I just discovered a new online toy tonight - and I spent more than four hours just trying it all out: Yahoo!'s new finance pages. (Well, at least they're new to me - and it says "new" on the website, so I guess it must be new. Hah!)
Anyway, I really like the way they have made the Finance pages more helpful. For the last several weeks, I have been using Google's version - where the stock price movements were plotted against news. It was, well, helpful - I thought it was sufficient.
Until I got to the Yahoo! finance pages.
I am into numbers - so I dove immediately into their charts and the "key statistics" summary sheets. And was I surprised what I have been missing all along! Google's version just simply pales in comparison to what Yahoo! has done with its finance pages. I am in awe - simply in awe - of what I could do.
OK, granted that I won't probably use most of the technical indicators (such as the Fast and Slow Stochastics), but at least they are covering MACDs [that's Moving Average Convergence Divergence], Trailing and Forward P/E Ratios, analysts' 5year estimates (so I can calculate my PEGs), and whole lot more. I am missing the beta, but then I guess I can check out Google for that.
Somehow, the news are still there - then again, there is more to stock movements that just the news, right?
I have tested it out on one of the stocks that I have recently been researching: Landec, which is into plastics. It did help me feel better about what I decided to do with the stocks (buy).
Anyway, I am pretty sure that I will be using the finance pages of Yahoo! more and more.
Now if only they could do the same with their Yahoo.Com.Sg site - can someone tell them that not everyone wants to see movies and kiddie stuff on their website?