I find people watch way too many stocks.  Don't do that.  It's stupid.  What you should do is make a list of 50 or 60 companies and only watch those.  How do you choose what to watch?  I'd choose companies with 'name monopolies.'  They don't necessarily have an actual monopoly, but they are the company you think of when you think of a product or service.  For example, if you think of soda pop you think of Coke (KO) or Pepsi (PEP), if you think of motorcycles you think of Harley Davidson (HD), if you think of family entertainment you think of Disney (DIS), if you think of fast food you think of McDonalds (MCD).  It's not that these companies don't have competition, they do, but these companies also won't go out of business. 

 

Narrow your watchlist down to 50 or 60 of these types of companies and you'll be be able to tell just by looking at the price if it's a good buy or not.  Tomorrow I'll tell you how to know what price to buy into stocks at.

 

Invest in peace...