I will design and develop a tool that provides real-time updates on stock movements, price changes, and relevant financial news. Below are the detailed functionalities:
Key Features:
Stock Monitoring:
Integration with stock market APIs (e.g., Alpha Vantage, Yahoo Finance, or IEX Cloud) for real-time data.
Historical data analysis for tracking trends and indicators.
Financial News Aggregation:
Scraping and monitoring top financial websites for relevant news updates.
Intelligent filtering for stock-specific news.
Real-Time Alerts:
Notifications for price changes, indicator thresholds, and significant news.
Customizable thresholds for alerts based on your preferences.
Email Notifications:
Automated email delivery of updates in a concise, user-friendly format.
Option to receive daily summaries or instant alerts.
User-Friendly Dashboard (Optional):
A web-based interface to view live data, customize alerts, and access reports.
Technical Approach
Backend: Python with libraries like Pandas, Flask/Django, and BeautifulSoup for data processing and web scraping.
API Integration: Use of REST APIs for real-time stock data.
Database: PostgreSQL for storing historical data and user preferences.
Email Notifications: Integration with SMTP or transactional email services (e.g., SendGrid).