The figures have shown that which almost everyone was aware would happen with the exception of the company’s leadership. Netflix’s decision to unbundle its postal DVD delivery and DVD streaming services while charging separately for each (which would cost consumers 60% more than they were already paying) was a bad one. Losing 800,000 clients in the space of two months is by no means a small loss of loyal clients for a company which relies on repeat trade in order to survive. There are, however, occasions where success is not defined by the unfortunate events or the impact of such events, but the reaction to the situation by those in charge. Whilst the decision was clearly not a popular one and shows a lack of vision from those at the top, especially during an economic slowdown, Netflix did what the management at Research in Motion failed to do: they responded to the demands of their client and reversed the decision.  Whilst the company still took a substantial hit from this poor strategy, they did manage to claw back some of their customers if not investors. The company is clearly not Google when it comes to marketing or building its business but it has got a great niche which it may have learned not to tamper with. Netflix is currently rebuilding its eroded customer base whist investors still avoid the stock even though revenues are heading north once more and things look set to improve.

However, it recovery from near disaster does not mean it will necessarily be a continuously smooth ride for this stock. The first concern is that Netflix’s competition is increasing by the day. Film studios such as Paramount, Universal, 20^th Century Fox and Warner Bros have formed a consortium with Wal-Mart and Hollywood to offer digital distribution of film content on DVDs stored and purchased at Wal-Mart stores. Competition abroad is also increasing, with Prime Videos, YouTube, iTunes, SkyGo and HBO Go all providing to be intense competition with improved internet services.

Undoubtedly, Netflix’s error has made the competition a lot wiser to how it can operate in the streaming digital market and Netflix will need to be increasingly innovative and use its experience in order to stay ahead of the pack. Currently in Netflix’s favour it seems to have the most sustainable model of all the streaming digital content providers given its consumer base. Netflix has also shown that it can respond quickly to changes in market perception of its products or its mode of operation.

At the moment, the only parameter that has been weighing on share price is the negative market perception that followed the unbundling of Netflix’s services. There is nothing fundamentally wrong with Netflix. It is not suffering from a poor product, or lack of innovation and the evidence of this is the multiple companies clamoring to get involved in the industry. Customers rightly did not see why they had to pay more for two different services that they used to enjoy together at a reduced cost, and this appears to have had a lasting affect on investor confidence. That perception is still in play in the market, but as the customer base is being built up once more and revenues are climbing, it is expected that the market sentiment will logically reverse given time and provided Netflix both manages not to make any further disastrous decisions and that it is able to hang on to its dominant market share.

What is so special about the introductory betting graph of Barack Obama’s odds for Next President? I suppose most TradingGraphs visitors are quite familiar with technical analysis and financial charts. Therefore you must have already pointed out the support level at 1.50 and the resistance level at 2.00. Those are decimal odds of Barack Obama winning the 2012 US Presidential Election. In US odds they are the same as -200 and +100 respectively while for those accustomed with fractional odds, they mean 1-2 and 1-1. As the odds are traded close to the support level and the betting action has already verified that price level, I would suggest a possible lay bet with a likely profit target at 2.00. How much profit would that trade bring?

Say you have a trading capital of $1,000 and you don’t want to risk more than 2% of that in any trade. Specifically you need to risk no more than $20. Say we lay Barack Obama at 1.60 and set a stop loss at 1.45. Due to the money management rule we’ve defined, we must lay $200 at 1.60 in order to stand to lose $20 if we are wrong. The following image is quite self-explanatory.

Now we will assume Obama’s odds continue drifting up to the resistance level where we will exit the position. Trading out $160 with a back bet at 2.00 would result in securing $40 profit no matter the election’s outcome! Again check out the image:

This special political trade I’m suggesting of has a 2-1 reward-risk ratio, which needs to win at least 33% just to break even. The real question is whether we estimate the probability of Obama’s odds climbing back up to 2.00 more than 33% or lower. Because if we believe sports traders will lay Obama – or back any other candidate like Mitt Romney – the odds will rise and we will make money as shown above.

Trading on a political event such as US Presidential Election of 2012 might sound awkward for some readers, but the betting graph is nothing more or less than a stock graph. All we have to do is predict correctly the odds movement – like the stock price – more often than wrong. I guess I should say that this kind of trade resembles more of futures trading rather than stock trading, since there’s a specific date when your trade will eventually close automatically. And that is the Election Day!

