Ive been subscribing to Worden telecharts for a few years now. The only thing I use it for is to sort stocks with their competitors. Its the best I have seen so far but I have not done enough research (wouldnt know where to begin. This kinda landed on my lap). Is there any website or software that will seperate stocks with their little brothers? For example Cnx Btu Aci mee Coal stocks . So I can type in CNX and have all the coal miners pop up. Worden is good, but not good enough .It sorts all the coal stocks with miners..... gold, metals etc. THANKS IN ADVANCE! I know I can count on you guys as always!
Corey, is it better than telechart for that purpose? I've been a subscriber for about a decade. Set in my ways I guess.
Hmm google is not bad. Of course its not better than telecharts, but it is free. I can def use that for quick reference. BTW does telecharts sort by correlation? I never actually tried that and dont even know if it does. But my dream software would be one that breaks down by sector, correlates, sortable by price, avg volume, etc. Any other ideas? (thanks for google idea def have that one up on one of the screens now for quick refference).
I've been a telechart user for 10 years as well and think it's awesome. The sector groupings are pretty wide, as the OP mentioned. Google lists competitors, which may narrow it down some.
you might also try finviz.com they have both sector and subsector classifications, which might be what you're looking for.
It's not exactly what you are looking for but you could use Market Topology to find the highest correlated stocks. It's free. http://market-topology.com/