How can you tell if the stock market will do good or bad for that day and if UYG will do good?
(For school. I don’t know much about the market…)
Answer :
The market is a big guess most of the time, but educated guesses can be made about their performance. The best way is to follow the news, for instance if the car bail out goes through one day chances are the next day the market will feel the positive and it will go up. If there is nothing in the news, what you can do is look several large individual stocks like GE, UTX, GM, F, and C after the market is closed for that day. Go to yahoo or google finance and find out what the after hours trading is doing to them. If they are trading lower than their close price than chances are they will be down the next day.
Posted: August 11th, 2010 under US Stock Market.
Tags: Stock market