Browsing Category: "Stock Tools"
The Magic Formula Investing (MFI) website screen produces a list of stocks that have a combination of high earnings yield and high returns on capital. However, I’ve noticed that many of the stocks ranked by the MFI screen do not seem to have wide moats (i.e., sustainable competitive advantages). Ideally, I’d love to [...]
I have been enjoying a free trial of the The Financial Times. I decided to try a subscription to the The Financial Times after reading the following quote from Warren Buffett, in his 2004 annual letter to Berkshire Hathaway shareholders:
“If you wish to keep abreast of trade and currency matters, read the Financial Times. This [...]
I noticed today that the Wall Street Journal is accessible to the public free of charge through May 10th. This promotion celebrates their 10th anniversary of being online.
Free access sounds like a fat pitch to me… Maybe it will even help me find some fat pitch opportunities this week.
In addition to ranking stocks by the two factors in the Magic Formula, there are several criteria that Joel Greenblatt has developed to screen out companies before any ranking occurs.
From what I have gathered through The Little Book That Beats the Market, stocks from the utility and financial sectors are eliminated. This is primarily due [...]
In my last post, I discussed the features of Portfolio123. In this post, I’m going to detail how I used the Ranking feature of Portfolio123 to recreate the two major factors in the Magic Formula. These two factors are return on capital and earnings yield. I discussed there factors back in January in my post titled, [...]
I’ve had the opportunity to try out Portfolio123 for the past couple of months. Portfolio123 is a backtesting engine and trading system creator. It is populated with historical data from Reuters, one of my favorite data sources for stock fundamentals. Given my interest in backtesting Joel Greenblatt’s Magic Formula, I have really enjoyed this tool.
Portfolio123 [...]
I just discovered that Google Finance was launched. I figured it was only a matter of time before Google (GOOG) developed a stock market site. I took some time this afternoon to take this beta site for a test drive.
My first impression of the site was not very good. I was very underwhelmed by Google Finance’s homepage. [...]
An important aspect of investing is researching and understanding trends in the marketplace. I just ran across an interesting article on tips and tricks on becoming a better trend watcher. There are quite a few good resources packed into this article.
I currently use two methods of tracking trends. I am currently addicted to tracking the most popular [...]
Fat Pitch Financials was just added to ADVFN’s Bloggery! The Bloggery is ADVFN’s directory of what they consider are the best financials blogs on the net. I’m honored to be part of this list of top financial blogs.
The Bloggery is linked to ADVFN’s message board system. If you sign up for free [...]
Since I’ve been thinking about Hurricane Katrina so much this week, I decided to take a few minutes to look at some of the stocks directly impacted by Katrina.
I used MSN Money’s Power Searches to screen for one-week high-volume losers and I looked over the “Winners and Losers” list in this weeks Barron’s. I [...]
