Wall Street Scanner – Review
By App Type: Uncategorized
Our rating: 
By: OnO Apps Ltd.
Version #: 2.2
Date Released: 2011-05-27
Developer:
Price: 0.00
User Rating:
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Let me begin this review by saying that I love the website Rotten Tomatoes. This may seem like a non-sequitur, but bear with me.
Rotten Tomatoes aggregates a hefty chunk of newspaper and website reviews of any given movie to give the user an overall sense of how good or bad a particular movie is. Wall Street Scanner is a bit like the Rotten Tomatoes of stocks. It takes the opinions of several thousand sites and aggregates them into a simple interface which can be used as an indicator to buy or sell a stock.
Movie reviews and stocks are different and I’d be the first to tell you that basing your decision on a stock from public opinion is a bad idea. That being said, this is a useful app. You have access to a ton of research on a stock that’s been done for you and while you shouldn’t buy or sell based on the recommendation, it does give a lot of background information in an easy-to-read format.
The app already comes preloaded with popular tech stocks like Apple, Google and Microsoft. You can search and add stocks as will, although not every stock in existence is represented in the app. The app data on a particular stock can be e-mailed as a link or shared on Facebook.
It would be nice to see individual opinions on the stock (more in the Rotten Tomatoes format) rather than the aggregation they show, but that’s a minor complaint.
If you can’t be bothered to do the research but want to play the stock market, this is the app to have. Oh, by the way, it’s free.
Quick Take
Value:Medium-High.
Would I Buy Again:Probably.
Learning Curve:Low.
Who Is It For:Those who need help guessing which stocks are good or bad.
What I Like:Nice interface. Good functionality.
What I Don't Like:It would be nice to have more detailed supplementary information.
Final Statement:Wall Street Scanner is a stock I would bet on.
Follow, understand and analyze the stock market in real time for FREE with Wall Street Scanner’s easy and intuitive iPhone app.
Wall Street Scanner sources and analyzes stock market data, news and social media from over 5 million websites and 14,000 sources in real time so that you can discover investment opportunities, forecast future stock market changes and stay informed.
Features
•Forecast tomorrow’s stock price change based on historical, financial and crowdsourced intelligence.
•Track your favourite stocks and market momentum
•Discover investment opportunities with the Featured Stocks list that tracks stocks with significant changes in market indicators
•Receive push notifications when there is a significant change to your favourite stocks’ indicators
•Stay informed with trending news, mood analysis, buzz magnitude and analysts’ opinion
•Quickly survey the market before, during and after the trading day
•Scan any specific stock out of the 2000+ traded stocks
•Get detailed graphs of key indicators such as stock price over time and standard ratios such as put/call ratio and short ratio.
# Track your favorite stocks in new ways
Compile a list of your favorite stocks and easily track the related parameters and market momentum that may affect their performance, including:
•"Price over Time" - Compares the stock's real time trading price to its previous week and up to 2 years prior.
•"Trending News" - Detects and analyzes the stock news that is most likely to affect your portfolio. Sourced from over 5 million stock market news sites and social media, you can either scroll through the headlines or read the full articles.
•"Buzz" – Counts the accumulation of stock mentions in the news, social media and by analysts, comparing today’s level with the levels of the last 7 trading days.
•"Mood change" – Shows the positive/negative sentiment change for a stock based on news and social stream analysis.
•"Analyst consensus" – Presents the top analysts stock rating consensus
•“Ratios" – Displays two hard market data indicators:
o"Put/call ratio" - A ratio of the trading volume of put options to call options.
o"Short ratio" – the number of days short sellers would need to cover their entire positions if the price of a stock begins to rise.
# See tomorrow's stock market forecast!
Stay ahead of the curve with stock market forecasts based on historical, financial and statistical information. The forecast shows you the probability that a stock price will fall or rise by the end of the following trading day; (a probability of over 60% in either direction is considered significant).
#Stay on top of everything that happens, when it happens!
Want to know as soon as any change significantly impacts your stock or the market as a whole? Stay informed on the go with push notifications sent directly to the palm of your hand.
# Discover investment opportunities in real time!
Make a smart investment with stock picks and stock tips straight from Wall Street.
During each minute of the trading day, certain stocks experience significant changes in one or more of their major factors. In highlighting the stocks that experience such changes, the Featured Stocks option may represent the ideal timing and opportunity for your investment.
# Scan any specific stock out of the +2000 traded stocks!
Search for any specific stock from the NYSE and Dow Jones index and find out all the information that you need to know including stock market forecasts and stock news.
What's new
Better UI
Faster
