TELEMET ORION. Real-time and Historic Market Data, Charts, News, Research and Portfolio Analysis. Volume I. Market Data, Charts & News

Transcription

1 TELEMET ORION Real-time and Historic Market Data, Charts, News, Research and Portfolio Analysis Volume I Market Data, Charts & News Information Booklet V8.0 By Telemet America, Inc. 325 First Street Alexandria, VA (703) Partners with professional investors for more than a quarter century

2 Forward Telemet offers real-time and historic market data, charts, news, research and portfolio management software and services. This is the first of Telemet's three volume Information Booklet. Volume I covers the real-time and historic data, charts and news. Volume II covers the extensive research functions available. Volume III covers the Portfolio Management functions such as Contribution, Attribution and Performance. In addition, Telemet offers Information Booklets on Workspaces (screen layouts), the Report Writer (Telemet's professional report engine), Teleport (our information redistribution service) and TeleFlash (your analyst's publishing kit). Welcome to Volume I! I - ii

3 Volume I - Table of Contents Selecting Displays Quick Start p. I.1 Workspaces p. I.1 Selecting Workspaces p. I.1 Creating Workspaces p. I.2 Market Data p. I.3 Market Summary Pages p. I.3 Custom Pages Overview p. I.4 Custom Pages Adding a ticker p. I.5 Custom Pages Industries & Sectors p. I.6 Custom Pages Group Totals p. I.6 Custom Pages Adding Data Columns p. I.7 Custom Pages Creating Formulas p. I.7 Custom Pages Editing Formulas p. I.8 Custom Pages Adding Proprietary Data p. I.9 Custom Pages Sorting p. I.9 Custom Pages Adding portfolios p. I.10 Custom Pages Printing p. I.14 Custom Pages Handy features p. I.16 Alerts p. I.16 Drill down p. I.17 Hot keys p. I.18 Charts and news links p. I.18 Cycle view p. I.20 Copy to spreadsheet p. I.20 Export to file p. I.20 Import ticker list p. I.22 Snap Quote p. I.22 Snap Analytics p. I.23 Time and Sales p. I.24 The Ticker Tape p. I.25 NASDAQ Level II p. I.26 A Trader s Workspace p. I.27 Options Montage & Analytics p. I.28 Charts p. I.30 Bar, Point & Figure and Candlesticks p. I.31 Zooming In and Out p. I.32 Daily, Weekly or Monthly prices p. I.32 Total Return Charts p. I.33 Overlay Technical Indicators p. I.34 Trendlines (regression, price to price) p. I.35 Overlay an index p. I.36 Overlay a stock p. I.37 Overlay sales, income, p/e, dividends p. I.38 Insider trading and splits p. I.39 Price and Performance Calculator p. I.39 Download price & volume data p. I.40 I - iii

4 Add text p. I.40 Change colors p. I.41 Printing charts p. I.41 Scheduling auto printing p. I.42 Intraday charts p. I.42 Supply-demand charts p. I.43 News p. I.44 Checking the Dow Jones Broadtape p. I.44 NEWS Page Overview p. I.45 Snap NEWS p. I.45 Pop-Up Alerts on NEWS p. I.46 NEWS Filters on Key Words p. I.47 NEWS Filters Words, companies... p. I.48 Data Export to Spreadsheets p. I.50 Export data from a custom page p. I.50 Export data fields using Ticker List p. I.51 Smart Paste p. I.53 Sensiticker p. I.54 Fixed Income p. I.55 Government, BA, CD & LIBOR p. I.55 Off the run Services p. I.56 Composite Yields p. I.57 Descriptive Information p. I.58 When All Else Fails - Help! p. I.60 Futures p. I.61 Index p. I.65 I - iv

5 Selecting Displays Quick Start Displays are the term for custom price pages, charts, news, research and portfolio management. See any display using the Display menu. This menu is in the upper left corner. Select a display menu item and it shows a window for that item. Click on Display" to see a list of all possible selections. Charts, custom price pages, research, etc. Point and click at the display desired. Workspaces A Workspace is comprised of several windows laid out together on a PC screen. Several Workspaces were created and are included on the Telemet platform. Tabs on the left of the screen lists folders. In each folder are several workspaces. You can create your own workspaces or use those bundled with Telemet. Selecting Workspaces Notice Folders at the left side of the screen. Folders are organized into subjects, eg. Equity Research, the Economy, Trading, Portfolio Management, Market Overview. Each Folder contains workspaces on that subject. Select a Folder by clicking on the "+" next to it. See contents of the Folder; each is a different Workspace. A workspace is a prearranged group of windows Click on any "+" to see workspaces in any subject area. Subject areas include: Market Overview, News, Futures and Commodities, Trading, Portfolio Management, Equity Research and the Economy. I - 1

6 New Workspaces Start with a default workspace (one that opens when Telemet starts). Here is an example that creates a new workspace (call it My New Space ) with the Dow Jones news replaced by the Advance/Decline Chart. First change the Dow Jones window (at lower right) to an Advance Decline Chart window. To do this, pull down the menu Display on the News Window. Select Menu item Display / Charts / Advance Decline. Now save the new Workspace, select menu item Display / Workspace / Save As... type in My New Space and press the ENTER key. Start with a default workspace. Select the menu Display / Charts / Advance - Decline Save the new Workspace by selecting Display / Workspace / Save As... then type the name for workspace, "MyNewWorkspace" Observe the new workspace in the folder area on the left side of the PC screen. Now drag (point and hold down the mouse button) the Workspace to place it in the folder of your choice. I - 2

