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    Information Is The Most Valuable Commodity When Trading Stocks

    Posted on May 4, 2010 by Dana Salvo

    So you want to get into the game of day trading stocks? Whether you’re a rookie or veteran of the stock market, The Stock Wizards encourages traders and investors to look for stocks with forward-looking events. What is a forward-looking event? A forward-looking event is when a company announces publicly through a press release that there will be some kind material event that will affect the company in the future. Another way of looking at it is using the term Catalyst.

    How do we find such companies? We gather as much information about a company as we can before investing our hard earned money. Information is the key word here. Remember Michael Douglas’s famous quote from the movie Wall Street? “The most valuable commodity I know of is information, wouldn’t you agree?” And let’s not forget the high tech society we live in today. Information is right at our fingertips so there are no excuses for not doing the research. A little research goes a long way when searching for companies with forward-looking events. Read the rest of this entry »

    HP to buy Palm in bet on smartphone arena

    Posted on April 29, 2010 by Dana Salvo

    (Reuters) - Hewlett-Packard Co (HPQ.N) announced a $1.2 billion deal to buy Palm Inc (PALM.O), betting it can resuscitate the struggling smartphone maker to compete with the likes of Apple Inc (AAPL.O) and RIM (RIMM.O).

    Apple shares leap to record high after iPhone report

    Posted on March 30, 2010 by Dana Salvo

    (Reuters) - Apple Inc (AAPL.O) shares shot to a record high on Tuesday, rising about 2 percent after a report the company is developing a new iPhone that would work on Verizon Communications Inc’s (VZ.N) mobile network.

    Apple COO gets $22 million reward as Jobs stand-in

    Posted on March 13, 2010 by Dana Salvo

    (Reuters) - Apple Inc has awarded its chief operating officer a bonus valued at $22 million for leading the company while Chief Executive Steve Jobs was on 6-months’ medical leave last year.