Wednesday, March 26, 2008

Quick Links

The "Quick Links" on the left side bar will comprise of links to websites that offer free information to the investment community. I usually look at these websites every morning to get an idea of what the markets are saying.

Nasdaq PMI - Offered by Nasdaq.com, Is a pre-market indicator of how the nasdaq stocks are trading in the pre-market(Time before the stock market opens usually between 8am - 9:30am EST). Usually, I get a sense from the Nasdaq PMI whether we would have an up or down opening at 9:30am in the Nasdaq.

Briefing.com - This site has a wealth of information. In the morning, I mainly go to Market snapshot, Stock Market Update, to see how the S&P and Nasdaq futures are doing. It's delayed of course. I can also get a sense of if the market will open higher or lower by if the futures were higher or lower.

Smartmoney.com - Also has a wealth of information. Not all is free but one of the free features I particularly like is the Map of the Market. This shows you a map of stocks, within their respective industries, with red and green colors to indicate strength and weakness. This might be useful to those who are looking for stocks in strong or weak sectors. It also has a free sector map.

Yahoo Economic Calendar; Forex Economic Calendar; FXSTREET Economic Calendar - Well, these are self explanatory. News almost always affect the markets. I check these so to know when news is coming out in these markets and I decide whether to trade or not during those times. Yahoo also has company events if you need to know if specific news or earnings reports will be coming out for a specific stock.

MORE TO COME

Nigel

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