I typically run a One Step Update late each evening and, typically, all my listed securities get a proper update showing that day's closing prices.
Recently I've had several occasions when I didn't run One Step Update in the evening but, instead, ran it the next morning. Every time I've done this there have been a large number of listed securities that ended up with "est" showing up alongside the prior day's closing price. If I run the One Step Update after the market's opening these same stocks *do* have updated prices for that day. The stocks with missing quotes are for large-cap high-volume stocks (e.g., PG, MO, etc.).
Anybody else seen this sort of thing? Any thoughts on the problem?
I do not know but since you have yet to receive a reply then I will venture a guess. Perhaps its est since it has not yet opened but contains the previous eve after hours trades. Mel
Mutual funds or other securities that only update their price in the evening will show "EST" because there is no current price for that security, only one that is a day old.
I'm not usually up quite early enough in the morning to verify my suspicion about this; but you can probably check it out fairly easily.
The "est" means Quicken does not have a price for the chosen Quicken "As of" date, and is displaying the latest price it has prior to that date.
My assumption is that from 12.01am until 20 minutes after the markets open (adjust for local time), Quicken's price servers will not provide any prices for the current date. [And all mutual funds should have "est" prices from 12.01am until sometime after markets close.] If true then the financial institutions are the only source of prices during the 12.01 to markets-open time frame.
Also, as suggested by another in this thread, it seems to me that the only valid prices for 12.01am to the opening of markets, are after hours prices.
If the assumptions are true, one thing to check: are the non-"est" prices valid?
A second thing to check is the source of the prices.
Before doing a One Step Update, do a "Download Quotes" from the Portfolio tab. Note the prices you get, if any: they can only have come from Quicken quote sources. Then do a One Step Update, and see if you get prices that weren't downloaded in "Download Quotes"; they likely came from your financial institution(s).
If you're getting some valid after hours prices from your fi's; they should be able to tell you why others of those after hours prices are not available.
If you're getting valid after hours prices from Quicken ... I doubt there is anyway to determine why you get some and not others. But the Quicken Live Community is the only place I can think to try.
Let the Record show that "John Pollard" on or about Tue, 13 Oct 2009 21:03:31 -0500 did write/type or cause to appear in alt.comp.software.financial.quicken the following:
Same thing happens if you update on Saturday, or when ever the market is not opened. "est"is just "last data I have is not for today. I world not be surprised to discover that if you down load the prices Thursday night, but then check your accounts after midnight, you'd see "est" too.
As to the specific stocks being shown as est even after the market has opened, they might (note _might_) not have any trades closed when you log in.
pyotr
- pyotr filipivich. Just about the time you finally see light at the end of the tunnel, you find out it's a Government Project to build more tunnel.
"Est" means the price displayed is not for the date displayed, but is for an earlier date; it applies to any date, not just "today".
Naturally. It follows from the function of "est".
[It's not clear to me that if you downloaded Thursday night, then left your pc sitting there untouched with the Portfolio view displayed, that prices would automatically get marked with an "est" ... I think you'd need to force Quicken to change the Portfolio tab "As of" date (to today, for this specific example) to get the "est" to appear. I don't think Quicken knows when the current date changes unless it is given a task that calls for looking up the current date.]
Sure. Or the sources of the prices might be experiencing problems and not delivering current prices. All that matters is what's in your Quicken price history, and what's not in that price history ... not why.
If you attempt to download prices between 12.01am and 20 minutes after the markets open (Eastern time for the NYSE, say), and there are no after hours prices available for downloading, I would assume that every price you see in Quicken when you have the "As of" date set to the day you are downloading will say "est".
Example: If you attempt a download at 3am Eastern time, on Oct 15, and no after hours prices are available, and the Portfolio tab "As of" date says, Oct 15 ... I assume every price you see in the Portfolio tab should say "est", since every one of those prices has to be for Oct 14 (or earlier).
Am I not understanding what you did? Or what you got for results? Or am I just not understanding?
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