I don’t mind a little risk if there’s the potential for a big payoff. That might explain why my Mac is home to poker apps and stock market tracking apps.
A New Way To Track Stocks
Just between you and me, I don’t think there’s much difference between the stock market and playing the ponies, or between Wall Street and Las Vegas.
Either way, someone is out to get your money so it pays to have as many tools as you can find to make your stock trading lean in your favor.
One of the more interesting Mac apps to to give you an look into the stock market is called StockTouch.
For barely the price of coffee at the mall, StockTouch will display an interface the likes of which you’ve probably not seen before, but which is instantly understood.
Data visualization and financial information are displayed on a single window so you can see how market sectors or individual companies are doing.
Take a look. Green is good. Red is not.
Tap or click to zoom in to specific stocks, volume, pricing trends, and even view historical data, almost instantly.
StockTouch displays a unique heat map for nine basic sectors, 4,000 companies, hundreds of US and international companies, and, of course you can create your own personal heat map for your favorite stocks and ETFs.
While StockTouch is a good way to visualize trends on the market, and tap into individual stocks with a click (or trackpad tap), there are a few two negatives.
First, data is not presented in real time, but is updated every five minutes or so during the trading day. And, second, there’s no way to buy stocks– all you’re doing is visualizing what’s happening to your investments, or the market in general.
As my wife says, the Mincey way to make a small fortune in the stock market is to start with a large fortune.