Top 20 Stock Market Websites & Resources

Are you interested in the best online stock market resources?  These are the most important tools and website you need to know and add to your trading arsenal.

In this review we break down the top 20 stock market website and resources to the top 5 in each of the follwoing 4 categories:

• Top 5 Stock Market & Financial News Providers —  will share the best sources of news on the web
• Top 5 Stock Market Software Vendors will reveal the best stock market software for trading success
• Top 5 Educational Products the best stock market training courses on the web
• Top 5 Free Stock Charting Websites will highlight the best of the free stock chart websites

So lets start with our top 20 review.

Top 5 Stock Market Resources & News Providers

Having fast access to real time news and breaking alerts on events in  the stock market can provide a significant edge and add to your trading success.  Here we reveal the best sources of news and rumors on the web.

Benzinga is one of the fastest growing real-time news providers.  Its articles are well written and all focused on actionable trading ideas.  This is quite unique and an excellent source of inspirations when you are searching for your next trade.

Benzinga PRO adds the real time element to the news so you get the edge before other investors.  Benzinga PRO has a browser based real-time news feed and the boast that their news is so quick that they can consistently alert you to stock moves before Wall Street has a chance to act. They also have real-time audio alerts which is absolutely unique.

The Pro service is well worth trying especially as they have a risk free 14 day trial.  See for yourself at Benzinga PRO

• Full access  to the entire Benzinga news-feed Real- time
• Real-time market commentary  — giving you expert stock analysis and previews to up coming events
• Customizable watch-lists  — enabling you to see real-time news on stock you are interested or invested in
• Calendar access  so you know what is about to happen and how the market might react and also the importance of the announcement on the move.  This is further sub-divided into Economics annoucements that can move markets, ratings shifts, mergers and acquisitions news, splits, IPOs, retail sales, and conference calls.  You name it Benzinga PRO has it at your finger tips.
• Trading ideas  is a nice touch with insights into potential moves that you could profit from

• Real-time Audio News  — this is really impressive, I have it open whilst watching the markets so I do not need to be watching the screen.  Every 2 minutes a real time audio feed announces the latest news via my speakers this service is worth the upgrade to Mach III.  As I am writing this an announcement came through that Novartis got FDA approval for a new drug.  I just checked online this is not on the web yet.

Mach IV  ($209,00 Check latest price here)  — this is the service I am using and although the price is a significant upgrade from the Mach II and III offerings it does provide in addition to the above:

• Sentiment Indicators  — this is a really excellent feature that allows you to feel the sentiment of the analyst who submits the news item, this is rated as 1 to 3 bulls or bears depending on how the analyst feels the news will move the stock.  This is unique and a great asset.
• Chat with News-desk Feature  — wow this allows you to question directly the Benzinga news desk to deep dive into your own specific questions straight from the hub of the news.
• Exclusive CEO comments  — Benzinga Analysts have frequent exclusive interviews with CEOs and the publish exclusively key comments that may provide key insights into a stock you own.
• In person Event Coverage  at live earning announcement events if you trade earnings this is your ticket to sitting at the event its self getting analyst feedback at it happens.

www.benzingapro.com>Benzinga Professional Leaderboard 72890</a></h2><br />br /

eToro brings to the table something unique.  The ability to follow and copy traders with proven verifiable track records.  You get instant alerts on the trades they are making.  Each trade is logged through eToro and the wins and losses are therefor verifiable.

What is refreshingly clear is that you can search for traders that match what you are looking for.

You can search for:

• Do they trade Stocks, Commodities, Indices or Currencies
• How active are they (% in weeks)
• How many trades have they made

You can also review:

• What their weekly drawdown is
• What percentage of profitable weeks they have had
• Their overall gain
• How many followers they have

The service is free for the copier, the traders get paid a portion of the profits they earn with your money and if you select for example to copy a trader and lay down $1,000, when they trade through the system your trades are automatically made also.  If they make 20% in a year you will also.

It is a fascinating system with clarity into the track record of the traders you copy.  Of course if they go on a losing streak so do you.  But this is truly an innovative product worth investigating further.

The Street does not provide real-time news but it does have a number of  Stock Advisory Services.  A highly popular site that is well established having been around for a long time, The Street is focused on providing premium services for investors.  For example, you can subscribe to various newsletters with celebrity advisers like Jim Cramer from the CNBC TV show Real Money.

A summary of the type of advisory services they have is below:

Action Alerts PLUS Trade alongside Jim Cramer and his team Jim Cramers Action Alert PLUS

Quant Ratings Service uses an in house algorithm to recommend stocks with a high potential of significant increase TheStreet Quant Ratings

Trifecta Stocks a system using quantitative techniques, fundamental analysis and technical analysis

Action Alerts for Options, Stocks Under $10, Dividends, and Growth Products are also options.

I have not seen to much evidence of a solid track record of winning in these products as they are not published and and also they are not recommending the exact buy or sell per minute.  However, they may spur idea generation in stocks and the surrounding strategies.  The individual advisory services are not expensive ranging from $10 to $40 per month, how beneficial they are is up to you to decide.

Seeking Alpha is a content rich opinion based website that has a wealth of information.  Articles are submitted from investors detailing their opinions regarding the valuation and future direction of stocks.  Most of the articles are very well written and contain solid and often honest analysis form the perspective of the author.  Authors are also required to disclose if they have a position in the stock they are talking about.

Bloomberg is one of the powerhouses of financial investing news services, catering primarily to Wall Street and Institutions, many of which pay a lot of money for the real-time feeds and core market intelligence the Bloomberg Terminals bring.  The Bloomberg TV stream over the Internet is a resource rich multimedia expereince and contains mostly high quality reporting.  Trading during the day, have Bloomberg TV running in the background keeping you up to date with the latest market developments.  One drawback is too many adverts, repeated over and over again, however it is still a good news service.