7 Market Data The bell has rung and trading has begun. By mid morning calls arrive from clients inquiring about the market. Market Summary Pages Telemet s Market Summary Pages show overall market activity at-a-glance and industry movers. Select Display / Markets / NYSE Tabs for Exchanges and Most Up, Most Down, Most Active. Double click on N to see the news, on the Last to see an historic price chart and Net to see an intraday price chart. Up stocks are shown in green, while down are shown in red and activity is a yellow highlight block. The upper right quadrant of this page is customizable. Associate double-click actions with certain columns or change the columns altogether! Move among the different Markets by using the up ( ) and down ( ) arrow keys or point and click on the separate tabs. Move among the Most % Up, Most % Down and Most Active tabs by using the right ( ) and left ( ) arrow keys or point and click on the separate tabs. See indices, financial, and commodities prices from any Market Summary Pages (NYSE, AMEX, and NASDAQ). Industry Performance See the industry movers at a glance. Select Display / Markets / Industry Performance. See a screen like the one below. It shows the top performing industries and the worst performing industries. The screen shows the net percent for the day, week to date, month to date, quarter to date and year to date. Sort the day, week, month, quarter or year by these tools. Drill down to the components of each industry by clicking on the + box. I - 3

8 Custom Page Overview Perhaps the client needs a rundown of holdings. A custom page is just for this. Create a ticker list for a client (the client holdings and cost basis may also be added). Once the list is created, it is reviewed with the click of a mouse. Create a New Ticker List ❶ Choose Tools / List / New / Create from the menu options. This launches the Symbol List New screen similar to the one below. ❷ Type Portfolio Bulle s List in the Name: field to give this list a unique title. Type in the name of the list Click on the Symbol List Tab ❸ Click on the Symbol List tab at the top. See a screen like the one below: Enter the symbols and press ENTER or Insert. Place the cursor in the Symbol field and type in a ticker such as MSFT. Either press the Enter key after each symbol or click on the Insert button. Enter Mr. Bulle s ticker symbols of C, T, X, INTC and MSFT. Insert symbol types (Stocks, Options, Futures, Bonds or Indices) as necessary to combine indices, and other instruments on the list. Certain exchange choices are available: U.S. Composite, NASDAQ, New York (this is the New York quote not the Composite) and the Canadian Composite. An unlimited number of tickers can be put on the list. ❹ If necessary, enter Group headers to divide the list into subsets. Type in a Group Heading at the top of the Symbol List screen then press INSERT. Manipulate the tickers or group header position with the Move Up or Move Down buttons. Highlight the ticker or group header then press Move Up or Move Down. I - 4

9 ❺ Add shares and cost basis by clicking on the tab "Field values" and entering data. When done click on the OK button. Now select Display / Pages / Basic Price Page. Use the left and right arrow keys to find the list entered above. Lists are presented alphabetically. The title of the list is displayed at the top of the custom price page. View the list in any custom price page without using the left and right arrow keys. Choose Options / List / Select Select the list and press OK or type the [ENTER] key. Display / Pages / Basic Price Page selects a custom price page. The scroll bar at bottom moves among lists or use > keys. A New Ticker list in a Custom Page Custom Pages Adding a ticker ❶ Display any Custom Price page. Left click on the symbol then Right click on the same ticker symbol. Select Insert, type in the symbol and press ENTER. Left click on the symbol then Right click on the symbol, select Insert Ticker Type in the symbol, press ENTER I - 5

10 Custom Pages - Industries and Sectors Create groups of tickers by sectors, industries or both for any list. Select Options / Group / by Industry to see the ticker list grouped by industry. Select Options / Group / by Sector to see the ticker list grouped by sectors. Select Options / Group / by Sector & Industry to see the ticker list grouped by sector then industry. To save any grouping just select Display / Save. Select Options / Group / by Sector to see the ticker list grouped by sectors. Use the [ ] to collapse the group, press on the [ ] Select Display / Save to save this page. Custom Page Group Totals, Averages and Weighted Averages For totals on any group use Options / Group Totals. Define the totals to show in each group. Double click on the column where the total is to be shown. See a screen like that shown at right. Select Total/average Function Select the Group function desired Sum, average...etc To create properly weighted totals/averages (for yield, p/e etc) Total/average functions can be weighted by market cap, by shares held or can be simple sums, averages, maximum or minimum. Thus, a page can show the effective yield, average p/e and dividend income from a portfolio segregated by industry or sector. I - 6

11 Custom Page Columns Adding Data Columns ❶ Display any Custom Price page. Double click on a column header. (or select menu Options / Columns ) Press the Set Columns button. See a list of columns (data fields) to choose in the folders. There are over 500 data columns to choose from. Columns can also be created that are mathematical combinations of these data fields. Open up the Income folder and select a data column by clicking on the box to the left of the text. The new data column appears in the Custom Price page as the right-most column. Move the column s position with the up or down arrow buttons at the bottom right. Click on the OK button. See a new column populated with data. Double click on a column Click on set columns Click on a folder in the list box and mark any new data column See the column name here, and use ^ & v buttons to move it to a desired place. Custom Page Columns Creating formula columns Suppose the data field is not listed in any of the folders, but is a mathematical combination of other fields or sums of other fields. Create formula columns to present these data on the custom page. The folder labeled User Formula creates new formula columns. Click on User Formula. Select New. Click on Set Columns Click on the User Formula folder then select New. I - 7

