Ash: What stocks currently have good profits on a weekly basis?
I am playing a stock market game at school and I would like to know some stocks that will make me good profits in a short period of time. I have about six weeks left and $ 100,000 of pretend money. So far I bought BIDU and SIRI and have made nice profits from BIDU. I recently bought SIRI because of the possible merge with XM. Thank you.
Answers and Views:
Answer by redwine
I think you have to play real go-go names if your time frame is that short. Look for mergers that might occur or short those that break-down. Commodities and Tech are where there’s lots of interest. You should also look at the earnings calendar and try to play possible outperformance.
Your doing good. I would play the “earnings game.” Buy the stock about two days prior to earnings, buy the ones that you research and look like a profit will be made or beat the street. Then sell the day of the anouncement. You’ll win that game that way. Thats how I almost won the CNBC million dollar challenge. Go to CNBC earnings section. Good luck.Answer by Les M
Ash, look up in sites of markets for MOST VOLATILE…….get a weekly chart drawn up for a few…….look at the range…….see if you can determine a pattern of upward trend. Day-trading is not easy. Try looking at a HEAD-AND-SHOULDERS pattern in a TECHNICAL TRADING scope of analysis. Then make your hypothesis. Good Luck and have fun. You can also try getting some INSIDE INFORMATION. Just kidding.Answer by Chuck P
Bidu is good, also Google, and Rimm, Isrg and Ptr,flr and drys. That should double your money.Answer by jebediabartlett
Any of the ” dry bulk shippers” from this site: https://shipping.capitallink.com/
Or… EMC…DKS….or real risky: HMINAnswer by jasonsegon
try and do your homework
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