General
Investing Information
Path to Investing
(www.pathtoinvesting.org):
Good beginning level overview of the investing process. Covers
everything from how stock trades happen to tips on choosing mutual funds
and individual stocks.
Advice
& Tips
CXO Advisory Group’s Guru Grades (www.cxoadvisory.com):
Tabulates the market forecasts of major market commentators and
tabulates how many times each guru got it right. Subscription required.
Alternative Energy/Environmental
best
investing websites index
Blogs and other sites
dedicated to discussing all things green.
cnet news Green Tech (news.cnet.com/greentech):
an 'in the trenches' view of green tech developments from an investor's
perspective.
Environmental Capital (blogs.wsj.com/environmentalcapital):
the Wall Street Journals take on the business of the environmental from
a geopolitical perspective.
GreenTechMedia (www.greentechmedia.com):
news you can use about green products coming to market.
Analyst’s
Ratings & Forecasts
best
investing websites index
Earnings
Whispers (www.earningswhispers.com):
whisper numbers are the earnings that those
supposedly in the know expect a company to
report. Here’s where to find them.
Reuters
Investor Analyst Estimates (www.investor.reuters.com):
one of only two resources that I know of for both
earnings and revenue forecasts.
Click
here for an example.
Yahoo!
(finance.yahoo.com):
The second of the two sites that displays both revenue (sales) and
earnings forecasts.
Click
here for example.
Blogs,
etc.
best
investing sites index
Blogs are like diaries,
a person's stream-of-consciousness musings about whatever happens to be on
his or her mind. But you may not know that some Bloggers are highly qualified
financial experts who post valuable information on their Blogs, just for
fun. New Blogs are coming online almost daily. Please
about your favorites.
Bespoke Investment Group (bespokeinvest.typepad.com/bespoke):
Combination Blog and premium site. These guys are the ultimate quants.
They'll analyze just about anything to determine its predictive value; the
price of gold, the value of the U.S. dollar, new highs vs. new lows, yield
spreads, the month of the year, you name it.
Daily Speculations (www.dailyspeculations.com):
run by Victor Niederhoffer and Laurel Kenner, offers insights that you
won’t find anywhere else. Niederhoffer, who once worked for
legendary investor George Soros, authored the best seller,
Education of a Speculator. Kenner was chief U.S. stock market
editor at Bloomberg News.
The erudite articles,
sometimes penned by others besides
Niederhoffer and Kenner, cover almost any topic, some unrelated to
stocks.
Seeking Alpha (www.seekingalpha.com):
Seeking Alpha features dozens of new articles daily from dozens of market
experts covering a wide range of topics. The content is divided into
sections such as China, India, Energy, Media, Retail and more. Seeking
Alpha also offers written transcripts of quarterly report conference calls
for many widely followed stocks. You can skim through a transcript in 5
minutes compared to spending an hour or more listening to the call.
Tech Check with Jon Fortt (www.cnbc.com):
Fortt covers Silicon Valley for CNBC. He's good at reporting the rumors
likely to move tech stocks before they hit news. A worthwhile read if
you're a tech investor.
TraderFeed
(traderfeed.blogspot.com):
run by Brett Steenbarger, psychologist, and author of The Psychology of
Trading, covers the market from a technical (charting) perspective.
His daily posts attempt to divine what happens next by analyzing recent
market and individual stock price action employing a variety of technical
indicators. He also offers links to other like-minded sites. Given his
background, it’s not surprising that Steenbarger also includes articles
about how to prevent your emotions from hurting your trading results.
Trader Talk with Bob Pisani (www.cnbc.com):
Pisani reports from the floor of the NYSE for CNBC. He writes two or three
short, but insightful squibs each day giving his take on what's moving,
and why. He's very good at spotting which market sectors are taking off,
and which are sinking.
ZachStocks (www.zachstocks.com):
Hedge fund portfolio manager Zachary Scheidt posts his take on stocks that
his fund is considering buying or selling short. The write-ups are lengthy
and go into considerable detail, often quoting stock analyst’ reports.
Scheidt, himself a Chartered Financial Analyst, sometimes gets it wrong.