12 Give the formula a name and a Heading for the custom page Click on Insert Select the Data Field for this stock, index, etc or select another User Formula (previously defined User Formula), or select a Global Value (a data field from another stock, index, etc), or select a total (such as sum, average, weighted average,etc on the field) or a total on Another Formula (such as sum, average, weighted average, etc). Continue selecting fields using Insert and then entering arithmetic operators such as +, -, * or / to create the desired formula. Suppose the formula created must be changed. Custom Pages - Editing Formula Columns Select the menu item Tools / User Formula / Edit... Select Tools / User Formula / Edit and then Select the formula that is to be edited. I - 8

13 The folder labeled User Formula creates new formula columns. Modify the formula as needed then click OK Any User Formula may be deleted by selecting the menu Tools / User Formula / Delete... and then clicking on the name of the user formula that is to be deleted. You can also delete and edit User formulas by right clicking on the formula when viewing the User formula folder on the Set Columns window. Custom Page Columns Proprietary data from other sources. Any data from another source may be imported into Telemet and seen on custom pages. imported manually or a batch process may be set up to import the data on a regular basis. These data may be Data imported may come from other databases such as an internal research database or a third party research system. In this way, data may be shared among many users transparently, economically and with little effort. The process requires that the data to be imported be located in a CSV (comma separated variable) file on a network drive that Telemet can access. This is transparent if the internal research database or the third party research system has a batch export function. Once the data are in this network file, set up the Telemet import process either manually or automatically using Telemet s Data Research Import functions. Sorting Data Columns on a Custom Page The most up, most percent up, highest impact, highest yield, p/e sorts are popular. The most percent up and most impact sorts help manage a portfolio by exception see which are the biggest gainers and biggest losers. Sorting a custom page - Let s sort a list in the Basic Price Page according to net percent change for the day. Just right click on a column header to sort on that column. Right click a second time to sort in the opposite order. ❶ Locate the column header Net% in the Basic Price page. Place your cursor on the column header like the image below. ❷ Right click on the column header and the page is now sorted by Net%. I - 9

14 Right click on the column to sort by that column. Right click again to reverse the sort. Select other sorts with the menu Options / Sort / Select. A list box appears with other sorts. also be created using the menu Tools / Sort / New. Custom sorts may Custom Pages - Adding Ticker lists and Portfolio Positions Enter ticker lists and portfolio data (shares held and cost basis included) on a custom page in any of five ways. 1. If you have Advent Axys you may use Telemet's 'TeleVista' to import ticker lists, any shares held and their cost basis right from the Advent Axys *.cli files. 2. If you have Advent Axys you may also use menu item Tools/Import/PM Account/Axys3. Accounts may be seen as custom page ticker lists or "PM Accounts". 3. For text files, you may use the Central list or 'Shared files directory' to hold ticker lists and portfolio data - these data are automatically visible on Telemet custom pages. 4. If you have a text file, you may also import this file using the menu item Tools/Import/List/From Txt/CSV file 5. If you do not have established links or a file with ticker lists and/or portfolio data, manually enter these data one ticker at a time (see 'Creating a New Ticker List in a previous Section) and use the tab key 'Field Values' to enter shares and cost basis. 1. Importing from Advent Axys3 using TeleVista (See the TeleVista Information Booklet). 2. Importing from Advent Axys3 using Telemet Orion. From any Telemet Window, select the menu item Tools/Import/PM Account/Axys3 See a screen like that shown at right. Click on Open Portfolio or Open Group to see a screen and select the.cli file to import. After selecting the portfolio, click on Import into Telemet. A log file shows the progress. The PM account is now in Telemet as listed on the right side of the screen I - 10

15 Once the PM Account is in Telemet, use the Portfolio Management functions described in Volume III of this Booklet. To create a ticker list,, use the menu item Tools/Import/From PM Account. Select the account by clicking on it. 3. Importing with 'Shared files directory' - Automatic Ticker list updates This powerful method of importing ticker lists and portfolios lets many subscribers see ticker lists (such as a focus, working lists or a set of portfolios) at any time and have them update whenever there is a change. Typically a shared file directory is set up by the system administrator as a directory on a network drive. The files on this shared network drive contain working lists or portfolios and are structured as comma separated variable (CSV) files. Once the files are setup, the ticker list and any positions and cost basis are automatically converted to ticker lists and are instantly seen as Telemet custom pages. If the common files are changed or re-written overnight, the updated ticker lists and custom pages will appear on each subscribers' desktop the next day. No subscriber intervention is necessary. Specify the Central File Location Specify the Central File Location by selecting the menu item Tools/Defaults/. Then select the tab 'File Loc'. See a screen shown: Select 'Tools / Defaults. Press the Tab "File Loc" to define the central locations for files. In the Central Location Area on this tab, select CSV to lists and browse and click on the network drive where the csv files will be. When a properly formatted CSV file is copied into the../telemet/csv_to_lists folder on a network drive or even on the local drive, it automatically creates a ticker list within Telemet Orion. Furthermore Telemet need not be restarted. The resulting ticker list has the name of the CSV file. The same columns selections and features available on any ticker list, can be used on this list, examples are - group headings, and column selections such as p/e, momentum etc. Properly formated CSV files: what the file should look like CSV stands for Comma Separated Value and is the file extension for a file that has lines of text consisting of values (or columns ) separated by commas (an example is at the end of this Section). Microsoft Excel is a common I - 11

