Here’s my favorite resources and tools used in Trading. I broke this down to the following categories:
My favorite Trading blogs
Free Stock Data and News Sites
Traders Portfolio Whom I Track
Stock/Option Charting Tools
REIT Related Tools
Stock/Option Screening Tools
Resources on Stock Trading
Resources on Bond (Singapore) Trading
Resources on Unit Trust (Singapore) and ETF Trading
Resources on Insurance (Singapore)
Indicators That I Monitor To Check On Market
ETFs That I Am Looking At
Online Courses For Stock/Option
Here’s my favorite blogs on Trading:
Dividend Warrior regularly blogs about dividend investing, his investing strategies, and his investing mentality. A firm believer of using a systematic approach towards investing.
Lady You Can Be Free – Unlike most other bloggers, she’s clearly separated her portfolios by strategy. Her US stocks represent her growth strategy and her SG stocks represent her income strategy.
A Path To Forever Financial Freedom (3Fs) is by Brian Halim and he’s targeting retirement by age 35. A fundamentals-based investor, he believes in buying good businesses that are undervalued which provide dividends.
Dividend Aristocrats List contains around 50 companies in the S&P 500 Index that have increased dividends every year for the last 25 straight years. This is a great list to refer for your own portfolio building.
All Financial Matters does an excellent job of using charts and data to show how low-cost investing beats brokers.
Dr Wealth is a great compilation on trading outlooks and tips. Also updated on the current environment happenings.
Financial Joy Club by Sean Seah has a good free course called “Wealth Hacks” on building your own passive income.
Free Stock Data and News Sites:
Yahoo Finance provides great real-time charts and financial information about the stocks. And it’s free. 🙂
Reuters and Investing.com are the two other free websites that I can use to find the financial data on the stocks in the US and Asia market. Together with Yahoo Finance (above), I can perform analysis on stocks in depth.
CNBC (US) is one of the site that I check pre-market almost on a daily basis so that I can plan my trade plan for the day.
Traders Portfolio Whom I Track:
I track and may update my portfolio quarterly based on the changes on the following master traders:
Stock/Option Charting Tools:
StockCharts is the first online tool that I use each morning to have a quick check on my stocks. It is simple and fast.
TradingView provides a great online charting tools. It also has real-time information and market insights. I use this for tracking my Singapore, China and Hong Kong portfolio.
REIT Related Tools:
SREIT Data provide live updates on Singapore REIT data such as distribution yield, price to book, DPU, NAV and Gearing Ratio in an easy to read format. There is also similar information on REIT from Malaysia and Hong Kong on this website.
REITScreener is a great scanner for REITs in Singapore (free), Hong Kong, Malaysia, Australia and USA. You can adjust the parameter to identify opportunities.
REIT Notes is a paid site where you can get information on US REITs. It also has a ranking system which can help in your analysis.
alREITS is US REITs screener.
Stock/Option Screening Tools:
Jitta offer a great free online tool and does all the hardwork by ranking the list of stocks in 9 markets against their computed value. Use this as a reference to guide in your trading decision. Jitta Score is the number representing the business performance of the company for the past 10 years on a scale from one to 10. The higher the score, the better the company. Having a Jitta Score of more than seven consistently means the company can increase market share and generate more profit.
GuruFocus is a great online tool for stock financial details, screeners. What I like is that it also have a Discounted Factor (DCF) calculator. To learn how to use this DCF calculator, you can refer to this video on one example.
Finviz Stock Screener can screen using a wide variety of fundamental, technical, and descriptive metrics. The screener will also provide charts, quotes, and other useful information once you’ve drilled down and come up with results that are worth further exploration. To see if a stock is expensive/cheap, compare its P/E to either “EPS this Y”, “Sales Q/Q” or “EPS Q/Q”. If P/E is less then any of them, it is cheap (ie. can consider to buy).
Below are the other criteria that I used in this screener.
EPS growth next 5 yr: > 10%
ROE: > 10%
Sales growth past 5 years: > 10%
EPS growth this year: > 0%
Current Ratio: > 1
EPS growth next year: > 0%
EPS growth past 5 years: > 10%
Option Seller ROI has great online free scanner for Cash Secured Puts and Covered Calls. One word of advice, make sure to do this when you have enough cash to buy the stock if exercise OR you have the stock when you write covered calls. Don’t ever do this naked.
Zacks Stock Screener is well-known for its rating system, and its free screener offers a surprising amount of functionality, with more metrics than Finviz offers. While there, also check out Zacks Earning Calendar for opportunities.
Motley Fool Stock Screener lets you tap into the collective knowledge of the CAPS community, including the star ratings on each stock that are determined by the individual picks of thousands of Motley Fool members who use the system.
Magic Formula screener is formulated by Joel Greenblatt who married the key investing principles of Benjamin Graham and Warren Buffett to give stock relative valuation. You can check his The Little Book That Still Beats the Market for more information.
Another Magic Formula screener created by Dr Wealth. This does not require signup.
TradingView Screener is another free online stock screening tool. It also has Forex and Crypto screener and heatmap to aid in your screening.
Investor’s Business Daily is great IOS apps that you can use to do a quick scan of potential trades. Check out the RS (Relative Strength vs S&P500) score of each stock (I recommend only choose those above 80) in their IBD 50, Sector Leaders or IBD Big Cap 20. Do your other analysis to zoom into this list. Note that RS is different from RSI (which compare against itself).