But that’s not a problem because he gladly posts dissenting opinions
following each article. Thankfully, these reader comments are nothing like
the sophomoric posts found on Yahoo's message boards. Instead, they are
well-reasoned, thoughtful arguments, often posted by readers with
considerable insights on the topic.

Bonds
& Preferred Stocks
best
investing sites index
InvestinginBonds.com
(www.investinginbonds.com):
Operated by the Bond Market Association, the site offers data on recent
bond trades, plus news on bond-related topics. This is also a good place
to learn the basics about investing in bonds.
QuantumOnline
(www.quantumonline.com):
In contrast to common stock, information on preferred stocks is hard to
find on the Web. Private investment manager Quantum Investment is about as
good as it gets for preferreds. Quantum lists the maturity and redemption
dates, the payouts, links to current quotes, and more for 1,100 plus
preferreds.
Yahoo
(bonds.yahoo.com):
Good list of U.S. Treasury, municipal, and corporate bond yields, both
current and one-month back.
Charts
(also see Technical
Analysis)
best
investing websites index
Bigcharts
(www.bigcharts.com): The Web's
first really good charting site is still the only site I know of where you can
see charts showing P/E ratios, eps and dividends.
Stock
Charts' Historical Charts (www.stockcharts.com):
This is the place to see a chart of the DJ Industrial Index going back to
1900, or a chart of the S&P 500 back to 1960. You can also see
historical charts for the Nasdaq, 30-year Treasuries, and for gold
prices. Stock Charts is a good resource for Point & Figure and
candlestick charts.
China
Stocks
best
investing sites index
Many investors are turning
their sights to China, and
for good reason. China is experiencing
unprecedented growth as it emerges from third-world status to a major
economic power. Most China stocks trade on local exchanges and are not
available to foreign investors. However, more than 120 China stocks
trade on U.S. Exchanges, either directly or as ADRs (American Depository
Receipts), which are equivalent to regular shares.
Here are sites that I've found useful for researching China stocks.
Bloomberg China (www.bloomberg.com/news/regions/china.html):
Today's business news from China, but no archives.
China Analyst (www.cnanalyst.com):
The best place to start your
China research. The
site claims to list every China stock that trades on U.S. Exchanges. But
it's much more than a list.
China Analyst offers
a lengthy report for each stock, describing its business in considerable
detail. The reports are much longer than you’ll find for U.S. companies
on U.S. financial sites. Also, you can compare
all U.S.-listed China stocks based on profit margins, analyst buy/sell
ratings, expected long-term earnings growth, year-to-date share price
action, and short-interest.
ChinaBizFocus (chinabizfocus.com):
Another source for news and ratings by various criteria for China stocks
traded on U.S. exchanges.
ChinaTechNews (www.ChinaTechNews.com):
Essential reading for tech stock investors, which is where much
of the China stock action has been happening. The site covers both local
and U.S.-listed stocks, but you’ll find much of interest here. Scroll
down to the bottom of the homepage to see links to affiliated sites
covering other industries such as retail and hospitality.
FinanceAsia (www.financeasia.com):
Offers pertinent information that you won’t see anywhere else.
Check the site often
because, while you can download current and recent news stories
for free, after five days, access requires a
subscription. That will set you back $300 per year.
Company
Research
best
investing sites index
MSN
Money's Stock Scouter (money.msn.com):
uses a sophisticated formula to analyze four attributes of each stock:
Growth, Profitability, and
Financial Health. to come up with a total score representing the
expected stock price appreciation during the next six months. From MSN
Money's homepage, select
Investing
(top menu) and then click on
Stock Ratings in the Stocks section (left menu).
Morningstar’s
Major Fund Owners (www.morningstar.com):To
paraphrase an old saying, “you can judge a stock by the company it
keeps,” in this case, the mutual funds that hold its shares. Morningstar’s
Major Fund Owners section lists the 25 mutual funds with the largest
holdings of a selected stock, along with Morningstar’s “Star Rating”
of each of those funds. Click
here for an example.
Reuters
Investor (http://www.reuters.com/finance/
: One of the best sources of fundamental data such as income statements, balance sheets, and cash-flow statements.
Securities & Exchange Commission Edgar
Reports (sec.gov):
All publicly traded company reports filed with the SEC are available in
the SEC's Edgar database as soon as they are filed. The quarterly (10-q)
and annual (10-k) reports contain almost everything you need to research
a stock. Unfortunately, most are well over 100 pages in length.
