Introduction
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This is Ken Leoni Vice President of Marketing here at Stock Rover, and in this video, I’m going to show how to leverage the Quotes feature in Stock Rover.
Navigation
Before jumping into Quotes it’d probably be a good idea for us to take a quick step back to review the Navigation panel and how it is used to select tickers for research and analysis.
As we’ll see shortly Quotes are part of a powerful and unique navigation capability in Stock Rover.
The Navigation panel is used to determine which datasets are loaded into the table. As we can see the Navigation panel has a tree-like structure that includes folders and sub-folders of tickers. For example, Indices, ETFs, Portfolios, Watchlists, and Screeners.
If you’re familiar with Explorer on Windows, or Finder on MAC, then you’ve mastered the concept behind the Navigation panel.
For example, if we select Indices we’ll see a summary in the Table where each row is an index, we see the Dow Jones Industrial Average, the NASDAQ 100, and more. If we select the Nasdaq 100 in the Navigation panel, we now see 100 rows in the table, where each row represents a ticker.
You select the tickers for research analysis — your “dateset” if you will, by selecting the appropriate Portfolios, Watchlists, and Screeners. For example, if I go to Watchlists and select FANG Stocks, we see Facebook, Amazon, Google, and Netflix in the table.. simple enough!
OK, now that we have this intuitive Navigation panel mastered, what’s behind Quotes?
Well I’ll start with Quotes toggled off, we’ll toggle it back on in just a minute.
Research and Analysis
The first thing we can use quotes for is to perform ad-hoc research and analysis.
And I’ll type an “a” in here and what you’ll see is we can match based on stocks, preferred, CEFs, ETF’s, Funds and Money Market instruments.
I’ll enter Microsoft in the Ticker Window. We can search by name or ticker. We now see Microsoft in the Table, the Chart, and the Insight Panel.
We also see that we’ve 1 ticker in Quotes, we can also add and remove tickers from Quotes by right clicking. My general rule of thumb, when in doubt right click. Let’s add Sony. Again, if I select Sony in the table, both the Chart and the Insight panel are populated. Also, you can see how easy it is to compare the two tickers in the table. There are some great videos explaining the table in more detail in the getting started section of the Stock Rover web site.
If I collapse the Navigation panel to gain some more real estate, you’ll see that Quotes is also available at the top of the Table.
Comparing Quotes
Again, we have Quotes toggled “off”. Why and when would we want to toggle it on?
Let’s go back to our FANG watchlist. Watch the table when I toggle Quotes to on. We now see both Microsoft and Sony appear in the table.
Quotes allow us to intersperse our own chosen tickers along with those tickers selected via the navigation panel. This allows us to research and analyze the 2 datasets together making performing a comparison quick and easy.
The bolding indicates that the tickers are coming from Quotes. Keep in mind if you have a ticker in Quotes that is already part of the navigation panel selected dataset it won’t be bolded. For example, if I had added Facebook in Quotes, notice Facebook is not bolded even though it is included as part of quotes.
Note, I can remove the tickers from comparison simply by deselecting them in the Navigation panel.
Managing Quotes
Managing what tickers are included in Quotes is simple enough. I can remove all, or remove selected tickers. We can change the order of the tickers with a drag and drop or even change the order of the columns.
Summary
To summarize Quotes allow you to:
- Quickly select a ticker or set of tickers for ad-hoc research and analysis, and
- Quotes allow us to intersperse our own chosen tickers along with those tickers selected via the navigation panel. This allows us to research and analyze multiple datasets together making performing a comparison quick and easy.
