Skip to main content

TradeRadar software version 3.0 - Bug Report

This past weekend, without much fanfare, I rolled out the latest version of the TradeRadar software, version 3.0.

The software now retrieves some fundamental data from Yahoo Finance to help in making your trading decisions. Yesterday, Yahoo changed something in the URL for financial data retrieval and it no longer works as it used to. This broke my various web widgets as well as TradeRadar and I have been scrambling to roll out fixes.

This post is to announce that the fix for TradeRadar version 3.0 has been deployed to the Trade Radar web site and is available for download.

If you have already downloaded the full version, you will only need to download the upgrade. Here is a link that will take you directly to the upgrade page:

Download Version 3.0 Upgrade

As an added bonus, I have added a new feature to the Dashboard screen: Cash Flow Yield. This indicator is computed by taking the most recent quarter's free cash flow (operating cash flow minus capital investments) and dividing by the market capitalization. I multiply by four to generate an annualized number. By converting cash flow to a yield (ie, a percentage) it has the same form as a per share dividend yield.

What is important about this indicator is that it tells you if a company is generating enough cash to run the business and whether any cash is left over. It is less susceptible than earnings to accounting shenanigans.

As we typically look for reversals to generate BUY signals using the TradeRadar software, we only take into account the most recent quarter. The assumption is that previous quarters were probably bad and that the most recent one might show the beginnings of a turn-around.

Note that in my rush to get the software fix rolled out I have not updated the help file yet. I will announce when the new help file is available for download.
Labels:

Comments

Post a Comment

Popular posts from this blog

Brazil - in a bubble or on a roll?

A couple of years ago, no one recognized the real estate bubble even though it was under everyone's nose. Now, analysts and bloggers are seeing bubbles everywhere they look. One of them, they say is in Brazil whose Bovespa stock market index has doubled in the last 12 months. Does the bubble accusation hold water? I don't think so and here are 7 reasons why Brazil is by no means a bubble economy: Exports have held up over the past year thanks to demand from China for Brazil's soya exports and iron ore. This was helped by the the Brazilian government's drive to improve trade links with Asia and Africa. Export diversification, spurred by a more active trade policy and increased focus on "south-south" trade under current president Lula, helped mitigate the decline in demand from OECD (Organization for Economic Co-operation and Development) countries A "sensible" economic framework has been in place since the 1990's. This has included inflation ...
4 comments
Read more

Trade Radar gets another update

Some of our data sources changed again and it impacted our ability to load fundamental/financial data. In response, we are rolling out a new version of the software: 7.1.24 The data sourcing issues are fixed and some dead links in the Chart menu were removed. So whether you are a registered user or someone engaged in the free trial, head over to our update page and download the latest version. The update page is here:   https://tradingstockalerts.com/software/downloadpatch Contact us if you have questions or identify any new issues.
Post a Comment
Read more

Time to be conservative with your 401K

Most of the posts I and other financial bloggers write are typically focused on individual stocks or ETFs and managing active portfolios. For those folks who are more conservative investors, those whose main investment vehicle is a 401K, for example, the techniques for portfolio management might be a little different. The news of stock markets falling and pundits predicting recession is disconcerting to professional investors as well as to those of us who are watching our balances in an IRA or 401K sag. What approach should the average 401K investor take? Let's assume that the investor is contributing on a regular basis to one of these retirement accounts. There are two questions that the investor needs to ask: 1. Should I stop putting the regular contribution into stocks? My feeling is that investors making regular contributions are being handed a present by the markets. Every week the market goes down, these investors are lowering their average cost. When markets reco...
7 comments
Read more