Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

I was thinking of building exactly this type of thing here. This is great and I love the simple/minimalistic styled pages.

Things I was also contemplating to implement you can freely steal:

1. Giving a list of potential interesting investments - these could also be behind paywall.

2. Summarize based on sectors to see where there's downturns coming - again maybe paywall this

3. Connect with news-sites or twitter etc.. to see what is happening and what is the sentiment. This is a lot harder as you'll need to either scrape or pay to get that info.

Best of luck

Really nice of you to encourage, thank you! I've thought about some of those.

The first one is an interesting idea, but offering any real financial advice is regulated, which is a tread carefully territory

Second one is achievable and a good one at that. In fact, there is a lot of canonical data out there that when used carefully can provide a very nuanced picture of the current state of economy.

Third one, currently I have just a twitter account where the earnings reports are auto posted the second they are ready (that is, until I run out of free api limits). Their API cost for at the higher end makes it only viable if I am doing it full time and there was a clear edge by analyzing the data. My gut feeling is, most of the work will go into filtering out low signal posts idk

I'd suggest moving to either bluesky or rss. In fact, selling rss access (very fast responses) and delaying the public (twitter/Bluesky) releases by a few hours/days may be a way to monetize successfully.

Was figuring out how to do the same thing, but for an Indian context, and specific to one's portfolio, by perhaps reading emails. Was still ideating it, cause I am working on another thing at the moment.

Unpopular opinion here... If you tread carefully you'll most likely not succeed. I am not American and I know you guys like to sue eachother for putting cats in microwaves and stuff so maybe this is not great opinion to have in America at the current moment.

I would go for it and put a disclaimer, or I would just incorporate in a country where there's no issues with these things.

all this is hard of course to provide good value, but worthwhile.

Twitters' cost is insane right now, I had quite a few ideas for twitter integrations but they would easily cost thousands per month just to access their API.

I looked into https://github.com/d60/twikit - might not be suitable but you can definitely play around with it. Just don't use your official account as I got shadow banned using it unfortunately.

>Unpopular opinion here... If you tread carefully you'll most likely not succeed. I am not American and I know you guys like to sue eachother for putting cats in microwaves and stuff so maybe this is not great opinion to have in America at the current moment.

It's not actually about personal suits, financial advice may fall into financial services regulations and that's regulated by the government of the US, EU, etc. so wherever the company is registered may have issues in addition to the potential of the regulations applying to the individual and not shielded by the company.

I'm interested in this topic too, but am approaching it from an auditing rather than from an investing angle.