Question:

Upgrade stocks?

by  |  earlier

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hi

i am a day trader. i want to learn diferent stragadies to trade. one stragadies i use is good earning report . i chose stock with good earnig report and which usually give me a decent profit. also stocks that are upgraded by anylast usually goes up. is there any website which will tell me what companies are upgraded before the market opens.

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2 ANSWERS


  1. briefing.com is your one stop shop for premarket news and earnings. However, I am not sure that this strategy will work in declining markets such as the one we have now. Better to just short bad news and go with the trend.


  2. Most day traders use stock technicals and couldn't care less about the fundamentals.

    You can visit MSN Money, or Yahoo Finance

    http://moneycentral.msn.com/home.asp

    http://finance.yahoo.com/

    You can also visit http://www.schaeffer.com/

    http://www.zacks.com/

    http://screen.morningstar.com/StockResul...

    these websites can provide the advice of analysts and their ratings.

    BUT to be a successful day trader, YOU DONOT look at the stock's fundamentals, you are wasting your time and effort.

    If you're going to day trade you MUST look only at the technicals.
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