Marc Chaikin, creator of the first real-time analytics workstation for portfolio managers and stock traders, has launched Chaikin Power Tools, a free iPhone® app which gives individual investors access to sophisticated investment decision-making tools previously available only to Wall Street professionals. Chaikin Power Tools distills diverse and complex financial information on any of 5000 stocks into intuitive green (bullish) and red (bearish) displays, making critical stock market data easy to understand.
The Chaikin Power Gauge model was independently back-tested by Marc Gerstein, who spent twenty years at Value Line Investment Survey as assistant research director, was director of investment research at Reuters.com and authored two books on stock screening. Gerstein is presently editor of the Forbes Low-Priced Stock report. His back-tests on ten years of data validated the performance of the Chaikin Power Gauge rating, which is the centerpiece of the app, and confirmed that the rating is successful at identifying stocks which outperform or underperform the market over the ensuing 3-6 months.
The centerpiece of Chaikin Power Tools is the Chaikin Power Gauge rating, an unbiased, proprietary, 20-factor model that analyzes complex data based on financial metrics, earnings performance, expert opinions and price/volume activity, and distills it into a concise, intuitive display. The Power Gauge rating is updated daily and is accompanied by real-time news sentiment analysis generated by their proprietary linguistics parsing software.
Investors can seamlessly execute stock trades from the Chaikin Power Tools iPhone app through their mobile brokerage partner, optionsXpress.