welcome back to how to swing trade for beginners on etoro lesson two let's get started
stock market news and business trends it's important to follow overall news and trends
in business and the stock market first let me show you why and then go over some news websites i use
when we search finviz for stocks sometimes we will see lots of stocks from a particular sector
or country we need to also research why this is and not over-invest in that sector or country
today there are many Chinese stocks below the rsi line of 30.
now we search google for why chinese stocks are down we can see china is cracking down on chinese
stocks that are listed and traded on the u.s stock market meaning they may set extra regulations
in this case we want to avoid these stocks if more suitable stocks are available or have minimum
investment as you can see i only invested in one chinese stock because of this trend google news
is my favorite news research tool as you can get the news from all the top websites in one place
just google what you need to know or google the company's stock price and hit the news tab
when you buy or add a stock to your watch list on etoro you will get lots of news and opinions
from other investors on your news feed this can be helpful but remember to always do your own
research make sure to add these to your watch list on etoro etoro investment for news on stocks etoro
team for what's happening on etoro and volatility alerts for large dips or spikes in stock prices
some other notable news sources are seekinggalpha.com
and the old reliable yahoo finance stock market news
another favorite of mine is the daily email newsletter from stocktwits.com which contains
some of the most important stock trading news of the day in an entertaining and easy to read format
you can sign up for stock twits daily rip newsletter by searching google for the sign
up page or by creating a stock twits account it's like the twitter of the stock market world
okay guys let's pass it over to our swing trader copy trading forum for some live trading enjoy
thank you ai assistant hi guys hope everyone's enjoying the series on swing trading now today
i'm going to go through my process the swing trading process quickly with you again i sold
a stock yesterday payoneer so i have to add another stock to make up eight stocks
i hope you're enjoying the ai lady let me know in the comments what you think of her she's very
useful for making tutorials okay remember we go to finnviz.com and we check for mega cap stocks
under the rsi line of 30 and if there's none we go too large we check large and remember okay we
have all these stocks here they're under 30 and they're large they're the biggest companies the
large capital stocks okay so here we have a lot of chinese stocks and i talked about that previously
but let's see here i found one stock here is called grifold's it's a spanish stock okay
so to make plasma blood products for hospitals etc so what we do next we research this stock so we go
to stockcharts.com and you just put in the ticker name so the ticker name is just the name the short
name for the stock it's grfs in here and then you can search the stock charts and you can see
here that this stock is down to 28.39 which is below the 30 line which is perfect for us
so next we put into google we put in grfs stock price prediction and set and click search and c
it c money.cnn.com is the first website and our preferbsite ored wekay so you can see it's
trading today at 16.06 and the low analyst expectation for the next 12 months is 17.70
so we were way below that okay and a high analyst expedition for the next 12 months is
over double the current price and the medium is 26.76 so really good price here
you can see the analyst rating two buys no hold and no sell so perfect for us guys okay so the
next step is we look to why is the stock price down i'll just show you the stock price first here
it is we wanted 10 percent over the last month so you drag drag a pointer from the the highest
price to the lowest price and you can see that grifod's is down 12.31 in the past 30 days or
one month so that's perfect another thing i want to show you guys you look over the over the five
years and you want a stock that is rise and rise and rising year over year but this stock it has
kind of risen went back down risen went back down but it's it's stuck here at a low position
it's never really dropped the way down there the lowest point over the last five years was like
$14 and 84 cents the perfect stock would rise rise rise rise up but you can't always get them
but this is pharmaceutical stocks if they're usually go up and down up and down but this is
kind of in a straight line and it's at the the lowest point there so the lowest point there it
hit last september was 15 83 so not much offer and the great thing about buying these stocks
these low price stocks is you get a lot of stocks for your money so you can get a lot more profit
because if you buy like amazon you've got you're going to pay hundreds for one stock but here one
stock is 16.15 and then we go to google and we look at to why this stock price has dropped okay
and just before i said to follow on here i just want to show an example of the graph there was
bud bud was in the thirty below the thirty line yesterday and i didn't buy it and the reason was
if you look over the five years you can see it's drop and drop and drop and drop and so it it could
it had a really high point there but you can see that it's dropping drop and dropping not like our
stock today which is it's going up going up and up and then it's gone to the low point there so
it's not dropping dropping dropping from the high pine so i'm happy with that but the perfect one
would be going up and up and up and then the drop okay but i said research the news all you have to
do is put in the grfs stock price and hit the news tab and you get you get the news here so here we
looked at yahoo finance and there was news on this stock here the yahoo finances saying it's a great
value at at the moment and i agree and sachs rank investors okay they have put up a strong buy on it
so they put a a rank of two so a buy for this stock at the moment okay well what happened to
this there wasn't much news in these not not as much articles written on them so i went to
etero and i found out why this stock dropped previously in the last few months i looked on
google google also gave me a news article earlier on that said that the stock was brought from uh
down to a whole rating by analysts remember the whole rating is not a buy rate it went from buy
to hold so the stock price dropped but also i looked on i went put in the grifoll into etoro
and i got the stock here and i just looked at the news feed for each stock as newsfeed underneath
and this guy here online bonus underscore d e he published about a month ago he published an
article here on why the grifod stock went down so grifod's withdrawal today due to failure of their
u.s competitors so our u.s competitors were in a study on a treatment of severe alpha-1
some sort of a disease but it wasn't successful okay so this affected also the competitors or
price because if they didn't go through with the trial the trial didn't work out for them
it would probably not work out for griffon so the stock price went down okay but it's great
news for us guys um because you can see here that it's a great it's a way below it's it oh well
a dollar seventy but below what the analyst the lowest um forecast for the next 12 months we've
only got two buys on it it's at a great price guys that the news of this trial that didn't go
through for the competitors is long gone okay it's a month old and the stock price kept coming down
so we can see here one month it's down down down to a really good price so i'm gonna add this to
my portfolio okay so i just come up here to the top here and also you could just click on the
trade here and i have one eight of my portfolio there i'm gonna click no take profit i'm not
gonna set a stop loss okay and click the buy okay just make sure you're on the buy position there
i don't take stop losses and then i click set order okay so now this stock
buy okay order receives okay so this stock is gonna buy now it's in the spanish
spanish market okay so i've added that one to my my list okay so i hope you understand that guys
so now i have eight more stocks in my portfolio okay so i'm gonna pass you back to the ai lady
to close off the video remember to like and subscribe um and to if you're new to etoro just
use my affiliate link in the description to be supporting the channel and lots more videos to
come now in the future okay so peace and love and have a great day goodbye thanks for watching
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