Yahoo! mail and search was the entry point to the internet for many people. The very first thing I ever learnt about the internet in 1999 was how to open a Yahoo mail account, and send/receive emails on the Yahoo! platform. This Yahoo! Mail platform contributed to driving the website of Yahoo! to achieve the number one traffic ranking according to Alexa for so many years. How Yahoo! was unable to successfully tap into this priveliged position whilst leaving the likes of Google (GOOG) to storm right past it, is something that co-founder Jerry Yang may still wake up wondering to this day.

Yahoo! has simply been unable to unseat Google when it comes to online advertising. Google even came up with an email client that fast outpaced that of Yahoo! in popularity, forcing Yahoo! to make badly needed changes to the basic email interface that it had provided to users for years. Yahoo! has fallen seriously behind in the dynamism battle with Google, its old adversary from the days of the basic web search.

Yahoo!’s problem? Innovation and speed of adaptation are the two things that have dogged Yahoo! for years. But it seems that Yahoo! has decided to try out something new this year. It recently announced plans to shed 15% of its workforce, and to completely restructure its operations to enable it compete favorably with its age-old competitors Google, and an emerging one in Facebook. Things may not, however, all be bad for the former darling of the web as Yahoo! intends to revamp its services and roll-out an action plan which may prove its doubters wrong.

The Re-Organization Plan

Yahoo! intends to re-organize the company into three groups: consumer, regions and technology. Although this shows a willingness to reevaluate its business model, there still exist several major weaknesses and obstacles to its rejuvenation.

Yahoo! has placed its social media and flagship business of offering free mail and advertising under the Consumer Group. However, it is unclear at the moment how Yahoo! intends to outdo Google which already has a very firm foothold in the ecommerce industry with Google Checkout. Google Checkout already has advanced usage, especially as users of other paid products from Google such as the Android Developer Marketplace are firmly integrated into the Google Checkout ecommerce platform.

In order to boost its market share in the advertising market, Yahoo! has partnered with Microsoft’s Bing to provide a much better internet search experience using Bing’s advanced search algorithms. Although clearly a sign of its aspirations to better itself, combining with a direct competitor such as Microsoft (MSFT) could be seen as a sign of the company’s weakness and capitulation by many investors.

Going forward, it is very difficult to see Yahoo! regaining any piece of the market share which has been lost to Google, as Google seems to be ahead of the game in all departments. Yahoo! currently trades around $15 a share. Any upside movements (and the keyword is ANY) is not likely to cross the $18 mark. If there is any direction I expect Yahoo! stock to go it is south. For me, the company simply lacks the imagination or the drive to do what it needs to do to offer any significant and sustained challenge to the might of Google. Furthermore, many are beginning to doubt that the company will even be able to maintain its independent status for too long.

If you compare the innovations of the two companies over the last five years, there is a lot that can be applauded in terms of Google’s development but very little offered by Yahoo!. Google has expanded its Google Checkout system whilst also rolling out a hugely popular android operating system for mobile technology. Not only has Yahoo failed to move sufficiently with the mobile information revolution, but it is also finding itself falling behind mobile hardware designers who are moving to compete in its markets. Hardware giants Apple (APPL) have already launched their icloud internet service to rival the domination by Google and Yahoo in online email services.

Google have also moved big-time in to social media, creating the Google+ network which has the potential to be a direct challenger to Facebook who have a highly publicized stock launch later this year. It has also been striking deals with mobile phone operators, such as Motorola whilst Yahoo! has failed to think so pragmatically about maintaining its popularity in the mobile generation.

But what can we say for Yahoo!? Sadly, there is very little to talk about. We need Yahoo! to start becoming aggressive and capitalizing on the declining popularity that it still commands if it is to look at all attractive as an investment. Yahoo needs to become creative with product lines, reaching out to consumer demands and producing innovative products that provide high-quality and competitive services. Not only is it getting beaten in the US in terms of popularity but it is only making half-hearted entries into lucrative markets such as China. Dynamic search engines such as that provided by Baidu (BIDU) are outcompeting Yahoo! as a direct result of this slow entry. The key to rejuvenating Yahoo!’s fortunes is aggressive marketing and innovation. Perhaps the company needs to stop competing with Google altogether and forge a different niche for itself. Their news service is one key area where Yahoo can attempt to dominate if it can make further inroads alongside its recent partnership with US giant ABC news although it will still remain far behind specialist providers such as Thomson Reuters (TRI). It is therefore left to see if the restructuring of the company will yield fruit but, frankly, Yahoo! needs a lot more for investors to become excited about if it is to break out of the restrictive $18 price range during 2012.

