A couple of years ago, as the US stock market flirted with the south pole, we bought stocks. Our investing strategy has always been to buy low, wait, hope, pray, fret, cry, and not look at the stock price every day.
We checked the prices from time to time recently and found less reason to cry. Now we want a Mac app to check for us, let us know what we’ve lost or gained. Is there an app for that?
Peaking At Stock Prices On A Mac
What I didn’t want to do was devote the time and effort to dig deeply into an online or full-fledged financial management app. I just wanted to peak into our stock’s performance from time to time.
As they say, a watched kettle never boils.
I’m afraid that if I watch the stocks too closely, like every hour, then the very act of me watching too closely is likely to have an adverse effect on the stock market as a whole.
Well, maybe not. But you can never be too sure, so I decided to dig through a bunch of Mac apps to see which one would give me the best deal for the money.
TickerMenu – I like this one, but it’s not much better than using the Dashboard Widget stock listing. TickerMenu resides in your Mac’s Menubar and displays basic stock information—price, change, volume, highs and lows and gives you an option to look up other quotes.
But it doesn’t tell me how much I’ve lost or gained on the day or the month or the years. I want that.
Investoscope – This is for heavy duty investors. Investoscope is a portfolio tracker for just about anything—stocks, bonds, mutual funds, etc. Create a watch list, track in different currencies, get updated quotes, check on stocks in many world markets, and quickly see performance over time.
A Dashboard Widget this is not. Reports include capital gains, income, and stock performance. Nice, but it takes effort to dig into to use properly.
SystemTrader – This is the most expensive of the bunch. SystemTrader tracks a portfolio of stocks, charts performance, and can scan the market for buying opportunities.
Set up watch lists, backtest on historical data, even screen stocks using built-in assistants to filter various conditions. This isn’t your father stock market Widget.
MacStockManager – This inexpensive app is loaded with features. MacStockManager pulls down delayed stock quotes, uses local currency, and supports an unlimited number of stocks, funds, options and other entries.
What I like about MSM is the quick look at each stock’s current performance, and performance over time. Gain or loss, highs and lows over time, the short ratio, volume stats, book value and ratio, and a total for all stocks in the portfolio. The charts get a little complicated for the casual investor, but come with over a dozen technical analysis indicators.
StockMenulet – This app sits in your Mac’s Menubar and gives you a quick look at your stock list. StockMenulet is as simple as it gets and inexpensive. Green is increasing, red is decreasing.
StockMarketEye – This one caught my eye last.
No pun intended.
StockMarketEye doesn’t have as many technical indicators as other apps, but does what I’m really looking for—daily performance, performance over time, total portfolio performance, non-scary setup and visually attractive charts.
MacStockManager seems to be a good value for the money (and matches my purpose of a quick look with a little individual stock detail).
I feel the same about StockMarketEye which has similar features but is easier to set up and use.
If you’re not deep into a full-fledged Mac app for financial management, but just use your Mac to track a modest portfolio, what’s your app of choice and why? Feel free to share in the Comments section.