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Welcome To The Future Of Charting & Technical Analysis, Introducing Chart.ly

Posted by Timothy Sykes on Fri 24th of Apr, 2009 01:00:27 PM
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UPDATE: Both TechCrunch & Mashable have articles on chart.ly HERE and HERE

Tune into LiveStock 1-2PM EST today HERE and watch me unveil Chart.ly to the world!

Forget about good stock picks, forget about good market commentary–whatever the hell that means these days/ever–forget about branding, cutting through industry BS, testimonialed-to-death instructional DVDs, premium newsletters, forget it all…for a second…the reason I became infatuated with stock trading back in 1999 was thanks to my fascination with stock charts…

Because no matter what’s going on in the markets, no matter who says what or what company does well or not well, stock charts tell stories.

After all, the vast majority of PRs lie and mislead, ANALysts suck and well….suck, fund managers underperform, mislead, suck and market, financial commentators probly don’t even mean to mislead, they’re either really that dumb or they just don’t care…etc…etc…charts and price action never lie, they take all the hype, manipulation, valuation questions, big buy/sell orders, small buy/sell orders, media hype, message board chatter, rumors, PRs–they are the end result of all the variables out there and create distinct prices and patterns from which it’s possible to analyze and predict future movements, sometimes with relative ease.

In short, charts and chart patterns are what Wall Street boils down to.

It’s sad that the vast majority of people out there still believe chart reading, aka technical analysis, is “voo doo”, too difficult to learn, not worth their time or just plain doesn’t matter as long as they invest in solid companies (suck on 2008 you ignorant bastards!)

It’s time charts and chart patterns get the respect they deserve.

And today, it’s my great honor and privilege to announce Chart.ly, a revolutionary website that simply allows people to share stock charts on twitter.

While that description and its initial appearance may sound rather overly-simple/cute, its potential is almost limitless….especially in anti-innovation world of financial content and the ugly/weird cult of traders and technical analysts…and in the coming weeks, you’ll see exactly what I mean as we have stuff we’re working on that will blow your minds.

And when I say we, I mean the seemingly getting-better-by-the-day designer/business partner of mine Adarsh Pallian and the wonderful team at StockTwits–Howard, Phil & Soren–who have already begun putting a big ass dent in the dark ages of financial commentary.

Twitter (follow me already!) has opened up a whole new world of information that’s beautifully searchable in real-time and it’s my hope that Chart.ly will help demystify the world of chart patterns and technical analysis, which until now has been held back by the powers that be, in order to help everyone attain greater market knowledge and profits.

In short, I am extremely proud to be a part of this breakthrough product, Chart.ly.

Prepare to become addicted.

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  • Too bad $TSCM put my 9am video recommending $DDRX on the breakout at $5.50 http://bit.ly/TA3IX up at 3pm today with the stock at $7!
  • loving chart.ly

    very clean, congrats Tim & Pallian!
  • Disappointed
    Tim, this is the most ridiculous thing I've ever seen. I guess I was expecting something better than this.
  • D
    ummm... ok... what's the future have to do with this? It's an image hosting website connected to twitter!! WTF!?!
  • this is just the 1st version dumb haters, wait til u see what the future looks like...
  • bob singh
    what a dumb ass website... oh look im gonna put a chart i found on this gay ass website... how dumb
  • Mike
    twitter will be dead in a year once they realize you cant make money from it or they exploit the shit out of it with ads to make money that it gets so annoying to even use.

    I cant wait for that day to come and it will

    If twitter were public i would be shorting the shit out of it now cause it definitely has peaked.
  • twitter is just beginning, prepare to get angrier haters
  • Mike
    I dont see it - how is twitter just getting started?
  • mike, not your fault, u just have no vision!
  • Mike
    Tim I am not the only one who sees this - pretty much half the media is bias on them.

    You say things like "its only just beginning" or "this is just version 1 just wait till the future"

    But then you dont explain your vision. You cant just say its going to be awesome and then have no substance of an explaination to back it up.

