Stock Trading Tool

Stock Trading Tools On And Off The Internet – Which Ones Are The Best?

I’ve been asked several times in the past about my favorite stock trading tools.

I have several that I use on a daily basis – both online and off. Let’s go over a few of those right now.

Let’s start with offline stock trading tools. These include financial periodicals, newsletters, books, etc.

As far as online stock charts, I think BigCharts has a fantastic service. And it’s totally free! I like their charts because they are so easy to view online. They have several other “hidden” services that are highly beneficial too. (Check out their “Big Reports” to see what I mean).

But here’s my favorite online stock trading tool of all.

Up until now, I’ve told you about tools I use in researching great stocks with great fundamentals. But this tool is one I use just to flat out tell me the best stocks to buy right now – because they are moving up right now – today!

I’m talking about Telechart Platinum from the Worden Brothers.

Using TCP, I can set up scans with almost any parameters I want, and the software goes out and searches the entire stock market – in real time - and serves me these great trade setups on a silver platter!

This is my “secret weapon” in finding those stocks that take off like scalded dogs – those DDPG’s (Double Digit Percentage Gainers in one day). I used TCP to find over 57 DDPG’s since January 11, 2006. I would not be caught dead without this amazing stock trading tool.

Well, that gives you an idea of my favorite stock trading tools. Hope this helps you in your ongoing quest for investing and trading excellence!

Now, on to business.

The markets are trading flat today, as economic data is largely positive, but that news spurred concerns about further interest rate increases.  The good news is the market seems to keep shrugging off those concerns, and is marching on to new highs. Just think what may happen when the interest rate increases stop! (Go back to 1995 to see the last time that happened – then examine the aftermath).

Here’s a stock NOT trading flat today, and is one of our long-term favorites…

Stock for Review

Our stock for review today is RACK – Rackable Systems Inc.

RACK is breaking out of a slight pullback area, and gapping up off a Doji – a potentially very bullish situation. It’s also up to new all-time highs today on volume 253% above normal.

“Rack” up some gains for your portfolio – consider RACK as a long-term investment!

Product Of The Day

Stock Trading Tool Of The Century?

As I mentioned above, I would not be caught dead without my Telechart Platinum software scanning service! Highly recommended.

A Stock Trading Tool No Serious Trader Should Be Without!