The Silver Wheaton Corporation (NYSE: SLW) is one company that is going to have to work extra hard to prevent a detrimental effect on its stock price as a result of the recent pullback in the prices of its sole product. It will have to increase the volume of silver it mines and sells, as opposed to trying to benefit from an increase in the value of silver.

When a company’s product is one where is stock prices are effectively tied to a commodity and are subjected to market bias as a measure of supply and demand, it can be very tricky business indeed. Silver is traded actively on the markets, and it is subject to a market bias which can drive its price up or down. Putting this in to context, a product like an iPhone is not traded on the financial markets and is not subject to such daily variations in prices as we see in spot metals. This means that for an iPhone, prices will tend to be more stable and will be a subject of demand and supply in real-time situations; it also means for Apple that they can focus in output rather than wildly fluctuating handset prices. This is not the case for Silver Wheaton Corporation, which is subject to the daily price swings of silver in order to determine its fortunes. On two occasions in late 2011, the price of silver dipped by 35% in a matter of days. What does this sort of volatility mean for a company whose flagship product is silver?

What it means is that the company itself and its investors are standing on thin ice virtually all the time. In a hypothetical situation, a company that makes $10million from selling 500,000 ounces of silver to a phone maker or a pharmaceutical company that makes silver nitrate at $20 an ounce, will only make $8million if it sells 800,000 ounces of silver at $10 an ounce. The silver company is still selling, has not seen a cutback in orders, and indeed has even seen an increase in its orders, but is still making less money. What happens to this company’sstock? It will lose value as investors will offload it to seek more profitable ventures.

This is the unfortunate situation that Silver Wheaton has found itself in today. Despite a modest first-quarter recovery in silver prices, this trend is not likely to be sustained as fundamentals based on demand for the metal, along with an improving global economic outlook are pointing to a renewed round of falling prices. Some of the heavy silver buyers in China and other parts of Asia have scaled back on their orders. Liquidity is low, and there is a lot of silver supply without a matching demand to sustain rising prices. Moreover, silver’s newly forged identity as a safe-haven asset when it rode on the back of rapidly rising gold prices appears to have petered off.

The outlook for Silver Wheaton is currently negative, and it will not be a surprise to see further declines from present prices which are hovering around $30 a share to a share price below its current 52-week low. Something positively extraordinary has to happen to silver prices in order for us to see a short term recovery in the share price of Silver Wheaton. Although it is not impossible that a rally may attempt to break the back of the current downtrend, it would take either some beneficial product diversification, or a substantial increase in either output or the commodity price in order for Silver Wheaton to begin to appear as a positive buy.

Microsoft was slow in entering the digital mobile and tablet device markets, and long-term competitors such as Apple have virtually pushed them off the track with cutting-edge innovation. An ill-advised attempt to acquire Yahoo! fell through several times and was perhaps a beneficial failure for the company given the position of Yahoo. All these have led to severe dips in the value of this stock. For a stock that was trading at $95 in 1999, the present value of just over $31 per share does not make for very happy reading to many long-term Microsoft investors.

Microsoft has released the preliminary version of its Windows 8 software, which includes 99 Metro apps. However, Windows is facing very stiff competition from Linux (which is available for free under a General Public License) and PC hardware makers Hewlett-Packard and Intel have been using Linux-based operating systems rather than the conventional Windows OS. Consumer demand for PCs are also expected to drop off as many people adopt the iPhone and Android-based smartphones as well as the corresponding tablet devices for their everyday web browsing; all of which run on operating systems that are not Microsoft.

Microsoft’s enterprise solutions such as its cloud software Windows Azure, Microsoft SQL server Silverlight, etc. are also facing stiff competition from similar products from IBM, Hewlett-Packard and Oracle. Microsoft’s online services, which range from Bing to AdCenter and MSN, all have competitors that are controlling the market place.

It is not all gloomy though. The company may have lost market share and no longer have a monopoly on computing hardware operating systems, but it is still making money. Despite the image of Microsoft as something of a dinosaur, looking at their statistics paints an entirely different picture:

1)      The net profit margin of Microsoft has remained above 25% for ten years in a row!

2)      For every $10 Microsoft has spent on capital projects, it has made $90 in return from its operations! This is a truly remarkable feat.

