Update: New Computer Investing Products
by CI Staff
Tracking medical bills and expenses can be a confusing and complicated task. SimoHealth is a free program designed to organize personal health care expenses and medical histories. It lets you manage your family’s medical bills and health care information.
The program offers step-by-step instructions walking you through how to enter and record information for doctor visits, bills, insurance plans, prescriptions and more. Information can be recorded and viewed by specific categories: people/family members, providers, pharmacies, insurance plans and pre-tax accounts.
You can track dental, medical, vision and prescription records for each member of your family as well as record, manage and reconcile expenses and benefits for easy comparison with bills. The program also helps identify billing mistakes and tracks tax-deductible expenses and health savings accounts.
Monocle2 is a software program that helps you pick mutual funds, exchange-traded funds (ETF) and stocks using proprietary automated trading systems based on analytical techniques such as alpha, profit-packed trading systems, performance rankings, risk/reward ratios, charting tools, hypotheticals, and optimization modules.
The built-in database covers over 15 years of daily historical pricing with distributions on over 9,000 mutual funds. Current data can be downloaded on a daily basis via the Monocle Downloader portion of the software. The main database of 2,500 funds will automatically be updated, including all indexes and most widely held funds. You also have the ability to add funds, stocks (all stocks are found in the ZSTOCK category) and ETFs to the Downloader program.
The default screen will show charts comparing each security to the chosen benchmark. These technical charts are fully customizable by clicking on Edit at the bottom of the screen. You can choose from a variety of technical indicators and change the colors and graph style. Once the charts are created, you can easily view each security in your portfolio by clicking the blue right and left arrow buttons.
By choosing Stats in the bottom left corner, you can view the data in a table format. All data can be customized by choosing Edit and ranked in ascending or descending order by the listed criteria. Over 50 criteria can be displayed for comparison.
You can also use the program to test for the best historical trading parameters (click the Dynamic button). Monocle allows you to test different buy and sell scenarios, such as percent loss from purchase or high, and indicates which parameters would have produced the best performance. All data can be exported to Excel for further analysis.
Monocle Systems offers free technical support as well as a free program walk-thru with a software representative.
Market Edge has added an ETF Center that offers assistance in finding exchange-traded funds (ETFs) based on current market trends and the outlook for various ETF categories. The site rates each category of ETFs as strong, improving, deteriorating, or weak based on future movement. A proprietary model then assigns each ETF an opinion of long, neutral or avoid. Opinions are evaluated on a daily basis with comments and include over 20 technical indicators with recommended buy/sell stops. Subscriptions to Market Edge start at $9.95 per month. A 14-day trial is available.
Interbank FX, a trading platform for the foreign-exchange market, is now offering streaming real-time news. Customers can read world economic news as well as various news releases from all parts of the globe. The streaming news can be viewed in the current trading platform.
The CQG site provides data and market analysis for futures traders. Traders can now place orders on the Montreal Exchange via any of CQG’s trading programs including CQG Integrated Client, CQG Trader and Web Trader. The company also plans to add connectivity to additional exchanges this year such as Singapore, ICE, the Sydney Futures Exchange and the Chicago Board of Trade floor.
DayTradingCourse.com, a training course for futures traders, has added a new learning course geared toward active, conservative traders called eTradingCourse. The course focuses on the trading of stocks, exchange-traded funds and options over a timeframe of multiple days to weeks. Fees include a home manual and a three-month subscription to the eTradingCourse E-mail newsletter. Cost is $597.
Time & Timing
Time & Timing is a new Web application that provides historical, seasonal and analytical data on futures markets on demand. The program was created by a veteran trader and analyst based on 20 years of research into historical futures and options price movements. A subscription to Time & Timing costs $269 per year. A free 30-day trial is available at the Web site.
The newest addition to the OptionVue 5 trading platform is called HedgeFinder. It allows users to select certain assets from their current portfolio and scan for an options hedging strategy to accommodate a customer-specified outlook for upside potential and downside protection. Additionally, a Continuous Data Interface has also been added, providing real-time quote data and various execution sources. The interface allows OptionVue 5 users to link to their preferred real-time quote source. A $49 30-day trial pack is available at the Web site.