- There are thousands of stocks out there. And in this video, Mubarak Shah shows how you can quickly research a stock and instantly know if you want to add it to your watch list. Check out if you want to figure out more specific trading strategies.
Disclaimer: This is purely educational, not investment advice.
TIME CODES
[00:29] A watch list is a whole list of stock you're interested in, that you believe are going to show price action that you can act on to profit.
[00:50] One of the key things is to look at the technical part of the stock and the fundamental part quickly to be able to decide whether or not it is something you want to set in your watch list.
[01:03] As a beginner for the first trading year, I recommend you write down every stock you analyze.
[01:37] Finviz has a dashboard that shows the top gainers, top losers, any stock that showed unusual volume (this suggests there's some type of play going on)
[02:11] There's a lot of history that a price chart tells you
[2:17] So if you sort a chart within different timeframes, the type of graph changes.
[02:45] I always like to diagnose the day after on the top gainers and losers -- why did that happen? is that something I should have seen? Is that something I could have participated in?
[03:05] Analysing XBIO stock using Yahoo Finance. You don't have to use Yahoo Finance. You can use your trading platform.
[03:17] XBIO stock went up 33% in one day. Why? Possibly a pump and dump.
[03:40] Look at the date and the volume of shares traded.
[3:59] Before you trade any stock, you need to make sure there's liquidity
(being able to buy and sell the stock without being stopped).
[05:11] Figure out the history of the stock. The price history tells a major story
[06:23] Put the 52-week high on your watch list
[06:58] When you're day trading, you don't need to worry about the fundamentals, what the
stock does, what their profile is...
[07:28] When day trading, you're looking for volume, 52-week high, and the double catalyst
rule.
[07:41] The double catalyst rule is you make sure there's a technical breakout that gets
combined with a fundamental breakout. Simply put, if the stock has a one year high of
$10 and there is good news about the stock (a new contract, FDA approval), then you
know that's a stock you want to trade and ride the momentum.
[08:39] Make sure the volume is at least 100,000 on average; Make sure that the price is set
up for being able to profit off a pump and dump or any strategy you prefer.
[09:19] If you have any questions, comment down below or email us at admin@inpennystock.com
Thank you for watching the video. I hope you enjoy the video and learn How to Research A Stock In 5 Minutes Or Less. If this video helps you, please subscribe to my channel and like, comment, and share the video.
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