“Here’s an illustration of how I use Zacks Market Edge for investments.
There’s three specific actions driving this technique:
Research: discover stock buy opportunities by listening to Zacks Market Edge
Review: Once a specific ticker symbol catches your interest, review the stock in Robinhood and do some sanity checks. For instance, I scan Robinhood for recent news at the bottom of the screen about the stock I’m viewing. I’ll typically get 2nd opinions from Yahoo! Finance which appears in Robinhood app too. Important: check the 30-day, 90 day and 365 day running average for the stock in robinhood. If all three are green that’s an indicator the stock is on the upswing.
Management: Once I’ve bought the stock I add it to my Zacks portfolio on their website. This is a free service. You can get it to e-mail you as frequently or infrequently as you like. I just get this e-mail below 3 times/wk (Tues-Thursday). I sell any stock that is ranked as either a 5. That likely means the stock reached peak value. It’s probably time to sell this stock. If any of the icons on the left change from Green/Yellow to ‘RED’ I review the stock and usually put it on the chopping block.
After a few weeks or months, once the stock goes up a little, set Robinhood to sell the stock using the “stop-loss” option that presents itself when you sell the a stock in the app.
Daily: Listen to APM’s Marketplace podcast, and keep ears peeled any “growth” oriented stock investments. The S&P 500 is mostly tech stocks and might be an indicator of whether your stocks took a hit.
Thanks Tracey. We love your show!!”
Athonia C. via Apple Podcasts ·
United States of America ·
03/09/18