Earnings Whispers is a great reference site on earnings expectations for upcoming earnings releases. I use it to confirm on upcoming earnings for trading opportunities.
Resources on Stock Trading:
SGX Investor Login is where you can check your Singapore Stock Portfolio held in CDP (Central Depository Pte Limited).
Hong Kong Exchange – I use this to check on the number of Hong Kong stocks to buy per contract.
Simply Wall St is a paid site which provide in-depth analysis of stocks from US and Asian markets
Nikko Asset Management list down the Unit Trust, ETF that can be invested using Singapore CPF or SRS funds.
Resources on Bond (Singapore) Trading:
SGX Retail Fixed Income Securities is the best online list of bonds in Singapore as it show more information as compared to other website.
Resources on Unit Trust (Singapore) and ETF Trading:
POEMS Fund Finder is a free online tool that can be used to screen for Unit Trust
POEMS ETF Screener is a free online tool to screen for ETF
Resources on Insurance (Singapore):
CompareFirst is an informational portal on life insurance product in Singapore. It covers Direct Purchase Insurance, Term Life, Whole Life and Endowment products.
OptionsXpress – I started with this platform and love it until it was bought over by Schwab
Charles Schwab (SG) – I like this platform and the support system in place. Hence, it was sad to see them closing up their Singapore office by end Dec 2019 and moving out. But nevertheless, a good platform. For those interested, can still go to their US website to register.
TD Ameritrade (SG) – I migrated to this platform from the one above. Hear lots of good reviews for them. [Update as at Dec 2019] Guess what. Charles Scbwab has bought over TD Ameritrade. So I am back with the same platform again. 🙂 Besides an Apps which you can install on your desktop or mobile device, you can also access this platform via their online portal (at reduced feature).
Interactive Brokers – I started using this broker after I hear about the tools and low commission rates. I am also able to integrate robot trader with this broker through its API. Hence do check it out. Besides an App which you can install on your desktop or mobile device, you can also login to their online platform here.
Tastyworks – I have heard good works of this platform from fellow traders in another community. Worth a look at.
eToro – I have not used this. A fellow trader introduce this platform as it allows trading of Stock, Options, CFD Forex and cryptocurrencies.
POEMS (SG) is the platform that I used to trade Singapore market when I first started in year late 1990s. I am still with them and I love the support. I even open accounts for my son and wife and manage their portfolio on their behalf.
Indicators That I Monitor To Check On Market:
Below are the indicators and valuations that I used to check if the market is overvalued or due for correction. Do read up the details on each of those pages and do your due diligence checks as well.
CNN Money Fear Factor – When money go to Extreme Greed and reaches around 20, it will most likely to bounce back up. This gives an indicator of the market direction.
Shiller PE Ratio is a more reasonable market valuation indicator than the PE ratio because it eliminates fluctuation of the ratio caused by the variation of profit margins during business cycle
Shiller Sector PE Ratio shows the Shiller PE Ratio split over 11 sectors so that assessment can be further drill down. Great for portfolio review.
Buffett Indicator is a valuation multiple used to assess how expensive or cheap the aggregate stock market is at a given point in time.
Is Inverted Yield Curve created? An inverted yield curve has predicted the past 7 recessions. An inverted yield curve is when the yields on bonds with a shorter duration are higher than the yields on bonds that have a longer duration. It’s an abnormal situation that often signals an impending recession. In a normal yield curve, the short-term bills yield less than the long-term bonds.
PP Bottom Fisher indicator when used in conjunction with W%R indicator give a good assessment of when a bottom of SPX has occurred. Check out this video on how to use it.
ETFs That I Am Looking At:
ETF Database (China ETF) is where I look at when I am reviewing on which China ETF to invest in. You can also check on the other countries ETF as well.
Sector SPDR is a great site where I want to analyse US Sector ETFs. This website gives a summary of the performance for each serctors in US market.
Bloomberg Market Data is where I can check on the current P/E Ratio of the indexes to decide if it is overvalued (just clicked into each indexes). Historically, average P/E Ratio and its market are:
S&P: 15% (peak 40%),
Shanghai Index: 20% (peak 70%)
Hang Seng Index: 15% (peak of 24%)
Online Courses For Stock/Option To Start Off:
Option Strategies Insider is the best free training course on Options Trading that I have come across. I have the fortunate of corresponding with the founder Chris Douthit over past 3 years and I have made money just applying what I learnt there. Highly recommended.
CBOE Online Course – There are more than 70 online courses here covering stocks and options. This is a good starting point but no need to go through all. Use this only as a starter.
MoneyShow – This site has resources for webinars, financial news, advice and education. Just create an account.
Coin Market Cap – It list down all the popular coins today. Use the Rankings -> Exchanges-Top 100 (Adjusted Volume) to determine if the coin is real or fake (based on algorithm from Coin Market Cap). This will help you in seeing the real volume.
Bitcoin Treasury list down the major funds and insiders who has purchased Bitcoin.
Bitcoin Halving Count list down critical information like the number of Bitcoin left for mining and also countdown to next halving event.
ICO Bench – Another site to see all the projects published.
Gemini – This is cryptocurrency exchange that I used. In my country, they are regulated and that gives me more assurance.
Coinbase – If you have a small cryptocurrency portfolio, then this exchange is a suitable one to try.
Binance – This is one of the largest exchange. It has high trading volume and liquidity. I have temporarily moved out after the news here and may come back after the dust settled.