Earlier quoted context omitted.
Good question brosephius. I was not/am not aware that yahoo finance and other brokerages do it for free. Didn't find it immediately with a quick Google search either, so I'd appreciate the link (though I found another site that is new to me and seems to provide similar service) At the time I wrote it, I couldn't find other instances of this service online. I could constantly poll stock prices on my phone to see if my…
You can setup Yahoo stock alerts from here: http://alerts.yahoo.com/st_watch_editalert.php But anyone that's going to take action on these types of alerts likely already has a brokerage account with more-advanced alerting capabilities.
1. Have you used this (and did it work)? I just tried registering an alert and I never got the notification from yahoo, despite the fact that the alert condition was met. I was also able to set an alert to get notified when SPY fell to $500 (currently trading 108.70). I also got a 404 in the 3rd step of the phone registration process, but it somehow saved the number anyways.
2. I got a 404 in step 3 when i registered my cell phone to receive alerts.
I guess I'm trying to figure out if this service is still operated at all by yahoo. Of course, it could be equally damning if yahoo decided that its not worth supporting and just nexted the product.
Regarding brokerages offering alert capabilities: I'd be interested in finding out more. I use Interactive Brokers personally and Quote Sentinel was originally actually a python script hooked up to the IB api.
Obviously trying to monetize a service that is being offered for free by many more established parties isn't the smartest idea... Can't really make excuses for why I didn't find that earlier though (functional or not).