StocksCafe is always doing its best to improve itself, and the latest addition to StocksCafe is indexes.
You can view the list of indexes that is now supported by StocksCafe. For now, we have only added a few popular ones. If there are others that you would like to see, let us know and we will see if we can add it.
What Can You Do With Indexes?
- You can use it as a benchmark if you like. Although we would recommend using ETFs that track the index as a benchmark instead as you cannot directly buy Indexes.
- You can set alerts for it like you would on any other stock (e.g. S&P500).
- You can view the components inside the index (e.g. S&P500).
Have other ideas on how indexes can be used? Let us know by commenting below!
Happy investing!
Would be even better if we can add option trades based on the indexes directly! 🙂 (e.g. trades on the S&P 500 Index, SPX/GSPC on StocksCafe instead of the S&P 500 ETF like SPY) Currently I use a placeholder/inactive ticker to record them.
But thank you so much for working to improve StocksCafe even further ^^^:)
It might be able to after this change since we now have the daily “EOD” for these indexes. If not, please create a ticket for it. Thanks!
Hi, Thanks for adding the index.
Can you please create a screener with “Relative Strength” comparison.
To filter the strong stocks compared to Index.
https://www.fidelity.com/learning-center/trading-investing/technical-analysis/technical-indicator-guide/relative-strength-comparison
Thanks,
Satya
Hi Satya,
Please create a ticket for this. Thanks.
Cheers,
Evan