SEC
Info (www.secinfo.com):
Another resource for SEC reports.
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Conference
Calls
best
investing websites index
Did
you ever wonder why your stock went down after the company announced great
earnings ? Chances are, while you're reading that glowing earnings press
release, company executives are busy revealing different news to analysts
in a conference call. Here’s how to find out about them.
Seeking Alpha (seekingalpha.com):
Unless you have nothing else to do, listening to many conference calls is
impractical because most last at least one hour. You can save time by
scanning a written transcript for the information you need. Seeking Alpha
provides free transcripts of many, but nowhere near all, quarterly report
conference calls.
Conference Call
Transcripts (conferencecalltranscripts.org):
Has all of the free transcripts available on Seeking Alpha, plus
transcripts from other sources that require a hefty fee.
Direct
Investing
best
investing sites index
BuyandHold.com
(www.buyandhold.com): offers
Direct Stock Purchase plans for at least 1,200 companies, whether or not
the companies themselves have such a plan. A minimum monthly fee makes
the service impractical for small investors.
ShareBuilder
(www.sharebuilder.com) offers
Direct Stock Purchase plans similar to BuyandHold.com. No minimum
monthly fee makes ShareBuilder the best bet in this category.
Discussion
best
investing websites index
Board
Central (www.boardcentralcom):
You don't have to waste time checking out all the different message
boards. Board Central lists all recent messages on major
investing message boards
including Yahoo! and Motley Fool for any given stock.
Last time
I checked, this Board was offline.
Board Reader
(boardreader.com):
Searches many more message boards than Board Central, but they can be any
type of message board, not necessarily stock boards. for any
keyword that you enter (e.g. Microsoft). A great resource, but you may
have to sort through some irrelevant listings. It's best to search on
keyword (e.g. Microsoft) rather than ticker symbols.
Investors
Hangout (investorshangout.com):
Stock message site with moderated
boards offering a wide range of stock opinions and
data. Besides for Yahoo!, this is by far the
most visited stock message board, so start your research here.
Investor
Village (www.investorvillage.com):
These moderated forums feature thoughtful comments by serious investors.
Silicon
Investor (www.siliconinvestor.com):
A moderated board focusing on tech stocks. Not as many
postings as Yahoo! and Investor Village.
Yahoo!
(quote.yahoo.com): Get a stock quote
and then click on “Conversations.” Yahoo’s boards
have the most traffic of any boards. However, the
discussions are mostly at 4th grade level. Also, they are
not moderated, meaning that no one from Yahoo patrols the boards removing
inappropriate material. So be prepared for anything.
Economic
Analysis
best
investing sites index
Bureau of
Labor Statistics (stats.bls.gov):
best source for U.S. employment, consumer spending, and inflation
data.
Chain Store
Age (www.chainstoreage.com):
source for
chain
store sales data. The Weekly Leading Indicator
report gives you a timely heads up on how retail
sales are going.
Conference
Board (www.conference-board.org):
source of consumer confidence survey information.
Department of
Commerce Bureau of Economic Analysis (http://www.bea.gov):
a good source for detailed U.S. economic data including Gross Domestic
Product (GDP), personal income, corporate profits, balance of payments,
and more.
The Dismal
Scientist (www.dismal.com): filled
with the latest economic trends and reports.
Subscription required.
Economagic.com (www.economagic.com):
Provides a huge assortment of economic data, and even better, allows you
to graph all of them.
Economic
Cycle Research Institute
(www.businesscycle.com): home
of the Weekly Leading Index (WLI), developed by Geoffrey Moore, who
according to the site, originally developed the monthly Index of Leading
Economic Indicators for the U.S. Commerce Department. Since Moore’s new
WLI uses fresher data, is should react faster, and a historical chart on
the site (click on "view other charts") seems to bear that
out. Another formerly free site that now requires
a subscription, which costs $20/month for individual investors.
EconomicIndicators.gov
(www.economicindicators.gov):
features next release dates and links to the latest reports for 18 or so
economic indicators such as new residential construction or retail
e-commerce sales that are compiled by U.S. Government agencies. You can
also signup to receive the reports by e-mail the day they are
released.
