Welcome to All About Wall Street. I designed this blog to arouse a discussion about the stock market, recent purchases, ideas, and anything else related to finance. In recent years the market has fluctuated more than it ever has. Feel free to follow and post anytime you like. My email is ferenczi.milo@yahoo.com
Jan 19, 2011
News
If there is one piece of advice I can give you about doing well in the stock market, it is: know what is going on in the world around you. The news can help you in many ways. The BP oil spill was a perfect example of this. I know people who were invested in BP and did not hear about the oil spill until a few days after it happened. In that time the stock dropped significantly. Read some sort of newspaper daily or watch the news for at least 30 minutes.
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The good thing about it, is that also if you watch the stock market daily and read the news it will help you a lot. The day that BP announced about its new cap to stop the oil spill, their shares went way up.
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