3)      Its earnings per share and price earnings ratio has been on the rise steadily for the last 10 years.

So what is the future of the share price of Microsoft?

The fact is that if a company is making the kind of revenue that Microsoft is continues to generate, and is regarding its investors with cash dividends as a result, investors will not be too bothered about  losing market share of its older operations. Market share is meaningless if a company is not making money and similarly a company can control a smaller consumer base with larger profit margins.

Microsoft’s financial strength is its greatest asset at the moment. With a price earnings ratio of roughly 23%, some analysts suggest that Microsoft is undervalued by almost 50%. The company has a strong management, operating conditions are excellent and profitability is not going to be affected anytime soon.

Microsoft has also taken some pro-active steps to re-capture some of the ground it has lost over the years. It seems Microsoft now wants to take the bull by the horns and has made some strategic decisions to overhaul its operational model so as to get a piece of the huge pie that Apple and Google are enjoying in the smartphone and tablet market. A number of collaborations with Nokia have eventually materialized with the launch of the new Nokia Lumia 900 smartphone. What many do not know is that while Apple and Google seem to be holding sway in the smartphone market in Europe and America; Africa and Asia is still very much a large underdeveloped mobile market.

The penetration of the iPhone in Africa is still very low and Bill Gates has already rolled out mobile technology in countries where Google and Apple are not nearly as well connected or entrenched. This is where Microsoft will likely find a return to dominance. Analysts predict that Microsoft will leapfrog Apple as number two in the ranks for mobile software by 2015, it also sees it biggest challenger as Google Android rather than the flashy hardware designer. However, despite the larger consumer base that Android controls, Microsofts strategy will be based on the fact that there are a lot of Android users but there aren’t a lot of Android lovers according to Gartner Inc. All this points to an interesting and potentially bright future once again for the old dinosaur Microsoft.

HPQ stock reaction on CEO ousting news

Looking at Hewlett-Packard´s quarterly results paints a fairly grim picture of the current situation. Revenues have fallen by $30 Billion and net earnings have fallen by 40% over three months. This has inevitably dragged the earnings per share down by around 38% as a global slump in demand for Hewlett-Packard products becomes apparent. Much of this decrease has been as a result of falling sales in Hewlett-Packard’s hardware product lines for such items as laptops, printers and imaging machines. Its software division has also experienced a decrease in activity as a direct result of the rising competition in this market from rivals such as Oracle Corp (ORCL.O) who command a vast commercial following. This is occurring whilst competitors such as Fujitsu-Siemens (FJTSY) are producing highly affordable personal computer systems and the tablet market being dominated by the likes of Apple (APPL) and others who were pioneering and investing in this technology at an early stage. Software has always been lucrative but Hewlett-Packard has seen itself squeezed out of the corporate market by the oligopoly of large providers such as Oracle Corp.

The situation which Hewlett-Packard currently finds itself comes after years of boardroom squabbles, a well-publicized sex scandal involving an ex-CEO and several operational decisions which turned out to be absolute blunders. So what future does this stock hold as an investment?

The truth about Hewlett-Packard is that it is still very far from the Promised Land. Meg Whitman inherited a company in chaos and it will take quite some time for any kind of recovery to be seen, and even more for this to be passed on to by investors. The necessity for the company to rejuvenate itself in the aftermath of poor leadership and at a time when technology is moving at an obscene rate is imperative for it to regain its status as a market leader.

In general, the PC industry is suffering from a period of sluggish growth as demand for tablet devices has skyrocketed. The birth of flat-screen, ultra-mobile devices stemming from the Apple iphone has created both rising and falling stars in the technology industry. Those that have chosen to hang on to technology of the past in defiance of this revolution have generally seen their sales fall significantly. However, even in the face of a dwindling market appetite and reduced demand for products, competitors like IBM (IBM) have found a solution and been able to hold their own, especially in the areas of business support and consultancy services. IBM Global Technology and Global Business Services divisions collectively made $60billion during this period while Hewlett-Packard was conversely losing billions of dollars.

In an attempt to start the painfully long process of recovery, the board of Hewlett-Packard has approved some operational changes such as the merger of its personal computing and printing divisions. But, if the truth be told, a lot of ground has been lost to companies such as IBM who are well established in the personal computing market, and to companies like Apple who are not only into personal computing and associated media but are also dominating the smartphone and tablet market with its iconic devices.

