Creating apps for retail investors generally has been the top mobile priority for Wall Street firms. But as the technology continues to advance, retail apps are proving valuable for professional traders as well. Here are 10 top apps that are storming the Street.
August 08, 2012
Chaikin Power Tools
Developed by computer pioneer Marc Chaikin, the Chaikin Power Tools iPhone and Android app, from Chaikin Stock Research, offers Wall Street research and analysis to investors on the go. The app uses a proprietary, 20-factor model that analyzes complex data based on financial metrics, earnings performance, expert opinions and price/volume activity, and distills it into an intuitive "Power Gauge" rating -- green for bullish and red for bearish -- for 5,000 U.S stocks. Models are updated daily, and the tool is accompanied by real-time news sentiment analysis generated by proprietary linguistics parsing software. "If a company reports earnings today, that will be reflected tomorrow," says Chaikin.
