Daily market Comments - March 20, 2006  12:28 PM

Stock Trading Charts

Stock Trading Charts – Which Ones Are The Best?

I’m often asked about charts for stock trading. Which ones are the “best”? Which ones do I use/recommend, etc.

Here are my answers to those questions.

For “quick and dirty” stock chart analysis, I use the free chart service at BigCharts.com. These are the charts I use in my Stock Fishing Membership service, and the ones I use each and every day to look at dozens and dozens of charts.

But to use these free stock charts effectively, you must understand the system I use for stock chart analysis. This is also the same system I teach in my Stock Fishing service, the one you can use to glance at a stock chart and immediately tell if the stock should be bought, sold, or just left alone. It’s also the system I teach stock market “newbies” to out-trade the pro’s in 30 days or less.

I use the charts at BigCharts.com mainly for end-of-day stock analysis.

On the other hand, for real-time stock trading, I only use the charts available via the Telechart Platinum service from the Worden Brothers. For too many reasons to go over here, I think the TC Platinum service is the best value of any stock analysis service on the planet, bar none. I use the service to scan the entire stock market several times a day and serve me the best trade setups of the day on a silver platter. It just doesn’t get any better than that, in my humble opinion.

For more information on any of these stock trading chart services, or for any additional information on the Trade Your Way to Wealth services in general, please feel free to drop us a line from the “Contact Us” page or a post in our Forum. Or just head over to the Member Services page. Also, scroll to the bottom of any page on our site and click on the graphic link to get to the Telechart Platinum info page.

Good luck in your stock trading chart analysis!

Now, on to business.

The market is mixed today, with a change of pace – the NASDAQ is leading the other indexes with a gain, while the rest of the indexes are currently in the red.

The market also may be marking time until the new Fed chairman speaks later today.

Per the Investor’s Business Daily website:

“The market is awaiting remarks from Fed Chairman Ben Bernanke, who is slated to speak this evening at the Economic Club of New York. Investors will be looking for clues as to where the Fed chairman stands on inflation and the future direction of interest rates. Next Tuesday, the fed funds rate is expected to rise to 4.75%, the fifteenth straight increase since June 2004.”

But here’s a stock not waiting for anything or anybody to go up today…

Our stock for review today is NOIZ – Micronetics Wireless Inc.

NOIZ is “making some” today with a strong kick to the upside from a Doji – to the tune of almost 12%. Volume is unusually large – 1,838% above normal!

Make some NOIZ in your portfolio today by considering the stock!

And to keep track of NOIZ and all the other stocks in you portfolio, be sure to check out our recommended stock trading chart services mentioned in this article.