Federal
Reserve (www.federalreserve.gov):
Here it is, the center of the economic universe. Click
here
to see the minutes of the discount rate meetings going back to 1996. Click
here to
see the legendary Beige Book reports describing economic conditions in
each of the 12 Federal Reserve districts.
Financial
Forecast Center
(forecasts.org): computer generated
forecasts of interest rates, stock market indexes, retail sales, and much
more. The six-month forecasts are free, but longer forecasts require a
subscription.
Financial
Trend Forecaster (www.fintrend.com):
home of the Moore Inflation Predictor, which claims a 90% accuracy rate for
predicting the inflation rate one-year into the future.
Gallup
(www.galluppoll.com): Gallup
measures investor optimism monthly. Many analysts use investor optimism as
a contrary indicator. That is, high optimism levels suggest that the
market is headed for a fall, and vice versa.
InflationData.com
(inflation.data.com):
the place to go if you need monthly inflation data going back to
1914.
Martin Capital
Financial Newsletters (www.martincapital.com):
monthly and quarterly market newsletters covering market and overall
economic conditions.
Multpl.com (www.multpl.com):
All S&P 500, U.S. and World Economic stats that you could possibly want.
National
Association of Home Builders (www.nahb.com):
monthly housing market forecasts, plus the
Housing
Market Index. Check out the "Traffic of Prospective Buyers"
component of the index for a look into the future.
Stock Chart's
Sector Rotation Model (www.stockcharts.com):
displays the returns of nine major S&P sectors along with S&P's
Sector Rotation Model that predicts which sectors should outperform in
each phase of the economic cycle. Use the slider below the chart to go
back in time up to three years.
U.S. Courts
(www.uscourts.gov)
all bankruptcies must be filed in a Federal court. This is the place to
find U.S. quarterly bankruptcy statistics.
U.S.
Department of Labor (www.doleta.gov):
This is where you can get the weekly unemployment reports.
Financial
Bond Analysts
best
investing websites index
Stock analysts’
advice may not be worth much, but there is one type of analyst—those
that rate corporate debt—that shouldn’t be ignored. While stock
analysts are mostly interested in growth prospects, bond analysts focus on
a company’s financial health, and you should too! Each rating service’s
grades vary somewhat, but “AAA” always indicates the highest quality,
and any grade starting with “A” signifies reasonably high quality
debt. Three letter ratings starting with “B” such as BAA or BBB
indicate lower quality debt than “A” ratings, but don’t signal
significant risk. Two letter “B” grades and lower signify “non-investment
grade” securities.
A.M. Best
(www.ambest.com): Not a bond rating
service, Best rates the financial strength of insurance companies only.
Best uses single letter grades and companies rated B or less are
considered “financially vulnerable to adverse changes in underwriting
and economic conditions.”
Moodys.com
(www.moodys.com) is the easiest place
to find bond and corporate credit ratings because you can look up the
ratings using the corporation’s stock ticker symbol.
Forecasting
Future Market
Direction
best
investing sites index
Comstock
Partners (www.comstockfunds.com):
Who predicted the top and ensuing plunge back when the markets were
soaring in early 2000? Charlie Minter and Marty Weiner, co-managers of the
Comstock Partners value funds did. Check their widely-followed Daily
Comment for their current take on the market. After reading the
current column, you can peruse the archives to see earlier predictions.
Financial
Forecast Center (www.forecasts.org): The center, run by Texas-based Applied Reasoning, Inc.,
uses computer models to predict the direction of most market indexes,
interest rates, oil prices, currency exchange rates, and a variety of
other economic factors.The center
charges for its long-range forecasts, but you can see its month-end
forecasts, going out six months for free.
Fundamental
Analysis Tips
best
investing sites index
MSN
Money Ownership Report (moneycentral.msn.com/investor):
Here’s the place to find the names of everyone holding five percent or
more of a firm’s shares. Also lists top institutional and mutual fund
holders.
Prudent
Bear (www.prudentbear.com):
supposedly oriented for bears and short sellers, but everyone should read
the information here (all investors should learn how to analyze stocks the
way short sellers do).
More
of the Web's Best Investing Sites
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