To help the contestants of the portfolio management game that starts in another 4 days time I have compiled a few resources that could be useful. This is by no definition an exhaustive list. Then again too much information could lead to information overload for the inexperienced beginner. I will personally try to use these three websites for doing the research for my trades.
Seeking Alpha should be the go to place to understand what is happening to the global economy. See what other people (from experienced professionals to speculators) have to say about specific markets, stocks, economies, commodities etc. It can be a good source to generate investment ideas for beginners like us who have never traded in developed markets before.
One could also generate own ideas from scratch using the Yahoo Stock Screener. Just simply put your own filtering criteria to get leads. Also, if you read a bullish report on a particular industry in Seeking Alpha you could try to combine both these tools and get your investment idea.
To do the analysis on your investment ideas which you got from Seeking Alpha or from the Stock Screener you should use Yahoo Finance (there are alternates like Google Finance, Bloomberg etc).
You can use it in a number of ways. One way would be to look at the stock fundamentals like its earnings growth, leverage, valuation multiples etc. You could also look at the technical charts as well which would look something like this. I would personally try to use a combination of the two.
I will also try to write as much as possible on stock investing in this blog in the next 4 days and also as the competition continues.
Furthermore, I will probably give explanations for my trades (whether fundamental or technical) to help my readers understand why I took position. This is something I am not requiring the other participants to do.