Sunday, June 1, 2008

StockTweets and FinViz... Are Cool!

First of all, if you haven't heard/tried, let me introduce you to FinViz.com. I think I've found this tool/page from UglyCharts.com. (Apology ahead of time if I've mis-credited the wrong person.) In simple terms, FinViz.com (FinViz stands for Financial Visualization, I think) is just another Financial Portal. But what I really like about FinViz are 2 things...

1) Mouse over the price of a stock, and it will immediately pop up a 3-month daily candle stick chart. With this feature, I can simple keep a portfolio of stocks that I own/monitoring (you need to open up and account first, before you are allowed to save your own portfolio), and mouse over them for a QUICK glance at the 3-month Daily chart. No more clicking the 'chart' link like all other financial portals. This saves me PLENTY of time especially when all I want, when I'm at work, is a quick look without loading more pages.

2) The second thing that I really like is when you click on the stock symbol, it takes you to the detail page of the stock, with an already plotted technical analysis of the stock. Patterns/analysis like Trendlines, Channels, Double Top/Bottom, Head and Shoulder, and more... are right there, if/when it's applicable to corresponding symbol. Below is a sample chart that I picked at random just to give you an idea.



So, I've been using FinViz for a month of so, and here comes StockTweets! Credit to Howard for mentioning StockTweets on his blog, I learned that StockTweets is created by Soren Macbeth from Oakland. What Soren did was, in simple terms, combinging Tweeter with FinViz (although I should include Yahoo and Tumblr too) to give financial blogger and trader a platform to exchange views and comments.

There has been a lot of posts dicussing StockTweets in the blogosphere so I don't want to repeat (copy) what was praised and mentioned. Besides, if you follow my blog, you should already be reading Howard's. Instead, I'm providing a few links here if you want to read more about it.

But I do want to point out that if you do want to follow StockTweets in Tweeter, do not get mixed up with StockTweet (singular). The one with the 's' in the end is what you want.

Read more...

Howard's original thought on how Tweeter can/should be used to benefit stock traders.
This is the post from Howard where I first learned about StockTweets
Here's Soren's Daily Dopeness page
Here's Soren's comment on improvement suggestions found on Howard's blog
Here's StockTweets' Twitter page