by John Sweeney
Charles Schwab & Co. has always focused on the independent investor, so it's only natural that the
company's come out with more software for the self-reliant decision-maker. StreetSmart, available now
for both Windows 3.1 and Macintosh, is the latest effort to succeed The Equalizer, a text-interface effort.
Schwab focuses on providing a complete trading package. StreetSmart starts with getting the orders in for
stocks, bonds, mutual funds or options (Figure 1)— no futures— and then throwing in the research,
position monitoring and portfolio management, leaving the analytical work out. Some pricey essentials
have been thrown in free (like telecommunications with Schwab), but other than that, this is a package
focused on fundamentals.
Let me expound on that. You may certainly gather quotes, company news, financials and statistics from
Standard & Poor's and Dow Jones via StreetSmart, but the modern version of hot tips also abound.
Topics on MarketScope include analysts spotlighting marketmovers, with plenty of views and news. The
latest stocks touted in the news media are tracked, the S&P's stock appreciation ranking system (STARS)
ranking can be accessed and there are even stocks of the week!