I am 23 years old and a recent college grad and wanted to get some info on setting up a Roth IRA. Should I do this at my bank (PNC Bank) or somewhere else. Are the rates and returns similar for ...
10 points to the first person to explain in the simpelist terms. I tried to look it up on the internet but because I'm not familiar with banking terms I didn't unerstand what they were ...
I recently become eligible to join 401K through my work for the first time. With a recession possibly looming around the corner and the Market not performing very well right now, what should I do? S...
I was given $15,000 as a gift and I was wondering what the best way to invest the money to make the most interest. All advice is appreciated!! Additional Details I would like to invest ...
Nov.12th 2008...Dow Jones is 8282.66...the Nasdaq is 1499.21...the S&P 500 is 852.30 as of this writing. Is it conceivable that these numbers could ever drop to zero? And if they did, what would ...
hi i am looking to buy some stock for the first time by my self, i already have some stock that was purchased for me by some relatives when i was younger but this will be the first investment that i ...
I am not interested in day to day trading. What are good companies to invest it in if you are a poor man like me but would like to invest something.
How can I read the investment portfolio?
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gather dozens of large cap stocks on a watchlist.....when their quarterly reports come out, and the stock drops, buy $10K worth, because the next day it will rebound, but be ready to sell that day, because the rebound will be short-lived
A technique which might work better is to take a page of stock listings from the newspaper every day, tape it to the wall, throw a dart at it and buy the stock the dart hit.
First L
may or may not.
Large cap has influences on the market also. if there is bad new on the large cap, the market goes with it. And you may buy into a downward trend and may not rebound for a while. Then you are stuck for a while.
valcon
Your strategy sounds aggressive. I suspect it will work if you can be sure we are in a bull market. The problem is at present the market looks extended....
Why don't you test out an alternative strategu ? At the start of every year/quarter, find out the worst performing 10 stocks during the previous year/quarter and buy a small basket of them. If you want to be safe, add in a quick financial scan to ascertain if they have the balance sheet to withstand more adverse situations.
cmeduck
A better strategy would be to simply buy a stock when it announces a stock split and hold it until a couple days after the split
Jeff
http://www.best-stock-trading-systems.com/internet_stock_investing.html
Some Dude
no that isn't crazy it's stupid. to purchase and sell you will be charged a commission every time, unless you can get a roundtrip commission. In either case you'll lose much more on those commissions than you will gain on the false and unlikely assumption that the stock will rebound, let alone in one day.
The market punishes poor earnings and rewards good earnings, and its not gonna be just for a day.
vegas_iwish
The reports are often old news before out. Yes - crazy.
Robert J
The only problem with that is that you're making a presumption that stocks will always rebound the next day on bad news. While this is the case in some instances, you'll often find that stocks will continue to decline for multiple days, especialy if forward-looking guidance is negative.
I see what your thinking, and have had the same thought myself, but you'll probably lose money with this strategy