CANSLIM Trading Style Broken Down

CANSLIM Trading CANSLIM is Investor Business Daily’s (IBD) acronym for the seven common characteristics all great performing stocks have before they make their biggest gains. My trading foundation is rooted in CANSLIM although I use it differently than most beginners now that I have evolved into other styles and methods. CANSLIM Letter Breakdown Let’s start by understanding what each letter represents in the CANSLIM acronym as described by investors.com: C= Current earnings per share should be up 25% or more and in many cases accelerating in recent quarters. Quarterly sales should also…

5 things to look for in Warren Buffett’s annual letter to investors

It’s time for another eagerly anticipated epistle from the Warren Buffett. Berkshire Hathaway BRK.A, -0.15% BRK.B, +0.03%  will release its annual report at around 8 a.m. Eastern Time on Saturday, but the main draw will be the annual letter to shareholders from Buffett, the firm’s chairman and chief executive. This will mark the 51st year Buffett, 85, has written a letter to Berkshire investors. His track record — combined with his folksy ability to explain his investment philosophy, long-term strategic decisions and even his biggest regrets — have made the letters a must-read for investors and…