Mornings

  I like to be awake before the markets open in the morning so I can check the market update on Yahoo! Finance. It basically tells me what the markets did overnight and lets me know based on the futures markets which direction the market is poised to begin the day. I also like to check the 24 hour news channels to see if anything catastrophic has occurred that may interrupt the orderly flow of orders as the market opening approaches. I also like to check the balance in my accounts to see if any unexpected dividends came in that weren’t on my radar. That balance will become my ammunition for that day.

  From there I start to cruise the net for information and research. I have several sites I look at and most of them are listed on the right side of this web page under the title of “Additional Resources”. One of my favorites is StockCharts Voyeur. It’s a stream of stock charts that people all over the country are currently viewing. It just gives me a idea of what others are interested in and allows me to see charts of companies that I probably wouldn’t have looked at on my own. It’s a fascinating and entertaining website and often provides me with new ideas.

  At this point it’s time for the opening bell and I’m probably watching CNBC or FBN. The first 30 minutes of the day will usually lay the groundwork for the remainder of the day. For what I do next, please see the article entitled "The First 30 Minutes".