NwWlth

8.22.2007

What To Look For..

Resource: MarketGauge organizes the day's winners and losers. Unusual price and volume has pointed me in the direction of great companies being oversold/companies going on big upward moves that usually go bigger. Worth bookmarking for sure.

Discount broker consolidation could become a theme

Financials are now up 5% in last five trading days. I still would not touch them with a ten foot pole except for the pure asset management players like BLK or LM.

Although I never advocate buying companies with negative earnings. I think TTWO has major upside and may be an exception. They publish Rockstar Games makers of Grand Theft Auto. Stock could be a buy due to a new critically successful franchise on their hands in Bioshock.

Ahead of the Curve: After I managed to find over $700 worth of test prep materials through torrents for a certain financial analyst exam, I wondered what's holding college students back? They love free shit! Textbooks are awfully expensive and most students are tech-savvy enough to figure out how to use BitComet. What's stopping someone from helping them? This would negatively effect the McGraw-Hill's of the world obviously.

Remember why you need to invest in the stock market. It is important for young people to understand that there is no better way to save, grow, and get rich than the stock market.