Update: New Computer Investing Products
by CI Staff
AptiStock is a free technical analysis charting software program designed for investors of varying skill levels. AptiStock uses end-of-day data to help users find profitable trading opportunities through various charting techniques. Investors can choose stocks from 22 exchanges worldwide, including the Amex, NYSE and NASDAQ exchanges and the major exchanges in London, Korea, Sweden, Australia, Italy, China, Singapore, Toronto, India, and Denmark.
Price, volume and other data points can be updated with the click of one button. Once prices are updated and stocks are picked, users can choose from 22 technical indicators to analyze buy and sell opportunities. Some of the indicators include Bollinger bands, moving averages, and parabolic stop reversal. The indicators can be charted over a daily, weekly, monthly or user-defined period. Multiple indicators can be charted at once. Nineteen drawing lines and other tools help investors customize each chart.
Moving the mouse over a chart calls up a detailed summary of data for each period in the “Stock Info Panel” box. This lists the open, close, high and low prices and the trading volume for each charted day in addition to more detailed data relating to the technical indicators. Much of the program can be customized and the charts can be saved. AptiStock.com offers the program for free via a download.
TradeAccountant Pro 3.1
For traders who find it hard to keep track of tax implications from trading gains and losses, TradeAccountant can offer some assistance. This portfolio management program allows you to download a transaction history from multiple brokerage accounts via a synchronization feature that automatically recalculates trade values and transactions. You can also enter transactions manually. The program tracks stock, currencies and futures.
The module makes use of tabs and toolbars. The Accounts tab allows users to enter multiple brokerage accounts and their respective transactions from various on-line brokers including Ameritrade, CyberTrader and E*Trade.
The results from the download are posted in the Transactions tab. Users can view transactions by symbol or as a list of all transactions in an account. The date, action, price, commissions, fees and total transaction amount are listed for each trade. The view can also be customized by various transactions types—for example, you can view only the buys and hide all other transactions. Adding transactions manually can be time consuming, but is fairly simple by following the prompts and instructions. Once a symbol has been entered, the program stores certain data, making it faster the next time the same symbol is used.
The Performance tab uses analytical tools to offer charts and graphs of performance data and tools to monitor risk. The default performance chart shows the average per share and average per trade winners and losers. Pie and bar graphs are used to display gain and loss data as well as buy and sell information. You can arrange your transactions into groups for analysis and review under the Groups tab.
The Reports tab helps calculate the tax implications of trading. The program provides a simplified and detailed IRS Schedule D-1 and IRS forms 4797 and 6781. A Wash Sale Event Summary is also available.
The Research tab includes links to popular investment sites including Yahoo! Finance, BigCharts and The Motley Fool, as well as internal pages offering tax advice and tips for users.
Trade The News
Trade The News launched NewsStation, an interactive news platform. Subscribers can scan real-time news headlines 24 hours a day either in a scrolling format or sorted by industry. In addition, subscribers can hear the “Squawk Box” audio channels as well as S&P 500 and NASDAQ channels. Subscriptions start at $150 per month; a free trial is available at the Web site.
Users of eSignal’s real-time financial market data and tools, including QuoTrek, MarketCenter LIVE and FutureSource workstations, now have expanded access to news and information supplied by the Dow Jones newswires. The Dow Jones Capital Market Report and the Economic Report, which are geared toward fixed-income and FOREX traders, will be available through eSignal. In addition, commodities and futures traders will also have access to newswires designed for them. Prices vary depending on level of service; visit the Web site for details.
Lunchtimetrading.com subscribers can now receive Hot Stock Alerts via E-mail before NASDAQ opens. The site uses proprietary software to identify its hot stock picks during the hours prior to opening, based on the theory that certain stocks will “dip” on after-market and pre-market announcements. Hot Stock Alerts cost $48 per month in addition to the monthly membership fee of $68.
MetaQuotes has released MetaTrader 4 Mobile for Pocket PC. The program works with the suite of MetaTrader 4 trading platforms. Subscribers get full access to financial markets, technical analysis and graphs when connected to a server or in an off-line mode. MetaTrader 4 Mobile costs $45 to buy; a free trial is available.
RealTick’s trading platform has been upgraded to include NASDAQ’s TotalView market data program. RealTick users will benefit from additional market depth, more liquidity than NASDAQ Level II, and the inclusion of Brut book data. TotalView provides market transparency by showing the complete depth of the market at all price levels. Subscription prices range from $200 to $400 per month for RealTick Pro Plus, which includes TotalView data.
TradingMarkets.com has been relaunched with over 30,000 pages of up-to-date financial data and breaking market news. Updated Trader Blogs feature full- and part-time traders who offer their insights and advice on trading in current market conditions. The site includes sections devoted to E-minis, daytrading, swing trading, FOREX, options and futures. A premium membership costs $29.95 per month, although much of the site is free. A free trial is available.