The stock is presently unattractive and price is expected to remain in a tight range with a bearish bias for a long time to come. We may see some accelerated recovery if there is improvement in the figures that will be shown to investors within the 2^nd quarter results. However, despite the gloom, it is also worth bearing in mind that Hewlett-Packard has a large base of commercial customers who are not necessarily looking for the company to become competitive in the flat screen tablet and mobile phone market. An interesting move for the company was focusing on cost-reduction, not only its own energy use, but in that of its clients. The company produced some pretty impressive results relating to corporate energy reduction in its recent energy efficiency tour.

Furthermore, it may not all be bad for HP shareholders who are currently trapped holding the stock, HP still markets many of its products under the strong image of reliability that has brought the company corporate loyalty over the years. Meg Whitman has pointed out that this will continue to be a major selling point for the company that still values quality and understands the demand for this from its commercial core. Despite it lagging behind the touch-screen technology market HP may still regain its niche in the commercial sector in the future, which is a very large niche indeed.

As anticipated, the 2011 full year results of Goldman Sachs were not particularly pleasing to investors. All the financials were in the red, with total equity, revenue, operating income and net income all dropping substantially. Return on equity, which was previously at 27% prior before the global financial crisis, is now at a mere 9.9%.

These figures, along with the lack of sympathy for poor risk management and banking frailties, has put tremendous pressure on the management of the bank, with shareholders, employee unions, religious institutions and union pension funds all pressing for sweeping changes to the way the bank is run. The unfortunate recent comments included in the resignation letter of the former head of Goldman Sachs Equity Derivatives business, alleged that executives of the bank commonly referred to clients as “muppets” and that colleagues commonly made comments about “ripping their clients off”, did nothing to help the fortunes and public image of the bank. At a time when attracting clients to use its services was critical this was particularly damaging and has added to the negative sentiment held by investors towards all banking stock.

The result of this negative sentiment has been a consistent drop in the share price of Goldman Sachs stock, from a 52-week high of just under $157 to just above $115 per share. The first quarter earnings reports on the 17^th of April announced a 23% fall in profits as the bank lagged behind JPMorgan Chase and Citibank in their trading departments. Whilst the underlying figures are not looking good for the bank, they did beat analysts expectations on the earnings per share at $3.92 and surprised investors with a 46 cent dividend; the first since 2006.

Looking at the actions taken prior to the report announcement, it is clear to see that there are several issues going behind the scenes:

Firstly, the damage control mechanism of the bank is in full gear with the slashing of the pay to Chairman/CEO Lloyd Blankfein, who now earns a conservative $11m which is a far cry from the $50m he was earning just before the global financial crisis. Other top bank executives have also had their pay packages slashed, in what the bank says is in pursuance of its “say for pay” policy where performance was the indicator to justify the level of financial compensation to bank executives.

Secondly, the bank had succeeded in striking out three of six major shareholder demands in the proxy statement, heading into the earnings call. The management of the bank is advising shareholders to defeat the proposals when they come up for voting. Shareholders are asking for a slash in the lobbying expenditure of the bank, splitting of the Chairman/CEO portfolio of Blankfein, and forcing bank executives to hold on to their stock holdings until 3 years after they have left office (recall that former CEO Henry Paulson sold off all his holdings after leaving the position, and effectively lost nothing when share prices tumbled in late 2008). This will, the bank hopes, enforce a more responsible attitude from its employees and reflect a more accountable ethos to potential investors.

Thirdly, the bank has made moves in cutting costs by laying off 2,400 workers in 2011, as well as reducing operating costs by close to 14%. Although controversial in terms of the social costs of such mass unemployment, the bank is displaying, to its shareholders, that it is serious about austerity within the company.

However, despite Goldman Sachs beating analyst expectations the relative performance of the bank shows that there are currently several better options available within the industry. Both Citigroup and JP Morgan currently represent more profitable, and perhaps more solid options for investors. Goldman Sachs still has to prove that its austerity measures and company ethos have improved the profitability of the bank. Having said this, the bank lost 46% of its stock value in 2011 and so far it has gained around 30% this year. On this basis it would appear that a slow, but steady, recovery may be underway not only for the individual bank but the entire sector itself.

The result of this success has had a phenomenal effect on its share price. Google has traded above $600 a share for a long time. When you compare this with Yahoo!, who was initially a direct competitor to Google, who currently trade at around $18 per share, or Microsoft at $31 per share, it is clear to see that Google is in a class of its own.