    Here is why twitter will fail

    1. Its juvenile - no one gives a shit about every waking thought that pops into your brain - its a fad like so many other things - it has no staying power.
    2. It costs a shit load of money to run. Tons of servers, data, storage etc. How they gonna pay for that? What is their revenue stream at the moment - $0?
  • mike, i'll expalin my vision when we release the new features, have patience young lad...
  • Disappointed
    Mike,

    You are correct about Twitter. It's a useless tool, basically similar to creating a distribution email list. However, it's cool in the fact that it garnered so much attention. If I owned it I would sell it quick. If the founder/owners get 200 million for it, it doesn't matter how stupid the actual idea is, it was a success.

    I just heard on the news that Yahoo is shutting down GeoCities. This was a free website hosting company that Yahoo bought 10 years ago for 2 billion. Can you believe 2 billion, and now they are just closing it as it's worthless. Look at Skype. Ebay is trying to sell it at a loss, but at least it has a revenue stream.
  • Disappointed
    And Tim, how am I a hater? I don't hate you and I don't hate the chart website. I actually think it has a really good look and feel to it. I just think it's a worthless.
  • LP
    Twitter is for Twats!
  • JS
    Tim - really half-baked and needs some work. you have basically tinypic... stick with stocktwits - much more value!
  • Josef H
    I don't get the idea of Chart.ly! What's the purpose? For user to develope a chart, upload it, and let other Twitter users comment on it? Isn't that what most trading message boards do? In fact, I could comment and discuss a chart without the need to "upload" it.

    It just seems like, yet another uselss web app applied on top of another useless web app, all the while developed using an API of another useless web app. And I would agree with others on "Twitter will be dead in a year". The attention span of most are short, and Im pretty sure some kid it in his basement right now developing the "next big thing". For those who believe Twitter has more to come, either have a personal financial interest in keeping the Twitter movement alive or ignorant. I never understood the Twitter thing and I don't want to. I could care less about what a person is doing or thinking this exact moment. Pathetic really.
  • Mike
    Look at broadcast.com the startup Mark Cuban sold to Yahoo for $6 billion. What was it? It hosted video sports highlights and out of town radio stations. only a few years later it had become commoditized technology just like blogs or message boards are today.

    Mark Cuban definitely made a sweet deal yahoo got burned. If twitter has any brains they will follow Cuban's lead and day trade that twitter bitch.

    Twitter is such a fad you need to make a petrock.ly app for it then i would use it.
  • stop straining your tiny brains if u dont see what chart.ly can and will become, all will be revealed soon
  • james thompson
    im interested in chart.ly- any way i can become a bigger part of it? drop me an email @ fluffyflumpflumpland@hotmail.co.uk
  • Disappointed
    Hey, if you can successfully market this idiotic concept, that's all that matters Tim. And I'm thinking you might have a chance.
  • Mike
    James no need to invest in chart.ly just buy a file server for $500 a come up with a catch URL that ends in ly like retard.ly and presto pat yourself on the back and think you came up with the next google cause after all the whole world has been dying to tweet stock charts to each other. This is shit that starts world peace. I could see my parents tweeting me the resistance levels of dndn every hour.
  • alex
    I guess it might have some potential. But right now its just seems like you copied the stockcharts.com "voyeur" feature. Cool, but not the big deal you were pumping it up to be...Tim, you'd make a great stock promoter.
  • Josef H
    Thank Mike, I didn't know exactly how Mark Cuban worth a billion. Six Billion dollars, eh! I think Yahoo was taken for a ride. At least Yahoo has braggin rights on being the first Sports Video blog (i.e. vBlog?). I have something to sell Yahoo, if they're game. How about a site that let users posted their every thought and publish it to a website. We'll call it "Kwitter". The tag line could be be, "Kwitter is Kewl", and I'll only charge half of what Cuban was negotiating, how about $6 Billion.
  • mark
    @ dissappointed

