Use Stock Predictions to Increase Your Odds of Profitable Stock Picks

Picking red on the roulette wheel gives you an almost 50 per cent chance of winning your bet. There is almost no skill involved and whether you win or lose depends on nothing more than luck. Contrast that with picking a stock. Like the little marble spinning around the roulette wheel, you have two possible outcomes. A stock can go up or a stock can go down. Unlike the random outcome on the roulette wheel, you have a vast array of information that you can access to give you a better than 50-50 chance of being right with your stock picks.

Go ahead and do your research and then compare your findings to the predictions of the informed investors that make up the community at PredictWallStreet. You may be surprised when you see just how accurate group consensus opinion can be. Join the community,share your stock predictions, and use the community’s predictions to affirm or alter your stock forecast before you make a final investment decision.

Most investment advisors would tell their clients not to try to time the market. Unless you are a frequent trader, willing to make big bets on short-term moves, that advice is sound. That does not mean that you can not benefit by paying attention to the community’s prediction for a stock you are interested in for the long-term.

As an example, suppose you are considering the purchase of IBM because you think that they will be able to successfully restructure their business plan and return to the dominant company they were a decade ago. Your research might suggest that it will take another year to turn the ship around. Should you buy now, or wait for the share price to go lower? Predictions can be wrong, but if 75 percent of the PredictWallStreet community is voting that shares of IBM will be lower in three months, you may want to delay purchasing the stock until market sentiment turns positive.

In the above example, there is an element of market timing. You are not trying to buy and sell IBM to make a few dollars on its short-term price swings, but rather, make a decision on the best time to add the stock to your long-term investment portfolio. If you believe in capitalizing on stock trends more than playing the short-term momentum of the market, you have time to wait and watch.

If you want to increase your odds of picking the right stock at the right price, pay attention to the crowd. Make the community even stronger by sharing your stock predictions. By joining, you can help others and help yourself to be a more informed and better investor.

 

Investment Edge with PredictWallStreet Collective Intelligence

Taking a long-term approach to investing requires a totally different mindset than being an active trader. For long-term investors, time is on your side and you can recover from temporary dips in the market. On the other hand, if your time horizon is a day, a week, or a month, it becomes more urgent to accurately predict the price movement of a stock over the short-term.

Most individual investors think you can only make money when the stock market goes up. However, there are strategies (short sellers, options) that can be profitable when stocks decline. Wouldn’t you like to know which way a stock would likely move before the market opened for trading?

At PredictWallStreet, the world’s largest and oldest stock prediction community, you can share your thoughts on individual stocks and also benefit from the collective wisdom of your fellow investors and stock-pickers. All you have to do to join this fun and informative community is click through to the main site. Make a prediction. Would you recommend buying Apple or Google? With the price of oil down below $70 a barrel, do you think now is a good time to buy Exxon or Chevron?

See what the community thinks when you post your prediction. What makes the community so great is that you get a broad perspective from the diverse members of the community. Signing up is free and everyone who has an interest in the stock market is welcome to join. Members come from all different backgrounds and from all parts of the globe. There are those that just dabble in the market and those that are full-time stockbrokers and employed in the financial services industry.

On the “Predict Now” page you can see the poll results of the community and also see how accurate they are with their stock forecasts. Having both pieces of information available allows you to make a more informed investment decision. Using 50 percent as the benchmark for both price direction and accuracy of the community’s predictions is much more dynamic than basing your buy or sell decision solely on the majority (more than 50 percent) opinion.

For example, if community sentiment is 70 percent in favor of the stock price going up and the group as a whole is 60 percent accurate in its stock forecasts, you might want to buy some shares of Ford. On the other hand, you might receive a contrarian signal if 70 percent of the community is positive on Ford, but their track record shows they are only accurate 30 percent of the time.

If you want daily trading insights, real-time stock predictions and a very good gauge of investor sentiment, sign-up at PredictWallStreet. It will make you a better investor, plus, it is a lot of fun and it is free!

2015 – Is a Major Stock Market Decline in the Cards?

Some say 2015 will be another profitable year for corporations and the stock market will climb. Others say that the stock market is near a dangerous top and 2015 could be the year in which it crashes back down to earth. Stock forecasts do not always come true and the smartest investors are not always right. If you pay attention to investor sentiment before you invest, you’ll have a better chance of knowing when it is time to buy or sell a stock.

What do you think will happen? Are you buying or selling stocks? Are you on the sidelines trying to decide which expert to listen to and which stock predictions are likely to come true? At PredictWallStreet, members of the world’s largest and oldest stock prediction community, can share their thoughts on the direction of the broad market or on individual stocks through a simple up or down prediction. You can make stock predictions (whether the closing price will be higher or lower) daily, for the week, for the month, or for the end of a three-month period.

Looking at the bullish argument for near-term stock trends, analysts point to several factors that are positive for the equity market. The Federal Reserve has made it clear that they do not intend to raise short-term interest rates anytime soon. The dollar is very strong against other currencies and overseas investors want to own U.S. stocks. Bonds and CDs offer very small returns and putting your money in precious metals may be a losing proposition. Major corporations are expected to continue to report good earnings in 2015. There are very few alternative investment options that can match the returns of the stock market. So, at least according to some prognosticators, investing in the stock market is the best way to spend your investment dollars.

On the bearish side, analysts are predicting that the market is only months or maybe weeks away from a decline that could take prices down by as much as 50 percent from their current levels. They warn that the market is over-bought and just like 2000 and 2008, the impending correction could be a severe one. Among the reasons that so many think we are set up for a fall is the $18 trillion dollar national debt, the widening division of wealth between the classes (the upper one percent vs. the vanishing middle class), a tightening of the money supply, and continued problems with the global economy.

You’ve heard from the pundits on TV and in the newspapers and probably have formed your own opinion on how the stock market and individual stocks will perform in 2015. Share your prediction for the stock market with the PredictWallStreet community and learn what others are thinking. Use the collective thoughts as a tool to help you make the right investment decisions. No place is better at providing you with real-time market sentiment.