Featured onDecember 23rd, 2023
Want to know why your stock's price fell today? Just check the fnchart! We built fnchart to answer the question "what happened?" We do this by aggregating financial news, adding user generated discussion and voting, and map it onto a stock chart.
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Product of the Day6th
We are a team of 5 (4 coders and 1 graphics designer). This has been an absolute labour of love for all of us on the project. We have always believed that most people completely miss the context behind movement of stock prices. We wanted to build this platform to not only put stock price movement in context, but also to provide far richer depth of information. Most importantly we wanted to allow all of us to interact together and add further context to articles in the media. Our inspiration was when we would browse reddit and come across a sensationalized news article. We would then read the comments on reddit and often find an actual expert in the field that provides amazing context, and creates an amazing learning opportunity--something the news article completely failed at doing. We want to bring this experience to the specific focus of financial news. We also hope that financial journalists take advantage of our platform to discover story ideas, and to be able to use our direct messaging to reach out to experts directly, to get further details on a possible lead. In the future we will also allow users to see levels of engagement on various posts, so a journalist can get a sense of how popular a topic is before committing to write a full story on it. fnchart is basically: Stock Chart + Reddit == facts + context. We then build on top of that a whole new way to navigate historical posts, so that you can actually look and interact with a stock chart by pulling up news & discussion from any time in the history of the stock. Use-case Scenario: You're interested in stock AAA, but you notice on the chart that it fell 30% 2 years ago, and hasn't begun recovering yet. But today you read that they are embarking on a big turn around plan. So you click on the time period on the chart 2 years ago to find out what the cause of the drop was. You find out it was a critical supplier that went bankrupt, and they have only now found a replacement. Now you can decide whether to buy their stock or not, and you are informed about the context.
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Wow, fchart sounds like an incredible tool for tracking stock prices and understanding the reasons behind price fluctuations. I'm really intrigued by the idea of aggregating financial news, user discussions, and voting to provide a comprehensive view on the stock market. I have a few questions for you: 1. How do you ensure the accuracy and reliability of the financial news sources that you aggregate? 2. Can users customize the types of news sources they want to see or filter out certain sources? 3. Are there any plans to integrate real-time data or live market updates into fchart? I think this product could be incredibly valuable for both beginner and experienced investors. Have you considered partnering with financial experts or analysts to provide additional insights or analysis on specific stocks or market trends? It could be a great way to differentiate fchart from other stock tracking tools. Overall, I'm really excited to try out fchart and see how it can enhance my understanding of the stock market. Keep up the great work!
Can you tell me how would you differntiate from Stockwits? They are long established, have thousands of users and it feels pretty much the same at first glance.
I’m not sure how you can scale this, that would be a pretty interesting thing to know more about. But congratulations on the launch, and it sounds like a pretty interesting idea 💡
I also just launched today so congrats to us both. fnchart looks great. I can see when this is very polished it will also help identify areas of strange market behaviour. Awesome idea.