    "This was a free website hosting company that Yahoo bought 10 years ago for 2 billion"

    yeah, but that was maybe in the heart of the tech bubble. So maybe they really would have payed $300 mil. Good point though on companies that don't have any earnings. Even betting on revenue alone has proven to be risky.
  • Mark
    Tim. be careful with that .ly domain or whatever it is. http://delicious.com had to switch theirs to a .com after trying the .us
  • Cheryl
    I don't get the "dissapointment". I love the new Chart.ly site but then I'm a chart lover. As far as Stocktwits go THANK YOU.....I've made money in a stock market full of land mines. I'm certainly doing better then my friends in mutual funds! If there must be a cost I'll decide if the price is worth it just like I would any other purchase I would make.
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Who Is Timothy Sykes And Why Should I Care?

See Tim's full bio HERE. Tim turned a few thousand dollars into a few million by taking small gains time after time on hundreds of volatile penny stocks, discovering that his trading strategy, while consistently successful, works best for those with smaller accounts.

Determined to teach others this PennyStocking trading strategy (learn more HERE), he went back to his original $12,415 roots (already $58,000+ even though the stock market has crashed) to show everyone how to turn thousands into millions, even while having a life (somewhat) and making plenty of mistakes. Currently he is the #1 ranked trader out of 25,000+ on Covestor)

How Can I Consistently Make Money In The Stock Market?

Hard work, Determination and Know How.

Hard work to learn how the greatly misunderstood niche of penny stocks provides opportunities every now and then on which you should pounce.

Determination to seek those probable profits out and know how in order to actually profit from them.

Long story short, wait for stocks that are extremely volatile - for whatever reason - and then aim to take small profits (between 10 and 50% within a few hours, days or weeks) here and there, either from betting on higher or lower prices (yes, you can make $ betting on lower prices, it's called Shortstocking (learn more HERE).

Why Penny Stocks?

As Tim explains in several ALL-NEW instructional DVDs (see them HERE) and in over 2000+ blog posts, penny stocks are the most hyped and corrupt niche in the entire investment world. These two qualities make them the easiest to profit from (legally) because the vast majority of people who play penny stocks are suckers and all-around ignorant people. If you have any intelligence whatsoever, you have a clear advantage and it's like playing basketball against mental midgets.

Where Do You Find Stocks To Trade?

This is the #1 FAQ (see more HERE) and it is answered in THIS instructional DVD.

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To truly increase your odds at profit, Tim has designed an entire set of detailed instructional DVDs, covering all the variables that amount to over 24 hours of instruction (see them all HERE)!

TIM Trades

View All
Date Stock Buy Sell Net
Nov 19 AENY $2.80 $3.02 $1148
Nov 18 NLST $4.16 $4.40 $947
Nov 18 IMGG $1.42 $1.64 $2094
Nov 17 NLST $5.04 $5.59 $2195
Nov 13 VRMLQ $21.50 $22.97 $2901
Nov 11 EONC $2.61 $2.80 $687
Nov 10 EONC $2.74 $3.36 $9784
Nov 6 QXM $4.31 $4.80 $1936
Nov 4 COT $8.66 $8.88 $642
Nov 4 QXM $4.61 $4.89 $822
Oct 30 DDRX $25.70 $26.53 $812
Oct 29 CTDC $4.00 $4.42 $781
Oct 26 AWSL $3.24 $4.10 $2516
Oct 23 RODM $5.27 $5.23 $301
Oct 22 AMLM $2.69 $2.97 $820
Oct 22 USEG $6.12 $6.09 $85
Oct 20 CBOU $8.93 $9.06 $243
Oct 16 VRMLQ $16.79 $18.65 $2773
Oct 13 YONG $11.05 $11.66 $1202
Oct 13 NPHC $0.59 $0.71 $583
Oct 12 IMGG $0.60 $0.70 $682
Oct 9 ZAGG $5.50 $6.10 $2380
Oct 7 GVBP $0.03 $0.27 $702
Oct 1 NPHC $0.70 $0.85 $1482

Total: $98,094 (681%)