By far one of my favorites, and one I visit almost every day! Short for Financial Visualizations, and that´s exactly what it is: a visual representation of the current financial markets.
Which stocks are sold the most are shown in red, which ones are bought in green etc. The brightness of the color indicates how much it´s been bought or sold, the size of the box represents the volume. What I like the most about this site is that you can instantly see, aside from the sentiment, the technical trading signals as shown in the image below:
For instance, I am mainly a trend-trader, but to go through countless charts just to find a trend would take me a very long time. Now I can immediately see which stocks are trending just by looking at the signal table (trend line support, trend line resistance etc). Finviz also supports forex and futures, and they have an elite plan with more detailed visualizations. If you haven’t heard about them and you are trading stocks, then a visit to their site it definitely worth it.
The sentiment indicator is a good tool to use if you have a stock in mind that you want to add to your portfolio. Usually before I make my final decision when it comes to stocks I check this out. Here’s an example of Microsoft’s stock at this time of writing. I have an account with them too at http://stocktwits.com/VDMtrading, although I’m not on there very often posting ideas.
Trading ViewTrading View and StockTwits are somewhat intertwined in the sense that you can publish your charts directly to StockTwits. TradingView is also a social platform where traders can come together to talk about their researched equities. The strength of TradingView lies in the fact that it's very easy to create charts and share them with other people. Many trading ideas are published daily, so if you’re looking for stocks to trade and not sure which ones then TradingView is a good place to start. I use them quite often to do technical analysis, occasionally I even use their charts on my website. It’s good, but sometimes a bit confusing as there are so many people who publish their ideas. The best thing to do is to follow the ‘winners’ on the site (people who consistently make good trading decisions) and you should have a good head start for your next trade. Also here I have a profile at: https://www.tradingview.com/u/VDMtrading/
|Analyst Recommendation example|
SeekingAlphaJust like MSN Money, I’d categorize SeekingAlpha as a ‘news site’ for stocks. What I like about it the most is that you can instantly see which articles on the site are trending in real time. Since the site is used by many traders around the world you can really see what’s on traders minds. The downside is that there may be too much information at once, and which information matters more than other is not really specified. Too much information could generate too much noise, which is not good when trading anything. If you know what you’re looking for, then this site is an excellent resource to mainly confirm your trading idea.
The StreetJim Cramer’s site. I’ve been a big fan of Jim Cramer since the beginning of his show ‘Mad Money’ on CNBC, and his site TheStreet.com has a lot of useful information for traders. Like SeekingAlpha, the information on TheStreet.com can sometimes be a little deterrent, especially for novice traders. Again here goes: know what you are looking for, but it’s also a great site for some stock ideas if you have been trading for a while. For a fee you can look in Jim’s portfolio and copy his trades if you wish. Overall, the technical information on this site is generally the same as any other financial news site.
MorningStarAside from great articles, MorningStar’s strength mainly lies in its portfolio manager. The portfolio manager is a great way to keep track of all your stocks and to see how diversified you are in the markets. Signing up is free, however there is a premium option (14 day trial) which lets you go through analyst reports, screen stocks and x-ray your portfolio so you can see in which sectors you can improve. But even if you’re not using this feature and stick with the free version it’s still one of the best portfolio trackers on the internet. Below is an example (my portfolio) of one of the features.
The bottom line for me is their portfolio tracker and 'market baro-meter', which instantly lets your graphically see the index performance over a certain period of time.
Motley FoolThis website has been around since I had internet access for the first time in the 90’s, so it's been a while! With the Fool.com you can do your stock research and also educate yourself on the financial markets. They have excellent articles on macro economic views. The Motley Fool is a big help if you want professional advice without shelling out a ton of money. This is for traders who need a little assistance with their trading decisions, but it’s also perfectly great for doing your own research, largely due to the fact it has a very lively community.
Perhaps you already knew about these valuable resources, if not I hope you gained a research tool or two for your next trade. If in your opinion there is a website missing that should’ve been added to this article feel free to contact me, or leave a comment and state why you prefer your stock research website.
Good Luck Trading!