CANSLIM� Explained
CANSLIM� Explained: "CANSLIM Stocks
How would you know they are poised for an explosive increase in value? It turns out William J. O�Neil pondered the same question. O�Neil is founder and publisher of Investor�s Business Daily, a stock market newspaper. O�Neil has been in the business of providing stock market data to institutional investors since the 1960s. In the course of that business, he created a database containing fundamental and price information on thousands of public companies. O�Neil had the wherewithal to do what you and I would love to do�find the significant attributes of the winners of the past before they took off. He used his massive database to find the 500 biggest gainers in the years 1953 � 1993. Companies like Texas Instruments, Home Depot, etc. Then he analyzed these winners to find the characteristics they had in common before they took off.
O�Neil published the results of his study in a book called 'How to Make Money in Stocks.' O�Neil believes he found the winning formula, the seven basic characteristics most stocks have before enormous price advances. He uses the C-A-N-S-L-I-M acronym to identify the necessary attributes."
CANSLIM Discussion Group
CANSLIM Discussion Group
Increase your Investment Results with...
C - A - N - S - L - I - M
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CANSLIM is a philosophy of screening, purchasing, and selling common stock as described and developed by William O'Neil in his book "How To Make Money In Stocks".
In a nutshell, here is is a summary of CANSLIM (taken directly from Mr. O'Neil's book without permission):
C = Current quarterly earnings per share. They must be up at least 18-20%.
A = Annual earnings per share. They should show meaningfull growth for the last five years.
N = New. Buy companies with new products, new management, or significant new changes in their industry conditions. And most important, buy stocks as they initially make new highs in price. Forget cheap stocks -- they are usually cheap for a good reason.
S = Shares outstanding. They should be small or of reasonable number, not large capitalization, older companies.
L = Leaders. Buy market leaders, avoid laggards.
I = Institutional sponsorship. Buy stocks with at least a few institutional sponsors with better than average recent performance records.
M = The general market. It will determine whether you win or lose, so learn to interpret the daily general market indexes (price and volume chages) and action of the individul market leaders to determine the overall market's current direction.
Google - auto complete search box
Someone found this URL and sent it to me. It pretty cool. The box where you type your search criteria uses some sort of intellisense technology to help you come up with good search criteria. It also tells you how many hits you'll get if you choose one of the suggested phrases.
http://www.google.com/webhp?hl=en&tab=iw&complete=1&q=
Consumer Expenditure Survey Home Page
Consumer Expenditure Survey Home Page: "The Consumer Expenditure Survey (CE) program consists of two surveys the quarterly Interview survey and the Diary survey that provide information on the buying habits of American consumers, including data on their expenditures, income, and consumer unit (families and single consumers) characteristics."
MSN Money - Battle your budget back into shape - Learn to budget
MSN Money - Battle your budget back into shape - Learn to budget:
"Household budgets don't run themselves. When yours begins to break down, don't run away -- roll up your sleeves and start getting it back into condition."
Call in Sick or Go to Work?
Call in Sick or Go to Work? Here's Some Advice - Trustworthy, Physician-Reviewed Information from WebMD: "To keep it from happening again, here's a checklist of symptoms that help you determine if you have a common cold or something else"
MSN Careers - 10 Tips for Coping With a Job You Hate - Career Advice Article
MSN Careers - 10 Tips for Coping With a Job You Hate - Career Advice Article: "Having a job you just hate is never an easy thing to deal with, but sometimes you just need to grin and bear it until another opportunity comes along. Whether you're currently stuck because you just have to pay the bills or are holding out for the next great job, here are some things you can do to help you get through the day."
American Institute of Philanthropy - Charity Watchdog Helping Donors Make Informed Giving Decisions
American Institute of Philanthropy - Charity Watchdog Helping Donors Make Informed Giving Decisions: "The American Institute of Philanthropy (AIP) is a nationally prominent charity watchdog service whose purpose is to help donors make informed giving decisions. "
MSN Money - How to tell a good charity from a bad one
MSN Money - How to tell a good charity from a bad one: "How to tell a good charity from a bad one"
The appeals are hard to resist, especially this time of year. But ill-considered donations benefit no one so much as the fund-raisers themselves.
MSN Family/Learning
MSN Family/Learning: "'Playtime helps develop a baby's social, intellectual, language, and problem-solving skills,'"
MSNBC - The soft drink explosion among kids
MSNBC - The soft drink explosion among kids: "Another influence that parents can control is their own behavior. If parents drink soft drinks three or more times a week, their children are three times more likely to drink five or more per week than kids whose parents drink less often. Obviously, it can be hard for children to see why they should drink milk, juice, or water at meals and snacks while parents drink a soda. The availability of soft drinks at home and soft drink vending machines in schools also affect children's soft drink consumption. While the habits of children's friends can make a difference, the parent's influence is stronger, according to the research."
