About
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Hi all, this site is being built for the fun of it by a couple of guys who like building websites, playing with big data, and trading the stock markets. We have no personal financial or trading qualifications. Everything on this site is just data and should not be considered as trading advice. Trends can and do indeed end.
What this site is all about though is DISCOVERY. We want to be able to quickly and easily see the best stocks that are in a nice steady upwards trend. We want to see who else owns them. Whether other stakeholders are buying or selling, and what analysts and the overall market thinks about the stock in general.
Why do we use Area Charts instead of Candles or other types of charts?
As per the goal of this site, we really care about discovery. We want to more easily show the overall trend of a stock unbiased from more micro views that different types of candles provide. Candles are great for determining entry and exit areas, but introduce noise that can take away from the bigger picture.
Our approach is that a stock’s price is a good reflection of all the essential information about the company and most importantly how investors view it. Good or bad. A steadily rising price often indicates strong financials, favorable industry positioning, leadership in the market segment, consistent demand for products or services, effective management, and most importantly the buzz or “hype” around it.
If you only looked at fundamentals and things like pure financials and PE values you would never capture consumer sentiment and their belief in how a stock will perform in the long term. Please note that all of the above is of course a generalization, but we believe it provides a more valuable starting point for further research than examining erratic or downward-trending stocks.
Stocks that have wild moves up and down often do it on hype from discoveries or break throughs or sentiment alone and often go down as quickly as they go up. We are looking for the slow and steadies. Just well run good businesses with a good product or service in a good space. Some of these can still be making great gains year on year as well.
What are the different types of filters?
Where do we get our data from?
Our data is collected from a variety of sources, but primarily through paid feeds that we get just after the markets close each day. The major exchanges update fairly quickly but smaller ones can take hours for their information to filter through. Some of the data (again for the smaller exchanges) might be outdated or incorrect but we do our best to identify and correct any errors and notify the data providers as we spot them. These providers also of course do their own quality control, but sometimes errors slip through. During the trading day we can display some “live” but in reality 15 minutes or so delayed pricing. The goal of this site again is not to trade from – but for discovery.
Do I need to create an account to use this site?
No. For now the site is open and free to use. If it became more popular and started to get hammered we might look to introduce a registration system.
What do we do with any information linked to you – eg cookies etc?
Short version is nothing. We just use cookies to save your filter selections and to track how many visitors we get to the site etc. It's all automated stuff we don't really look at.
How does this site make money?
We don't :) We genuinely did create it because we enjoy the technical challenges, trade ourselves, and like finding out what all these publicly listed companies do and which ones currently seem to be outperforming the others. Our plan is to basically cover our costs and whatever gets contributed goes back into the site.
How can you contact us?
Please don’t ask us for stock tips or trading advice. We don’t have any. It is completely up to you how you trade and how you use any data from this site or others, but we do hope you find the site useful in some way. We enjoy creating it and seeing it evolve.
Got any good ideas or feedback? Just email us on support@higherhighs.com