Ibd

camper65

Member
Any IBD subscribers out there? Whats your opinion?
Have looked it over several times, seems to be worth the money.
Would like to get your views.
 
Great source of information but it's not cheap. It's best read periodically and used solely as a learning tool. The most important thing to remember when reading it is that by time something is printed, especially a stock recommendation, you've missed it. IBD talks alot about how their stock picks soar 20-30% after they are printed but they never tell you about how they usually drop 8% in one day as the hedge funds unload them.
 
Wow, so long since that last post. The digital subscription doesn't seem as expensive as the print used to be. At least now they have the digital alerts on the phone to tell you when a possible breakout is coming as opposed to 2007 when you'd read about it in the newspaper the night before. Also, the lists are more consistently updated and contain better information on recommended buy points. Less guess work if there's something on your buy list, but it's still a lot to ingest.

Strongly recommend to anyone getting into stocks to read the books and maybe subscribe for a few months to get the idea of how markets work.

There are currently five distribution days on the S&P 500. Any time there's four or five in a span of four to five weeks, they recommend doing some selling and raising cash.
 
The distribution days count hasn't changed much. One day will drop off because of time, but then another day will register indicating heavy selling into the rally. Distro days are piling up on the Nasdaq now too.

They usually have a lot of ideas for trend breakouts but those lists are dwindling and the quality setups just aren't as plentiful even compared to a month ago.
 
If today's gains hold and volume is up, today will be a follow through day according to IBD rules. FTD's indicate the start of a new rally.
 
Lightest trading volume day in the last four for the S&P 500. :suspicious:

If today's gains hold and volume is up, today will be a follow through day according to IBD rules. FTD's indicate the start of a new rally.
 
They weren't enthused about the volume on Nasdaq and continue to proceed with caution.

IBD's 40 year anniversary sale is on now. $40 for 4 months if anyone was looking to check it out.
 
Volume has been shrinking dramatically. Another new 2024 low in trading volume today.

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Did the volume qualify, or was it just the 1% gain that made it official?

I don't see any spikes in volume, unless they are considering the Nasdaq and its volume driven by GME and AMC.

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