So, I have a theory. I believe that anything that is said on MSNBC regarding stocks in a positive sense will peak the stock, then deflate the stock within a five-day period. I would like to test that out with a simulation platform. I know of Invsetopedia, but are there any other free simulation platforms out there that I can test this with?
On MSNBC? I wouldn't expect any correlation. MSNBC is all but devoid of viewers. But Google/Yahoo/Bing is your friend. Search using the term "stock simulation" and have fun.
You can program your own monte-carlo simulator if you have the computer knowledge. I know you can buy them off the shelf with a lot of trading-platforms too. I use a simulator that a friend designed for me, but for what you're looking to do you can probably just track the variables on a day-to-day basis, unless you want to back test the theory, but in all honestly that would be a difficult gathering all that info, because I don't see it being readily available like normal stack market data-points are. Good luck whatever you choose to do.
I think you're referring to CNBC, not MSNBC? I always take a look at the daily winners and losers, and will dig in and look at them closely. I'll usually put the winners in a watch list, and will often start buying into them (if they look like they'll be a good investment at a cheaper price) a little at a time days and weeks later every time they sell off double digits. I may carefully short a winner that day if it has really blown up, and will usually exit the short position that same day, either with a nice little profit, or perhaps a small loss. I will also take a hard look at the losers, and will sometimes buy them that very day at the new low price if it appears that the big selloff was an overreaction that made a good company suddenly very cheap.
