From Investing-News.Com
Tools
Investing Systems Offers Earnings Scanner Using Point & Click Technology
By Staff Writer
Jan 31, 2004, 11:10
Sifting through earnings data can be laborious, even with the advent of computers and the Internet. Now, new software has been developed making it as easy as a "click of the mouse.
Every morning the program searches through all NASDAQ, NYSE, and AMEX stocks, looking for a select few stocks that have a high probability of making short-term gains based on beating their earnings estimates.
"In this market environment, it’s becoming more difficult to find solid stocks for short-term trading." said William McKinley, President of Investing Systems. "With The Investor-3000 software tool, a trader can get a short list of potential trading candidates each morning without having to spend hours sifting through news."
The Investor-3000 scans the market for stocks that just exceeded earnings expectations, have solid quarterly growth, good volume, and positive momentum. It automatically runs in the background and constantly displays a list of the filtered stocks. Throughout the trading day, the program refreshes and displays any new stocks that meet the selection parameters.
"We designed this program for short-term traders that are looking for good momentum plays." said Doug Newberry of Investing Systems. "The unique thing about the program is that it screens fundamental rather than technical indicators like a typical stock screener. The program starts with a universe of companies that just beat the consensus earnings estimates and then digs deeper, flushing out companies with solid growth and upward momentum."
The Investor-3000 is a Windows-based program with a very light footprint. It can be downloaded and installed in just a few minutes. "We see this program as the future of stock selection software," Said McKinley. Picking winners in an uncertain market is as easy as point and click."
For additional information visit: Investor-3000.com.
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