Chaikin Power Tools Review – Stock markets have never looked this accessible!

By
On October 3, 2011

App Type: Uncategorized

Chaikin Power Tools Review – Stock markets have never looked this accessible!

Our rating:

By: Chaikin Stock Research

Version #: 1.3

Date Released: 2011-10-02

Developer: Stock Research & Online Trading Tools

Price: Free

User Rating:
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Most of us have few positive sentiments toward anyone involved with stock market traders, associated in popular culture with characters such as Wall Street‘s Gordon Gecko and Patrick Bateman from American Psycho. However, if the stock market was suddenly simplified and made accessible from your iPhone, would you not be tempted to get involved yourself?

Chaikin Power Tools is an impressive app that lets you monitor just about everything happening in and around the stock market. Created by established expert Marc Chaikin, this app compresses all the numerical madness of the trading floor into pleasing red and green displays, which fundamentally tell you what’s hot and what’s not in the business world.

From the menu, you can access news stories and sentiments relating to the world’s biggest companies, their Twitter feeds, and, of course, the fluctuating state of their stocks. You can edit the main screen by choosing which company’s stocks you want to receive updates on, making the app well-tailored to the individual’s needs.

As if this app didn’t simplify the stock market enough, you can even get involved with stock trading from the palm of your hand if you have an account with optionsXpress. With Power Tools letting you know the latest earnings surprises of the day, and allowing you to scroll through stocks by industry group, being able to do some quick hand-held trading could lead to opportunities that would otherwise have passed by.

True to its name, Chaikin Power Tools feels like a powerful app invented by one of the ‘Top Wall Street Experts and Opinion Leaders’ (Wall Street’s words, not mine). A huge amount of information is presented here in a genuinely eye-pleasing format, making stock market trading seem so friendly and accessible that I’m seriously considering selling my soul and hit the digital trading floor myself.

 

Quick Take

Value:High.

Would I Buy Again:Yes.

Learning Curve:Medium - high. It is the stock market, after all.

Who Is It For:Anyone with even a casual interest in the stock market.

What I Like:A crisp, clean interface makes it all look so simple.

What I Don't Like:It's very tempting to get involved.

Final Statement:An incredibly powerful tool that closely monitors and simplifies the mysterious world of stocks and shares.

Read the Developer's Notes:
Decision-making tools previously available only to Wall Street professionals … developed by stock market expert, Marc Chaikin. Even large hedge fund managers don’t have access to these sophisticated tools!

Make informed Buy/Sell decisions in seconds.

• Complex financial data is distilled into easily understood green/red displays to simplify your Buy/Sell decisions.

• Makes stock analysis fast and easy – no more sorting through reams of data

• Monitor the health of your stocks with the Chaikin Power Gauge rating, a back-tested 20-factor stock rating model proven successful at identifying stocks which will out- or under-perform the market.

• Charts include the widely used Chaikin Money Flow indicator.

• Trade stocks and options instantly in the app, with an account at optionsXpress

Chaikin Power Tools alerts you 24/7 to important events that may affect the value of your stocks:

• Create a personalized watchlist of stocks.

• Real-time Alerts include breaking news stories, earnings surprises, and earnings estimate revisions.

• Unique Twitter activity Alerts

The Chaikin Power Gauge Rating, the centerpiece of the app, is based on a 20-factor model that is updated daily.

• Sort your stocks by Chaikin Power Gauge rating to identify the potential winners and losers in your portfolio

• Scroll through stocks by industry group to find attractive investment ideas.

• Drill down to see each of the 20 factors, Charts, Fundamentals and real-time News Sentiment.

About Marc Chaikin

• Recently named to the list of “Top Wall Street Experts and Opinion Leaders” by Wall Street Economists

• Developed the first real-time analytics workstation for portfolio managers and stock traders

• Created the widely-used Chaikin Oscillator and Chaikin Money Flow indicators whose predictive value has made them industry standards

• After 40 years on Wall Street, he created Chaikin Power Tools to empower individuals with the same professional-quality stock tools used by the pros.

Article By

I'm an up-and-coming freelance writer (or so I like to think) specialising in film, apps and gaming. Aside from writing app reviews on what sometimes feels like a mass scale, I've also contributed work to The Independent and IGN.com, and am on the writing team of the popular Lifestyle blog, WhatCulture.com. Like what you see? Follow me on Twitter @Rob_Zed and get in touch!

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