Independent back-testing proves app centerpiece – the Chaikin Power Gauge rating – has powerful predictive value for 5,000 stocks; mobile app speaks to the way the new generation of investors access and act upon information
PHILADELPHIA, March 22, 2011 — Marc Chaikin, creator of the first real-time analytics workstation for portfolio managers and stock traders, announces the launch of 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.
"Since 2008, individuals have taken a more active role in managing their investments," says Marc Chaikin, CEO of Chaikin Stock Research. "But until now, they have not had professional quality decision-making tools that are easy to understand and use. At the same time, smart mobile devices have become the preferred way for tens of millions of people to access information and consummate transactions. Chaikin Power Tools combines the convenience of mobile with the power of Wall Street quality research to give individual investors the same edge the pros have had for years. We deliver easily understood, actionable intelligence so investors can stay in touch with their investments anytime, anywhere."
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.
Chaikin Power Tools is available through the iTunes App Store(SM) for use on iPhone®, iPod touch® and iPad™. For more information, visit http://www.chaikinpowertools.com/.
About Marc Chaikin
Marc Chaikin is a recognized expert in developing computerized stock selection models for professional money managers, as well as for individual investors. He pioneered and developed the first real-time analytics workstation for portfolio managers and stock traders when he co-founded Bomar Securities in 1989. In 1992 Bomar was acquired by the Instinet subsidiary of Reuters. The proprietary Bomar analytics are now part of Thomson Reuters' institutional workstation.
Marc Chaikin also created several technical indicators whose predictive value has made them de facto standards in most technical analysis software packages. He is best known for the Chaikin Money Flow Indicator and Chaikin Persistency of Money Flow, which is the basis of Investor's Business Daily's Accumulation/Distribution (Acc/Dis™) Rating.
For more information or to sign up to receive free investment ideas and updates from Chaikin Power Tools, visit http://www.chaikinpowertools.com/.
Contact:
Jim Gorman
Kwittken & Company
646-747-7166
Email
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