Previously, I mostly viewed “What stocks to buy” as a ranking problem. What this means is that I would rank all the stocks available based on some criteria and pick the top few to purchase. Hence, tools that I built tend to generate a score and ranked accordingly. Examples are iAssist, Dividend Strength and Scorer (Scorer was previously known as Screener).
However, after taking the eVIMC course and also hearing feedback from several users, I felt that it was perhaps better to build a more traditional stock screener that will allow me to easily shortlist stocks instead of ranking them.
As such, I would like to introduce the new Stock Screener which will allow you to easily shortlist stocks based on conditions determined by you. As of now, there are 30 metrics to choose from, but I intend to add more, especially technical-related metrics. If there are other metrics you wish to see, feel free to let me know. Other features it currently has includes the ability to save the conditions, run it daily and have the results delivered to you together with the daily market update email.
To illustrate, here is how I am currently using the Stock Screener:
1) Monitoring my Portfolio: Using the sell signals that I’ve learnt from the eVIMC course and other resources to identify potential stocks in my portfolio to sell.
2) Monitoring my Watchlist: To monitor stocks that I am interested but still waiting for the correct time to enter the market (i.e. for the buy signal to be triggered).
3) Screen for Stocks: Simply running different combination of conditions to shortlist stocks.
As usual, feel free to feedback to me.