16 application that produces CSV files but any text editor can create such files and many portfolio accounting systems can create them as exports as well. CSV file Format: 1) The file name can be any name but must have a.csv extension. The resulting Ticker List will have the same name as the CSV file, eg. "Focuslist.csv". 2) The column separator in the file s text strings may be any one of the following: a comma, one single space, a tab, or a semicolon. 3) The first line (row) in the CSV file must be the header row. 4) The header row may contain anything, but only columns with specific names are recognized by Telemet. 5) The column order is not important. 6) Telemet recognizes these column headers in the header row: Symbol, Type, Exchange, Basis, Shares, Date, Commission, Document and Note. 7) The specific column headers (upper, lower case and variants) are: Symbol you may use: Symbol, SYMBOL, symbol, Issue, ISSUE, issue, Ticker, TICKER, ticker, Name, NAME, name Type you may use Type, TYPE, type Exchange you may use Exchange, EXCHANGE, exchange Basis you may use Cost, COST, cost, Basis, BASIS, basis, Value, VALUE, value Shares you may use Shares, SHARES, shares Date you may use in the header Date, DATE, date. [The actual dates in the rows should have the format mm/dd/yy.] Commission you may use Commission, COMMISSION, commission Document - you may use Document, DOCUMENT, document (Please note that documents must be entered in the form of a file name. Example: test.doc) Note - you may use Note, NOTE, note 8) Group Headings are created within the csv file by entering a line (row) beginning with ##. Example: ##Focus Stocks (This creates a group within the list with the group header Focus Stocks ). I - 12

17 9) If a list contains different types of tickers (for example stocks and indices) the Type column must be included and it must be populated for every ticker with the abbreviation of the appropriate type of ticker. Ticker type abbreviations are: S = Stock (commons, ETFs, closed end funds, warrants and preferred equities) I = Index (indices, mutual funds) B = Bond (treasuries, corporates) F = Future (commodities and futures) O = Option (equity and index options) Here is an example of a simple file using commas as the column separator: Header row Tickers, shares, cost basis Group Header example More tickers, shares, cost basis Ticker,Shares,Basis T,2000,12 IBM,10000,84.65 ORCL,7500,13.22 ##Focus Stocks YHOO,650,31.74 KO,3750, Import ticker lists from accounting systems and CSV files If the accounting system does not automatically link to Telemet and CSV files cannot be put in a special subdirectory (either manually or automatically - such as described in item 3 of this section), a simple way to import a ticker list, is to manually import a CSV file. Start with a text, CSV file such as that shown here. Select: Tools / List / New / Import / From Txt/CSV File. Identify the import file name. See a screen like that shown at right. Pull down the column header to identify the symbol, basis (if any) and shares (if any) for the file. Click on 'OK' when done. See this text ticker list as a list within Telemet. 5. Manually entering tickers - See the Section "Creating a New Ticker List" previously. I - 13

18 Custom Page Printing & Printing Features Print any custom page by selecting menu Display / Print. ❶ Bring up a Custom Price page and click on the Print tool price page prints. or choose menu Display / Print The custom ❷ Many print configurations with different titles, layouts, and logo support are set up with the Print Setup. Choose menu Display / Print Setup. Save the settings under a name then use the Save button. Settings named can be recalled conveniently. Like any windows printing, preview by using the Preview button. The same print settings apply to all Telemet windows. Use this tab to put up a header and footer on the printout. Use this tab to put a Logo on the printout. Preview what is to print Save the printer settings Batch Printing Historic and Intraday Charts Batch Printing Historic and Intraday Charts for all the tickers on a custom page is simple. Select Display / Cycle Print. / Charts then select either Intraday or Historic. Charts for all the tickers will print. Batch Printing One-Page Reports, Dividends, Sales & Split data Batch Printing one-page reports, or historic dividend, sales and split data for all the tickers on a custom page is also simple. Select Display / Cycle Print. / Reports then select the appropriate report. Data for all the tickers will print. Batch Scheduler to Print Charts and other items from a Custom Page ticker list A batch scheduler makes background printing easy. Menu item Tools / Batch / Print sets up the time and day for printing. Print overnight so that the custom pages, charts and other reports are ready in the morning. The printer will not be tied up and you will have a custom set of figures to review each morning, each week whenever you want them. I - 14

19 To set up batch printing from a custom page: Select menu Tools / Batch / Print Setup see this window Select the ticker list(s) for batch print pull down the menu, click on the list and press Add Select the item(s) to print Select the batch time and days of the week Click on OK when done Now turn on batch printing:. Select Tools / Batch / Print Note the check box beside Print indicates that batch print is active. I - 15

20 Custom Pages & Alerts Handy Features Price Limit Alerts When a stock hits a predefined limit, you immediately know it. Get limits on new highs, lows, percent changes, etc. See Research (Volume II) - the Section called 'Technical Analysis' for a discussion of price limit alerts and their use. Alert Flags Alert flags show up on custom pages and are handy timesavers. Alert flags immediately show: 1. When there is news (Dow Jones, PR News or First Call) on a ticker, so you can drill down and see the news. 2. Before a stock goes x-dividend (to be sure to capture the dividend) so you don't sell before getting it. 3. When a corporate action occurs (spin offs, name changes, dividend announcements), so you see what happened. 4. When an SEC filing (10K, 10Q) occurs, so you don't have to go to the SEC website to see if there are filings. 5. When a split is announced, to be sure to get any possible 'advance' when the split occurs. An alert flag on the custom page permits quick and easy drill down to see more information the news story, the dividend announcement, the other corporate action or the 10K or 10Q Edgar filing. All alerts are listed in the columns folder under alerts. To add an alert to any custom page, simply select menu Options / Columns from that custom page. Select menu Options / Columns. Select the folder Alerts in columns. In this folder, select the desired alert(s) for custom page. See the selected column here. Order them with the ^ v arrows. In this example, the news alert, news count, and dividend alert have been added to the page Double click on the N alert, the numbers shown, or the Y alert brings up the news and/or dividend details. I - 16

