May 9, 2014 in Finance (E)
[prMac.com] Cupertino, California - Superdome, LLC announced today that subscribers of its groundbreaking stocks and options picks online platform Tradespoon can download the new no-cost companion app, which empowers them to "trade smarter" from the convenience of their mobile device anytime, anywhere.
Tradespoon features daily trade picks with buy and sell recommendations from a team of financial analysts and trading industry veterans - including Vlad Karpel, formerly Head of Technology at OptionsXpress and Tim Biggam, a regular contributor to Bloomberg TV and CNBC - who base their picks on a quantitative trading system that is built on rigorous statistical analysis, in-depth algorithms, and sophisticated tools that were previously only available to institutional investors.
In addition to general stock information (e.g. 52 week high/low, last close price, estimated movement, etc.), each "daily", "elite" and "premium" Tradespoon pick is also profiled with a:
* Risk/reward rating
* Value/momentum rating
* Stock chart
* Key stock events
* Company news and commentary
* Video analysis, which is both insightful and time-saving
Users can also check out statistics on Tradespoon's pick performance. According to the most recent statistics for April 2014, daily picks achieved an average return of 30% per trade, elite picks achieved a stock and options spread return of 39%, and premium picks achieved a stock return of 14% and an options spread return of 23%. Plus, users who want even more tools, insights and resources can login into their online account at Tradespoon in order to:
* Scan for insightful trade ideas using various institutional tools
* Access proprietary stock research that is typically beyond the reach of the average trader
* Hone their skills and confidence by conducting no-risk trades through Tradespoon's innovative Virtual Trading Platform
"For the average investor, online trading is little more than a guessing game, except the financial losses are hardly a diversion - sometimes they're devastating," commented Vlad Karpel of Superdome, LLC. "And that's why we created Tradespoon, which helps investors of all experience and knowledge levels trade smarter. And now with our new app, they can access the insight and tools they need whenever they want, and wherever they are."
* iPhone, iPad, and iPod touch
* Requires iOS 5.0 or later
* 1.4 MB
Pricing and Availability:
Tradespoon 1.0 is Free and available worldwide exclusively through the App Store in the Finance category.
Based in Chicago, IL, Superdome, LLC has launched a service called Tradespoon, which seeks to close the gap between retail and institutional investors. Most of the country's 50 million retail investors are in the dark compared to institutional investors. Institutional investors use complex quantitative systems that use statistical analysis of the millions of data points that affect stock prices. These real-time predictive systems help institutional traders make well-informed trading decisions. All Material and Software (C) Copyright 2014 Superdome, LLC. All Rights Reserved. Apple, the Apple logo, iPhone, iPod and iPad are registered trademarks of Apple Inc. in the U.S. and/or other countries. Other trademarks and registered trademarks may be the property of their respective owners.