Markets

Know When to Fold

A new Web site will e-mail alerts when your stock hits bear country.

There's no shortage of advice on when to buy stocks, but there's precious little on when to sell. A new Web site, SmartStops.net, wants you to consider your exit strategy.

Each trading day, the site calculates suggested selling prices for more than 4,000 stocks and exchange-traded funds -- one price for investors looking ahead six months or less and another for longer-term holders. The formula adjusts for volatility; SmartStops is supposed to capture the start of a significant downward trend.

Ten years of back-tested data shows you'd have saved money bailing out of stocks when SmartStops said to. But, of course, only a track record in the real world can prove whether the timing will be spot-on.

Still, you can key in up to five stocks a day for free. If you register, you can track three stocks and get e-mail alerts if they hit the sell mark (the fee jumps to $9.95 a month and up for larger portfolios). TD Ameritrade customers get the service free and can order their holdings sold automatically if they reach the SmartStop. Partnerships with other online brokers are on the way, says SmartStops.

Most Popular

10 Facts You Must Know About Recessions
Markets

10 Facts You Must Know About Recessions

Fears of an economic downturn are once again on the rise, but what is a recession, exactly? We tackle this and other questions here.
August 7, 2022
Your Guide to Roth Conversions
Special Report
Tax Breaks

Your Guide to Roth Conversions

A Kiplinger Special Report
February 25, 2021
The 25 Cheapest U.S. Cities to Live In
places to live

The 25 Cheapest U.S. Cities to Live In

Take a look at our list of American cities with the lowest costs of living. Is one of the cheapest cities in the U.S. right for you?
August 7, 2022

Recommended

Stock Market Today (8/11/22): Disney Earnings Keep Dow Above Water
Stock Market Today

Stock Market Today (8/11/22): Disney Earnings Keep Dow Above Water

Thursday delivered another upbeat reading on inflation, which helped boost investor sentiment early on.
August 11, 2022
3 Dated Rules of Thumb Retirees Should Think Twice About
investing

3 Dated Rules of Thumb Retirees Should Think Twice About

The tried-and-true investing and saving rules of thumb retirees depend on may no longer be as reliable as they hoped. Don’t let dated “rules” steer yo…
August 11, 2022
The Good News About Recessions for Investors
investing

The Good News About Recessions for Investors

Yes, an official recession is possible, but based on previous recessions, there could be reasons for investors to smile. With that in mind, here are t…
August 11, 2022
Stock Market Today (8/10/22): Encouraging Inflation Data Sparks Stunning Stock Rally
Stock Market Today

Stock Market Today (8/10/22): Encouraging Inflation Data Sparks Stunning Stock Rally

Signs that inflation might have peaked sparked a broad-based rally in stocks on Wednesday.
August 10, 2022