Bulls and Bears, Analyzed
Buy low, sell high – that’s the way you do in on Wall Street, if you want to make money. If that’s the case, then stocks muse be going like hotcakes! They can’t go much lower, can they? That. of course, is the trillion dollar question – and lots of people believe that things could go from bad (now) to worse (later).
What’s a potential investor to do? Of course, you could leave your money in the nice, safe bank, but where’s the fun in that? What you need is some professional help, and the folks at Vantagetrade have some sound investing advice – for free! But first – the Wall Street style disclaimer: “Information is not an offer to sell securities or the solicitation of an offer to buy securities.”
Now that I’m “covered,” here’s the story: Vantagetrade lets you track stocks using the same computer-based trading algorithms used by Wall Street biggies. You open a free account and pick stocks you want to follow (New York, London, and Bombay exchanges are covered for now). The site then displays information about the stock, and more importantly, its analysis and suggestions on whether the stock is a good buy or not. After doing its analysis – there is a section on the site that explains the methodology – Vantagetrade issues buy and sell signals for each stock, as well as a longer term strategy, and minimum or maximum price levels you should tolerate (stop loss levels). You also get a Return on Investment estimate (how much you could expect to earn after a series of trades). You can even get e-mail alerts for specific stocks. Vantagetrade does its analysis at the end of the trading day (there are no signals while trading is going on), and as with all free stock information sites, there is a 15 minute delay for real time information.
One thing Vantagetrade doesn’t supply is news; for that, check out http://www.streetread.com/, which checks out all the free financial news sources (Yahoo Finance, Marketwatch, etc.) and lists all articles online relating to a stock you’re interested in. Armed with the information, it’s back to Vantagetrade to check out your next financial killing! Even if you don’t put a nickel in, Vantagetrade looks like a great way to learn about the market – and worth every penny of its free fee!
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