Identify the Next New Hot Stock
By Micheal James | Submitted On November 17, 2010
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Do you know how to identify the next New Hot Stock? This is easier said than done; otherwise everybody would have been a millionaire. This requires a lot of patience, skill, experience and a lot of alertness or pro-activeness. So what is that hot stock? Well, it might be one that has suddenly sprung up in value, just out of nowhere! And it actually happens!! It may be a stock of a very trivial company but might be doing exceptionally well.
The Stock Market
A stock market is also known as an equity market. A market is an open market for the trading of company-held stock as well as their derivatives at a consented price. It is a large network of several thousands of money-making transactions. It does not have a physical existence as an entity. But at one fell swoop the stocks are listed on an actually accessible unit known as the stock exchange.
Not many years back, the dimension of the international stock market was marked at about less than 50 trillion dollars! The accrued worldwide derivatives bazaar has been retorted to be at about twenty times that number! This
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Apple’s Inc.’s graphs clearly shows how the stock price has been increasing in instances of Open, High, Low, Close, Average and Volume rate between the period. As it was depicted in the descriptive statistics table, the stock price has been inclining constantly within two months. Benefiting from the great increases in the sales of IPHONE and IPAD and the record surge of Mac sales, the apple stock price has kept rising since last October.
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