So it was with great expectation that investors viewed the conference earnings call of Google on April 13^th 2012. Investors got what they expected in terms of earnings and the financials, but were taken aback by the surprise announcement of a stock split that effectively increased the controlling stake that Sergey Brin and Larry Page have on the company. The stock immediately traded down by 3% on the stock news.

What implication will the stock split have on the future of Google as a whole? To understand this better, let us look at the financials in the first quarter report:

1)      Earnings per share of $10.08 (as against analysts’ expectation of $8.95 per share).

2)      Year-year increase in US revenues to $4.9billion (a 22% increase).

3)      Total revenue of $10.65billion (as against analysts’ expectations of $8.14billion)

With such a strong performance, it could have been expected that the stock would react positively to the earnings report. However, the 2-for-1 stock split announcement has led to a recent drop in share price and a deflation in the short-term prospects for the companies stock. The announcement essentially meant that each shareholder of Google’s two classes of stock will be issued with a further class of stock which will lack voting rights. This move effectively puts the majority of voting rights in the hands of ex-CEO Eric Schmidt, Larry Page and Sergey Brin.

One take on this is that the brief sell-off in Google’s stock is more like a knee-jerk response to an unexpected move by Google’s founders. Many investors and shareholders may not really mind the long term implications of leaving the voting rights in the hands of the three people who have so far guided the company to where it currently stands, as long as the company continues to do well and deliver profits and dividends to investors. You may call this an excuse for prices to pull back a little from their surge of recent times, but the fact remains that Google is an exceptionally good stock.

The stock split proposal is up for vote within the next two months. This is expected to pass, given that Google has always operated a dual class stock structure which allows decision-making and overall control of the company in the hands of its founders. This latest move is actually reinforcing the systematic leadership which has existed since the company’s inception; it is nothing new. Furthermore, the majority voting control lies in the hands of the founders anyway, so the likelihood of its not passing is virtually nil.

When the dust has settled, it is expected that Google will continue from where it left off, especially as it has begun to challenge Facebook in the social media field. The future of the stock will also be influenced by the success of Facebook launch later this year, which is not only expected to be the largest in history, but will also reflect investor demand for social network-driven stocks. Being that this is an industry where Google is making significant inroads, it may make the current value of their stock appear relatively inexpensive. So far, the current leadership has made great calls over the years, and as long as this trend continues, $700 per share Google is very likely to be on the horizon.

The Excel spreadsheet includes all the data anyone can download from the NASDAQ website. If you downloaded the file in that post, you already found 6,500 stock symbols! The stock data provider however includes a couple of stock symbols more than once, followed by special characters like / and ^, which although useful for discriminating different stock characteristics, they will get you in trouble when you try importing into Ninja Trader. Therefore they need to be deleted prior of importing.

First I sorted the stock list by market capitalization, so that I omit stocks of less than 1 Billion market cap. The symbol list was reduced to 1,900 companies but if you tried importing, the stock trading software would deny completing the task due to the special characters in some of the symbols. I went on and used “Find and Replace” function of Microsoft Excel to delete the duplicate stock symbols and keep one symbol per stock. That brought the list of stocks down to about 1,800 and then converted the symbols list into a text document for better formatting.

Download the stock symbol list (txt – 7KB)

Now that you have a complete list of US stocks in your computer, open the text document and copy the list. Load the stock charting software, go to File – Utilities – Import Stock Symbol List and paste the stock symbols into the white space you find in the new window. You also need to select or create a new instrument list like the “Nasdaq” I used, where all the new stock symbols are going to be imported.

When the import is complete, NinjaTrader will let you know of the import results and you can begin using the charting software.

 The next steps include opening a new Market Analyzer window (found at File), adding a new instrument list in the Analyzer (left-click and pick the list you already created during the import) and connecting to Kinetick service (File – Connect). You will soon realize that the instrument list in the Market analyzer will be getting updated by the latest and free Kinetick End-of-Day data! In a matter of seconds you can type in any stock symbol into the charts and all the latest data will be plotted onto the stock graphs!

I have used the exact same stock symbol list for months to monitor and analyze end-of-day data of US stocks. Ninja Trader combined with Kinetick offers the easiest and cost-free way to keep track of the US stock exchanges. Besides it’s a great trading software to learn technical analysis with up to date stock data and create your custom technical indicators.