Covestor and CVIM Blog

Global Market Coverage

In our drive to support members trading around the globe we have added support for all stocks on 22 further exchanges, beyond the US and UK. This means that individuals trading locally in any of these markets are able to join Covestor and build a verified performance record, and any international trades made from US brokers in these localities will now be seamlessly integrated in your account.

A number of US brokerages, such as E*Trade, are rapidly expanding the markets open to personal investors and we want Covestor to be a global marketplace for investors to find and tap into the knowledge of their best local counterparts. We have already recieved applications from over 40 countries around the world. We now also support stocks listed in:

Amsterdam    Australia    Bombay    Brussels    Copenhagen    Frankfurt    Hong kong    Ireland    Jakarta    Korea    Lisbon    Madrid    Milan    India    New Zealand    Paris    Singapore    Stockholm    Switzerland    Toronto    Vienna    VIRT-X

Covestor on Reuters TV

Aug 21 - As many investors try to find new ways to deal with an ever-changing market, online traders move toward Web 2.0 tools like blogs and podcasts for new investment strategies....

Covestor Member Invitation to Jim Cramer

  You may have seen the cover story to this weeks Barron's entitled "Shorting Cramer" which theorizes the relative lack of success you would have had in following Cramer in his picks on Mad Money. As the article summarises:

"Our analysis of Cramer's picks over the past two years, from YourMoneyWatch.com, showed that, on average, the stocks jumped 2% the day after he mentioned them. From there, they usually moved sideways or down for the following 30 trading days (see chart). This offered an opportunity to make money -- 5% to 30% a year -- by selling Cramer's selections short."

So Jim, we at Covestor would like to invite you to come and share your personal portfolio and to prove the critics wrong. Setting up a Covestor account and sharing your real activity won't leave any doubt open about whether or not you are beating the S&P.  I know other Covestor members would love to see how they are doing alongside you, so drop us an email and let's show everyone that you are still the man. Booyah!!
 

Member Feedback - Keep It Coming...

We have had some fantastic feedback from our members, and want to take the opportunity to thank you all for all of your kind words. Please keep sending these in - the bad as well as the good - and we will shortly add your 'testimonials' to the About section on the site. These include:

"I read the article in the journal about your website and think you guys have the next myspace on your hands.  I really like what you guys have going on here….."

"I really like the service!  It's one thing when people tell you what they invest in, but it's SO much better to see it and know that it's a REAL trade with REAL money"

"Wow!  Finally someone put together a service like this!  This is a great idea and one that I have long wished for."

“I love the widgets--I wanted to add the portfolio tracker prominently to my blog... As an aside, I love your risk statistics, and am very impressed with this as a standalone portfolio performance tracker”

"so far this website is amazing! Thank you...I'm really looking forward to increasing my portfolio and using Covestor to establish a web reputation"

New Feature: Live Feed!

Today we put up the first of a number of  Community features to be introduced over the next month or so  - a 'live feed' of all activity relevant to you.

The feature appears on the 'My Summary' page, and will give you a better view of all of the activity relating to you and your track list.

Currently the feed notifies you of:

    - Trade alerts: of members you are tracking
    - Rationales posted: and comments made in response
    - Tracking updates: Members who start or stop tracking your portfolio

Keep an eye out on the blog over the next few days - we will keep you informed as we build out the community features,  and as we add to the list of elements on the feed.

Chicago Radio Appearance 08.04: Tune In

This Saturday afternoon, 08/04, Covestor CEO Rikki Tahta will be appearing on Chicago's WGN Radio show - The Money Show with Bill Moller:

Rikki will be on air at 1.30pm Central Time. Call in with questions or just listen to the show live over the internet by clicking on listen now button on The Money Show homepage