks ?
93 !!!

Can you believe that number !! Which is why I wanted to share this. The power of information. Even when the market has trade sideways a fifth of the index has done really really well. Just to make it clear, a 4x return over 10 years means about 26% return every year on the portfolio. Amazing stuff.



Multi-bagger stocks

Multibagger stocks or stocks which have gone up multiple times over a period.

I wanted to present a concept here which I have spoken about earlier here. Below is a list of stocks which are part of the S&P 500 index whose market capitalization 10 years ago was less than 2billion dollars and the same now is atleast 10billion USD plus.



This is just to show that even in an environment where stock prices overall did not go anywhere there were at least 32 stocks which went up multiple times, a minimum of 6 times to a max of 100 times !! And these are not random penny stocks, but part of the widely tracked and traded S&P 500 index. Buying stocks which are part of major indices such as the S&P 500 ensures that one is buying reasonably good quality companies and not penny stocks or manipulated stocks.

Also each of these is now worth more than 10billion USD, making them reasonably large corporations. Fact is, one could have identified them if one sticks to buying stocks making new 52 week and lifetime highs. 


Best stocks to buy now

I have been wondering for the past many years as to why stocks I buy don't go up, or at least not as much others do. I mean there are so many stocks which double treble and go up ten times, and I just never seem to have any of them in my portfolio !! :)

A lot of reading lately though, I think has pointed to me in the right direction. As I read somewhere, one has to fish in the right pond - the one with the larger number of fish. If we consistently fish in a pond with no fish, obviously one is not going to catch any fish !!

The pond with no fish is a reference to stocks making 52-week or lifetime lows. And the pond with lots of tasty and big fish is the group of stocks making new 52 week or lifetime highs. Think of it, a stock which goes up say 10 times in 3-4 years time, does it go up 10 times in the first day itself ? Maybe it doubles first, and in the process makes new 52 week highs or maybe even lifetime highs. It would seem difficult to buy such a stock after it has already doubled - but the fact is it would go up another 5 times from there.

Its a simple concept no - today's largest companies were not born large. They were all small or mid sized when they first listed, and over a period of time they became huge. Their market caps must have grown multi-fold times in that process. Say a company with market cap of $100 billion might have listed at a market cap of 1 or 2 or even 5 billion. But from there it still grew 100 or 50 or 20 times to be what it is.

Yes, the point is also valid that how many of these small companies would grow this big, and how many would whither away or remain average performers. And how would one know in advance which one's would grow 100x and which one just 2x. Well that's the point right, when one buys stocks making new 52 week highs or new lifetime highs, one is not trying to forecast which ones would become the largest caps.

But even if 10% of these stocks would grow 100x over 10-15 years, then that would be enough to generate amazing returns for the portfolio. And its possible for companies to grow that much. Our markets are littered with stocks having market cap of 10 billion and above, and most of these would have started really small.

So there it is - the secret sauce. No longer secret. The best stocks to buy now or anytime are the ones making new lifetime highs or new 52 week highs. 

Dow Jones Historical Chart

djia historical chart
Dow Jones Long term historical chart (monthly chart)

Dow Jones Intraday Chart


Dow Jones Intraday candlesticks chart with Slow Stochastics and RSI

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