21 Drill down - double click for fast access to more information. Snap quotes, time & sales, charts, research and news are linked to the Custom Pages. Drill down (with a double click) gets a host of other data or a chart, news story, etc. Each column has its own double click action. Setting up drill down access is quick and easy. On a custom page, double click on a column heading. Double click on a column heading and see this window Select Double Click Action See a list of actions, select one and press OK Most double click actions are self explanatory. Time and Sale launches a time & sale window for the ticker, etc. The double click action labeled Action List displays a full list of all the data that is accessible for that ticker. The double click action labeled launch document displays a document attached to the ticker. Thus on a file server the analyst has placed a document ibm.doc, double clicking will bring up the document. Below is the example of a double click to show the Action list set up on the last sale column. Double click on a ticker last price See the Action List, point and click to see more for this ticker, for example, a Snap Report I - 17

22 Hot Keys Pressing Function Keys is a fast way to Snap Quotes, Snap News, Intraday charts, Historic charts, Supply & Demand charts, Time & Sale information, Snap Reports and NASDAQ Level II screens. Single-click on a ticker in a Custom Price page to identify a ticker. Then use the Function Keys to see a snap quote, etc.. Here is a list of Function Keys:. F1 F3 F4 F5 F6 F7 F8 F9 F10 F11 F12 HELP function Removes menu listings them title bar Minimizes window size, then to the system taskbar Snap Quote with pricing information Snap NEWS on a particular company Intraday Charts Historical Charts Supply and Demand Charts Time & Sale Data with Block Filter Snap Report with peer group listing NASDAQ Level II page (for NASDAQ stocks only) Chart and News Links to Custom Pages Looking at charts & news for all tickers on a custom page is simple with Sync ; a quick way to view charts and news from a custom page. As the ticker list is scrolled, a chart and news for that ticker pops up. A workspace has been installed to show this. The Sync workspace. Open the workspace labeled Sync. Select the tab so labeled. Select the Tab Sync Click once on any ticker Use the arrow keys to move up and down on the ticker list, or just click on any ticker The chart and news windows instantly display the intraday chart and news for that ticker. I - 18

23 Suppose instead of an intraday chart at top left of the workspace, an historic chart is desired. Go to the top left window. Select the intraday chart menu Display / Charts / Historic / Snap. Enter a ticker. See the historic chart for this ticker at the top left. Then using the pull down menu at top of this window, select Window /Add to Sync Group. This syncs the chart to the ticker list. Select Window / Add to sync Group Select Display / Workspace / Save. Click once on any ticker, and see the historic chart, news for that ticker. I - 19

24 Cycle View To review all the charts on a custom page, one chart after another, use Cycle View. From any custom price window simply select Display / Cycle View /... Then select either Historical or Intraday to see the respective charts come onto the screen one by one. You may stop any viewing cycle, by pressing [ESC] key. You may pause on any chart by pressing the [Pause] key and resume any viewing cycle by pressing the [Space Bar]. Select Display / Cycle View /... to see the page s charts one after another. Use [ESC] key to stop the auto view cycle. Use [Pause] key to stop (pause) on any chart. Use [Space Bar] to resume after pause the auto view. Copy a whole Custom Page into a spreadsheet. See Research page 78. Link Ticker List or any Telemet data columns to a spreadsheet. See Research page 79. Export a ticker list and data fields to a file. Exporting the custom page data to a spreadsheet can be accomplished using Copy entire page (see above) or by exporting the data into a file. Sometimes these data are more conveniently accessible (for other software) if they are in file format. Here is how to export the data to a file. The file output is fixed column format (ie. The data fields appear in columns of equal spacing. Start a custom page. Select menu Display / Export /. See a window like that shown on the next page: I - 20

25 If fractional data is included, it is converted to decimal if this box is checked. Numbers over 1,000, such as share data, are more readable if commas are inserted. After click on OK, a box appears to give the file a name and a file location. Fill in the name, file location and press OK. I - 21

26 Snap Quote ❶ To see a Snap Quote, click on the Snap Quote tool. Type in the symbol for a stock option, fund, future or index. If you enter an index or fund type the symbol then press the Tab key once then I and press ENTER. For a quote on a future or bond, just type the symbol then press the Tab key once then F or B respectively then press ENTER. ❷ A Scrolling Block Tape can be displayed at the bottom of the Snap Quote. Select Options / Tape / Display. Adjust the Block Size of the trades displayed in the Scrolling Block Tape by selecting Options / Tape / Block size. The Snap Quote Tool Select Options / Tape / Display Drill down to details on dividends, sales, earnings, trades or news by double clicking on that item! Scrolling Tape appears here Press the F5 Key from any Telemet window to get a Snap Quote window. To get a quote on another ticker, simply type in the ticker and press Enter. The Snap Quote updates with each tick. Below the trading data see the company name, CUSIP, P/E Ratio, the High, Low, Net Change, dividend, sales, earnings, institutional ownership and other historic price data. ❸ If all the fundamental data is not necessary on the snap quote, choose Options / Stock - Short View or Tiny View to see a Snap Quote Short View or Tiny View, shown below respectively. I - 22

