Quant Daily02InfoWhat is this app, what does it do?
InsiderWire is an automated tracker that pulls stock-market signals from several independent sources and flags the ticker when they line up. It does not give investment advice — it surfaces clues. You decide what to do with them.
How it works
We watch
Insider buys, fund moves, Congress trades and social attention — pulled continuously.
We score
When two or more sources land on the same ticker, a consensus event fires.
You're alerted — instantly
The moment two or more sources line up on a ticker, Pro members get a push notification — ticker, score, and values-screen verdict included. No refreshing, no waiting.
You decide
A values-screened verdict with the evidence behind it. We don't advise — the call is yours.
Where does the data come from?
Public, freely available data — polled automatically every few minutes. No paid feeds.
1 · OpenInsider — executives buying their own stock
Why it matters: insiders know their company better than anyone else. When they put their own money in, they're saying "I think this stock is going up."
openinsider.com →2 · Dataroma — moves by famous investors (13F)
Why it matters: these investors move markets. Their decisions are typically the result of deep research.
dataroma.com →3 · U.S. Congress — House & Senate trades
Why it matters: politicians often sit on committees that touch the companies they trade. The disclosures are noisy but occasionally informative — see the Reports page for the actual hit-rate data.
Congress4 · Stocktwits — social attention
Why it matters: this doesn't tell you direction (up or down), but it tells you about attention. Where there is attention, there is movement.
stocktwits.com →Sources converge into a scored event
When independent sources flag the same ticker inside the rolling window, an event fires. More sources and fresher activity mean a higher score.
How the halal screen works — the 4 checks
Every ticker we screen carries an AAOIFI-aligned verdict — Shariah-Compliant, Needs Review, or Not Shariah-Compliant — derived from Zoya's compliance data. The verdict comes from four checks: one about what the company does, and three about how it's financed. A stock must pass all four to be Shariah-compliant; failing any one makes it not compliant, and a borderline ratio means it needs review.
Educational summary, not religious or investment advice. Verdicts follow the AAOIFI standard via Zoya; consult a qualified scholar for personal rulings.
How consensus scoring worksShow
Not every blip deserves a notification. The consensus engine groups signals on the same ticker inside a rolling window (default 7 days) and fires one of three event kinds:
- Cross-source — the same ticker appears in two or more different sources (e.g. an insider buy AND a 13F entry AND Stocktwits chatter). Breadth of evidence.
- Insider cluster — two or more independent Form-4 buys on the same ticker in 7 days. Multiple executives putting money in at once.
- Congress cluster — two or more politicians trading the same ticker in 7 days.
Each event gets a score. Higher score = more and fresher evidence. The formula multiplies a per-source quality weight by a logarithmic same-source curve (5 buys score more than 1, but not 5×) and an average recency multiplier (today's buy worth more than last week's), then adds a bonus when several distinct sources agree. Every knob — half-life, curve shape, source weights, push thresholds — lives in config.ts and can be tuned without code changes.
Track record & reliabilityShow
The Quality page reports per source:
- Hit %: source said up, price went up → +1 point. Said up, went down → 0 points. Hit % is the ratio.
- Avg Δ1d / Δ7d: average percent change between detection and 1 / 7 trading days later. Positive in green, negative in red.
The Reports page goes deeper for Congress and Insiders specifically — leaderboard of which politicians / which tickers had the best follow-through, with the full trade detail underneath.
These numbers only become meaningful with time — don't trust a one-week sample. After a few months of accumulated data it becomes clear which source is actually pulling its weight.
Values screen — how each check worksShow
1 · Business activity screen
First, what the company actually does. A company is excluded outright if a meaningful share of its revenue comes from prohibited activities: interest-based finance (conventional banks, insurers, lenders), alcohol, gambling, tobacco, pork, adult entertainment, and weapons. If a company fails here, the financial ratios below don't matter — it's out. This is why most conventional bank stocks are never Shariah-compliant: their core revenue is interest (riba).
2 · Interest-bearing debt ratio
Even a permissible business must not lean heavily on interest-based borrowing. This check measures interest-bearing debt relative to market value. Above the AAOIFI threshold (around one-third), the company is too leveraged on riba-based debt and fails. On each ticker page we show the actual ratio so you can see how much headroom there is.
3 · Cash & interest-bearing securities ratio
The flip side of debt: how much of the company is cash and interest-bearing investments relative to market value. A company parking most of its value in interest-earning instruments fails this screen even if its operating business is clean. Again capped near one-third under AAOIFI.
4 · Impermissible income & purification
Finally, the small slice of income from non-compliant sources (e.g. incidental interest). It must stay under a low limit (around 5%). When a company is otherwise compliant but earns a little impermissible income, the AAOIFI report gives a purification figure — the per-share amount an investor would donate so the rest of the return is clean. We surface that figure on the ticker page where available.
Putting it together: pass all four → Shariah-compliant; fail one → not compliant; borderline → needs review. Each ticker page shows the underlying ratios and reason codes, so you see why a stock passed or failed — not just a label. For the full walkthrough see the AAOIFI halal screen explainer and the halal investing guide.
Backtest — does it actually work?Show
The Backtest page (Pro+) is the scoreboard for the whole system: in plain terms, after each signal fired, did the stock actually go up — and by how much? For every source it shows the win rate (how often the price was higher 1, 7, and 30 days later) and the average move. It's the honest track record — proof of which signals tend to work, not just a promise that they do.
Alerts & the weekly reportShow
Pro and Pro+ members get push notifications for two things:
- Consensus alerts — sent in real time the moment two or more sources agree on the same ticker, with the values-screen verdict attached.
- Weekly movers — every Monday, a recap of the past week's biggest gaining and losing signals. Browse the full top-10 lists in the weekly movers report.
Free vs Pro vs Pro+Show
Free shows the trending feed (Stocktwits) for the last 24 hours — enough to see what the app feels like.
Pro unlocks the rest: insider buys, 13F moves, Congress trades, 90-day history, the values screen (halal / sin-stock / debt filter), consensus events, Slack alerts, and instant push notifications when a high-scoring event fires.
Pro+ adds the Backtest scoreboard — the historical win rate and average return for each signal source — plus priority support.