Published on October 30th, 2009 | by AppTrawler0
Review: NASDAQ Portfolio Manager
The Portfolio Manager is an excellent application if you want to watch a particular set of stocks over a given timeframe. You can search for a stock by either its name or ticker symbol and add it to the list of stocks on the main page (of course, the app comes pre-loaded with the stocks for both Apple and Nasdaq already added to the list).
A data or WiFi connection is required for the attainment of stock data. After selecting a stock, you can input the price and number of shares purchased to add to your portfolio. You can also simply “watch” a stock whether you own it or not by adding it to your watch it. In either case the quotes are delayed and not provided real time.
They also have a section called “StockTwits”, in which tweets are listed that people make about NASDAQ stock or stocks in general. It’s quite amusing to read. Another great feature is the ability to view charts for the historical performance of any particular stock.
This is a slick app. It’s very well executed and if I were more of a stock trader, I would likely use it. My only complaint is that it doesn’t track any stocks on the other indexes such as the Dow Jones, but why should it? Isn’t that the competition? Would you buy a McDonald’s burger at Burger King? You get the idea.
Would I Buy Again: Most likely.
Learning Curve: Medium.
Who Is It For: Stock enthusiasts.
What I Like: Cool interface. Data “straight from the source”.
What I Don’t: Only tracks NASDAQ stocks.
Final Statement: Definitely worth the price of admission.
NASDAQ.com is“The Source” for financial data for more than 2.2 Million monthly unique users who rely on the NASDAQ.com website for real-time last sale data, stock quotes and the latest financial information. Now NASDAQ.com is bringing you the NASDAQ Portfolio Manager (QFolio) for the iPhone. QFolio is the essential tool for tracking your favorite stocks, providing quick and easy access to real-time last sale data — directly from “The Source.”The QFolio App is designed for the average novice investor to the active trader. It provides an interactive, dynamic experience for accessing real-time pre-market, regular session and after hours trading data. The core functionality is the stock quotes search. You can use the stock finder to easily look-up a stock, get a quote and add it to the portfolio tracking feature within the app.Enter the number of shares and cost at which you executed a trade and QFolio will allow you to quickly view the current value, along with the value of individual stocks and your total portfolio. You can also set-up a watch list for stocks you’d like to monitor, but don’t currently own. This will allow you to track stocks without having them added to your portfolio value.In addition to monitoring your portfolio positions throughout the day, you can use QFolio in a variety of situations:- On your way to work? Check how your stocks are performing in the pre-market session.- A friend mentions a stock pick? Review the charts for the stock to see the historical performance.- Want to know what others are thinking about a stock? Read ideas from real investors in real time using the built-in StockTwits feature.Please send comments, suggestions or to report a concern to [email protected]