27 The Short view Snap quote. The Tiny view Snap quote. Snap Analytics ❶ Snap Analytics is a trader s tool. To see Snap Analytics, click on the Snap Analytics tool symbol and press ENTER. Alternatively select the menu Display / Snap Analytics.. Type in the Snap Analytics shows a variety of technical trading data: block trade volume and number of trades, average price, best market maker bids and offers, relative strength, web address and other data. Double clicking on the web address brings up the company website. Select Display / Snap Analytics to see the trading analytics on a security. Double clicking on news drills down to the news Double clicking on the web address brings up the company s web site. Block trading data are shown on the right of the window, and relative strength is at the bottom left. The bbo and market makers are shown at the top right I - 23

28 Time & Sales Click on the Trader s View Tab to see a typical trader s display. The Trader s View Workspace displays a Snap Quote, Snap News window, Intraday chart, Supply and Demand chart and a Time & Sale window. They all are synched -- type a symbol in one window, the symbol for all the other windows changes too. Click on the Trader s View Tab to display trade windows. Time & Sale may also be seen simply by selecting Display / Time & Sale. Alternatively point and click on the Time & Sale tool. To get Time & Sale on another ticker, simply type in the ticker and press ENTER. To see Time & Quote (every bid ask size change) press the tool Q or select Options / Time & Quote Select the date for these data Select trade size filter if needed Start VWAP computation times Select the Q toolbar item for the Time & Quote data. See each trade, the market origin, price, bids, offers, money flow and volume weighted average price. I - 24

29 View Tape Display the ticker tape on the PC and watch a list of symbols trade throughout the day. To see a ticker tape select use the View Tape Tab on the left of the screen. ❶ Choose Display / View Tape. See a Scrolling Block Tape. It displays all block trades for a Ticker List. ❷ Switch Lists in the View Tape display by clicking on the Next Ticker List or the Previous Ticker List tools. Or click on the tool move to a particular list. ❸ See trades of only a certain size or greater with the block filter. To create a block size filter click on the tool or choose Options / Block size from the menu. Enter the block size. The Scrolling Block Tape then displays only trades of that block size or greater. ❹ Click on the tool or choose Options / Edit Ticker s Set to edit the ticker symbols displayed in the View Tape display. Once the Ticker Set is edited, the View Tape displays trades from the new edited ticker list. Using Options / Edit Ticker s Set to edit a list displayed in View Tape display does not globally edit a ticker list. I - 25

30 NASDAQ Level II NASDAQ Level II shows dynamic, real-time, updates of the bids, asks, and sizes for each Market Maker and ECNs for any NASDAQ stock. ❶ Click on the NASDAQ Level II tool from any Telemet Orion display or choose Display / Market Maker from any window. Type in the symbol and press ENTER. Alternatively press the F12 key. The best bids vs. the best asks sorted by price, then by size, then by market maker The bars shows the depth of bid or asked at each price. ❷ To see NASDAQ Level II on another symbol, type in the symbol and press ENTER. Sometimes highlighting a particular market maker is important for trading. To highlight a market maker...select Options / Highlight MM and enter the market maker s identifier. Select Options / Highlight MM Type in the Market Maker ID Press Insert I - 26

31 A Trader s Workspace Telemet has tightly combined the snap quote, time & sale, news and two charts. A workspace has been installed to create this. It is the Trader s View workspace. Open the workspace labeled Trader s View. Select the tab so labeled. Press on the tab, Trader s View See a workspace with a snap quote at top, news in middle, time & sales below and two charts at right. All the windows are linked together. Just type in a ticker and all windows show new data. Trader s View links the different windows. If you type in a ticker on one window, all the windows change to display that ticker s information. So type in the ticker GM in the news window, and the time & sale, the two charts and the snap quote all show GM data. It is fast and simple to see time & sales, charts, news and a price quote for any ticker. The charts show volume at each traded price and an intra-day price history. More information on the Intra-day price history and Supply-Demand charts shown in the Trader View workspace is presented on page 43 and 44. I - 27

32 Options Montage Pages Options Montage Options Montage shows the Options market for a stock or index and a variety of buy-side and trader data. select the menu Display / Options / Montage. Type in a symbol and press ENTER. Select the menu item Display / Options /Montage The Options Montage screen shows last, open, high, last, bids, asks, size and open interest of both puts and calls. Montage also displays Premium (the amount betweent the trade price and the strike price), Downside Price Protection (for puts), Maximum Nominal % Return, Maximum Annual % Return, Nominal Premium Income %, Annual Premium Income %, Downside Profit Price, Maximum Downside Risk % and Protection Cost %. For traders, the Greeks : Delta, Gamma, Vega, Theta, Rho, as well as Implied Volitility and Theoretical Value can be displayed. The calculations are based upon the Black-Scholes Model and use the current real rate of interest and actual days to expiration. The data fields may be added just as data fields (columns) are added for custom price pages. Options Montage shows basic trade data and a variety of buy side analytics and trader data such as the greeks I - 28

33 Options Analytics The Options Analytics page shows the risk and return available by selling calls against open positions. ❷ Click on the Options Analytics tool from Options Montage. Enter the symbol and the number of shares in the position and click on the OK button or press Enter. Enter the symbol and shares owned. To see the return from selling calls, click on the Add button. See all the options available for the security. Select one, enter the number of contracts to sell against the position and press ENTER. Add as many different call options as desired until the entire position is covered. List of calls sold, income and return. Total income from calls sold and total ROI P/L line from the stock including the P/L from the calls sold The check boxes at the bottom of the Options Analytics page help select which chart lines are shown and whether the chart displays the values in boxes. See the total p/l line, the stock profit line, etc. I - 29

34 Charts Telemet charting is very powerful. See historic, intraday, or supply-demand charts with Telemet. features available on the historic charts. Here are a few Historic Charts Historic Charts display up to twenty years of pricing history: 1. Display bar, point & figure and candlesticks. 2. Zoom in - see details for any period. 3. Show price and volume history, daily, weekly or monthly. 4. Show Total Return from stock appreciation and dividends and compare these to the relevant sector. 5. Overlay technical studies such as Relative Strength Compared to the S&P 500, moving averages, etc. 6. Set up trendlines (regression, price to price, etc). 7. Overlay price history from other tickers. 8. Overlay sales, dividend, income and p/e history. 9. Show insider trading and split events. 10. Use a calculator to see performance between dates and compare it to the sp500, sectors and industries. 11. Change colors and gradients for visual effects. 12. Add text or notations. 13. Download price and volume data for export. 14. Print one chart at a time or in batches 15. Schedule automatic printing overnight or on weekends. Bar, Point & Figure and Candlestick Charts From a custom price page, or any other Telemet page, select menu Display / Charts / Historic / Snap. Select menu Display / Charts / Historic / Snap Type in a ticker. After typing in a ticker, see a chart like that shown on the next page. Price is shown in the top section and volume in the lower section of the window. A tool bar is at the top of the chart. I - 30

35 Tool for Sales data overlay Tool for trendlines Tools for day, week, month Tools for indicators Tools for zoom in and out Tools for price data access Tool for Calculator If tools are not used, the same functions are accessed with the menu Options /... To see a Candlestick chart on the same ticker, select menu Options / Ticker / After menu Options / Ticker use the list box to select Candlesticks. Press the OK button To see a Point and Figure chart on the same ticker, select menu Options / Point & Figure / Display To change Point and Figure parameters select menu Options / Point & Figure / Settings I - 31

36 Chart Zoom In and Out ❶ Zoom in on a given time period to see details by choosing Options / Zoom / Zoom In or use the Zoom Tool. The cursor changes to a. Hold down the left mouse button and drag a box around the desired time period. After releasing the left mouse button the chart is displayed with the new time period. Alternatively zoom in on a time period by using the vertical scroll bar on the right. Further, the horizontal scroll bar moves the chart dates to earlier or later time periods. Click on Zoom Tool Hold the left mouse button and drag the box around the desired time period then release the mouse button Charts - daily, weekly or monthly price and volume. ❶ Daily open, high, low, close and volume are shown by default on an Historic Chart. Select menu Options / Representation / Weekly to see the data aggregated weekly. Alternatively use the Week Tool. Select menu Options / Representation / Monthly to see the data aggregated monthly. Alternatively use the Month Tool. Use the Week or Month Tool to see the aggregate data I - 32

37 Total Return & Relative Return Charts In order to see the return from a security, Telemet offers a chart that shows the price change return plus the dividend return. To see this chart press the "TR" tool on any chart toolbar. See Relative return using the "RR" tool. On a chart, press the "TR" tool to see Total Return and "RR" to see Relative Return If you press "TR" see the total return for the stock and its relevant sector. Put the mouse pointer on the chart, press the left mouse button and drag it to a new date and see the total return from that point to the present. See the total return from any point to the present. I - 33

38 Overlay Technical Indicators and Studies Technical Indicators update in real-time. Thirty two indicators and studies are seen at the click of a button: Arms Ease of Movement Bomar Bands Directional Movement (DI+, DI-) Directional Movement (DX, ADX) Lowery Indicators Money Flow Moving Averages (1 Line) Moving Averages (2 line) Moving Average (Convergence/Divergence) MACD Moving Averages (Percent Bands) Envelope Moving Averages (Standard Dev Bands) Bollinger Price Channels Price Rate of Change Price Spread Relative Strength (Comparitive) Relative Strength (SP500) Relative Strength Index Relative Strength Statistic (compares stock to others) Stochastics TICK TRIN Volitility Volume Volume 1 line Chakin Accm/Dist Volume 2 line Chakin Accm/Dist Volume 1 line Granville On Balance Volume 2 line Granville On Balance Volume 1 line Williams Var Accum Volume 2 line Williams Var Accum Volume Index Positive Volume Index Negative Volume Weighted Average Price Williams %R Most indicators and studies have parameters that may be set to provide additional flexibility (eg. Moving averages not only contain the number of days for the average, but also smoothing exponential, weigthed or simple and shift amount). Some indicators and studies are available as Upper Indicators others as Lower Indicators. Upper indicators (the Upper Indicator tool ) appear along with price history and lower indicators (the Lower Indicator tool ) appear in a separate area below the price history. Upper Indicators Select Upper Indicators to see an indicator appear along with price history. Use the tool or alternatively select the menu Options / Upper Indicators... Select the Upper Indicator Tool and select one of the indicators from this list box. Set the parameters if desired. Click on OK. See two or more indicators by selecting the appropriate Indicator number (selecting button 2, creates two indicators). Apply an indicator to a symbol by selecting the appropriate symbol in the Applied To field. Click on the OK button. I - 34

39 Two Line Moving Average Two Lower Indicators appearing below the chart use the Separ checkbox to create separate areas. Quick Study offers fast access to Upper and Lower Indicators. Click on the Quick Study tool Upper and Lower indicators. and pick the Lower indicators can be seen on one lower chart area - or can be separated into several lower chart areas. To see a lower indicator in separate areas rather than have them overlayed, click on the Separ checkbox when selecting the indicator from the menu Options / Lower Indicators or using the Lower Indicator tool button. Trendlines can help visualize momentum. Overlay Trendlines Click on the Trendline tool or select menu Options / Trendlines Select the Trendline desired Select a color Click on OK. After clicking on OK the cursor changes to. Move the cursor over the desired the trendline start point, hold down the left mouse button and drag the line from the left to the right side of the chart. Release the left mouse button at the desired endpoint. I - 35

40 Place the cursor over the center of the trendline to reposition the trendline. The cursor changes to. Hold down the left mouse button over the trendline and reposition the trendline to a new location. Trendlines can be extended as well by placing the cursor at the end of the trendline, clicking and holding the left mouse button down and dragging the trendline to a new endpoint. Overlay An Index - Compare Performance Overlay the S&P500 on GM to compare performance between this popular index and General Motors. ❶ Click on the Ticker vs S&P500 tool at the top of the chart. See the performance of GM versus the S&P500. Alternatively from any Telemet window Select Display / Charts / Historic / Ticker vrs S+P 500. Enter the symbol and press Enter. Use the tool 4 programmed at the top of the window The triangle at the bottom shows the point where the chart comparison starts. Click and drag the triangle to a new date by using the left mouse button. The triangle along the bottom of the chart moves the comparison start date. Hold down the left mouse button over the triangle and drag it to a new date on the axis. The price performance is compared from the new date. This is called the normalization date I - 36

41 Overlay Another Stock Compare Performance Overlay Ford on GM to compare performance between Ford and General Motors. ❶ Select Display / Charts / Historic / Ticker vrs Ticker. Enter the first symbol and press Enter. Enter the second symbol and press Enter. Telemet shows the performance of the two stocks. Select Display / Charts / Historic / Ticker vrs Ticker Type in one ticker and press ENTER then type in another ticker and press ENTER. The triangle at the bottom shows the point where the chart comparison starts. Put the mouse pointer here and drag the triangle to a new date by holding down the left mouse button. The triangle along the bottom of the chart moves the comparison start date. Hold down the left mouse button over the triangle and drag it to a new date on the axis. The price performance is compared from the new date. This is called the normalization date. I - 37

42 Overlay Sales, Income, P/E or Dividends Overlay the Gross Revenue of GM and its historic stock price performance. Start with a historic price chart for GM. (See pp. 31 above). ❶ Click on the tool (Gross Revenue) at the top of the chart. See the historical price performance of GM and the quarterly revenue of GM over the same period. Click on the DI tool. See the GM price performance chart along with the stock s dividend history. Click on the PE tool. See the GM price performance chart along with the stock s P/E history. Click on the IN tool. See the GM price performance chart along with the stock s net income history. Start with an historic chart Select the tool required for Sales History, Income History, Dividend History or P/E History by pressing QU, IN, DI or PE respectively. The scale on left shows the ticker price history and the scale on right shows Sales, Income, Dividend or P/E history. Point at the sales chart and press the mouse button. See the quarterly gross revenue figure for that period. Select another period, press the mouse button and see the sales for that period. I - 38

43 Insider Trading and Splits Show insider trading and split information on the charts. Select menu Options / Show Insider to see insider trading. Plus signs show the number of $50,000 buys at the top of the chart and minus signs show the number of $50,000 sells at the bottom of the chart. Select menu Options / Show Splits to see split events and amounts. These are displayed at the bottom of the chart. Select Options / Show Insider to see insider trades. Select Options /Show Splits for splits. Insider buys appear as + at the top of the chart. Insider sells appear as - at the bottom of the chart. Splits appear at the bottom of the chart. Price and Performance Calculator For convenience and performance measurement, a price and performance calculator is available. After selecting a chart, press the CALC tool to see the calculator or select Options / Show Calculator. See the high, low, close and volume between any two dates. See the net and net percent for the issue and the comparisons to the sp indices. Select the sp500, or any sp sector, industry group or industry. I - 39

44 Download Price & Volume Data For additional studies, other software packages that require data or for specialized presentations, price and volume data may be printed or exported. After selecting a chart, press the DATA tool to see the data, or to print or export it. Alternatively select Options / Data Window then select Export button from the data window. Export a data range or all. Select daily, weekly or monthly and the data will be aggregated accordingly. View, print or export these data. Adding Text to a Chart Add text to your chart for clarity or explanation. ❶ Click on the Textbox tool or choose the menu item Options / Textbox from any chart. ❷ A TextBox dialogue appears. Type in the text message, choose the line style, arrow point style, and color of the line from the options in the center of the TextBox screen. Click on the OK button. Choose line style here. Type in text here. Press OK when done. ❸ After you click on the OK button in the TextBox dialogue screen the cursor changes to. Place the cursor over the desired starting point for the arrowhead of the text box. Hold down the left mouse button and drag the line to the area where text is desired. Release the mouse button and the textbox appears. You will see results similar to the illustration below. ❹ The position of the arrow or the text itself is easily modified. Place the cursor at the end of the arrow and the cursor changes to. Drag the arrow, or the entire text box, to a new location. To edit the text on your chart, simply click at the left side of the textbox and type the new text into the textbox. I - 40