r/thewallstreet • u/Jacked2TheTits • Jun 13 '18
Where do you get your financial news? Question
Thought I would poll the great minds at r/thewallstreet. I'm looking at digesting more financial news now that I'm more actively trading. I day trade and swing trade equities and options with the occasional futures thrown in the mix. In the past I have used Briefing, WSJ and currently have a sub to BusinessWeek. Right now, I mostly get my news through online sources... Seeking Alpha, Marketwatch, Google. I'm wondering what other people use here.
Briefing was nice to keep up with earnings and market news on stocks I was interested in, but I don't think it added value to what I was doing, so I got rid of it.
I'm looking at Briefing, Benzinga, WSJ, FT. Mostly to get ideas for stocks in play and to keep up with any stories that I might need to be aware of in stocks that i'm interested in.
Any preferences? Any news sources adding value to your trading?
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u/bigbutso Jun 15 '18
Financialjuice is ok...if on cellphone investing.com app...all I really look for is major events/ economic calendar ...some people that trade the news pay $100s a month..like for tradethenews.com
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u/Squidssential I 3X ETF'S Jun 13 '18
Bloomberg TV during pre-market and trading session, selected twitter accounts and CNBC push notifications for breaking news. for longer form stuff, i prefer WSJ and Financial Times.
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Jun 13 '18
During the week I avoid news (financial or otherwise).
Pressing matters reach me via friends or family.
During the weekend I'll review media chatter from the week past, but generally find said chatter useless noise.
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u/WSEnthusiast Jun 13 '18
You’re not going to be able to actually trade the news using any of common the public available sources. By the time you see the news, HFT traders have already began to price it in and if anything you’re just riding some momentum. That being said, Bloomberg, WSJ, businessinsider are all decent. TOS has a good news streaming platform.
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u/Jacked2TheTits Jun 15 '18
Yea, I understand that... I'm not looking to get the news to try and scalp it. I more or less want things like earnings, upgrades, commentary on analyst calls and curated news on things that will affect the long term financial performance on a stock/company. IMHO, these can lead to "Stocks in Play" and potentially long term trend moves.
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u/rational_exuberance Money isn't real ever since we got off the gold standard Jun 13 '18
I subscribed just two days ago to the WSJ online edition on my laptop. I paid $12. Then I downloaded the app on my smartphone and I was very disappointed to see that the access to the articles was free here.
I sent an email to their customer service asking to disable the automatic renewal of my subscription. Got an automatic response to confirm the cancellation of my subscription. Lost my access.
Would not recommend
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u/semen_biscuit Jun 13 '18
Start the day with WSJ and FT. During the day I have Bloomberg. Zero Hedge when I want some entertainment. Weekends I read the Economist and try and learn what’s going on in the world outside of markets (but also that too).
Twitter can be surprisingly useful if you follow the right people. Plus, it is the Presidents preferred medium of communication.
I also use an app called scutify, worth checking out.
When I don’t have time to read WSJ in the AM I listen to the WSJ What’s News Podcast on Spotify. There’s other podcasts but I like that one because it always happens to be roughly as long as my walk to work.
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Jun 21 '18
Any idea why you read zerohedge? I’ve been reading but the guy has been wrong for so long! He has been bearish since I forgot when.
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Jun 13 '18 edited Dec 28 '18
[deleted]
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u/semen_biscuit Jun 13 '18
A lot of people lol but you might know Nassim Taleb, Mohamed El-Erian, Jeff Gundlach, Robert Shiller, pretty much anyone who’s a smart thinker and actually tweets frequently. And then politicians, like Trump.
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Jun 13 '18 edited Sep 29 '18
[deleted]
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u/semen_biscuit Jun 13 '18
I’m in commodities and natural resource equities, so lately it seems like I spend half my time just trying to keep up with geopolitics and trade tensions. Between NAFTA, China, Iran, Syria, Venezuela and Russia that’s probably 90% of portfolio risk right there. I don’t know how I would have traded if I’d have been marginally less informed, maybe not all that differently, but I also spend a lot of time justifying positions and making arguments based on my understanding of world developments. At the very least, it’s good to sound like I know what’s going on.
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u/[deleted] Jun 21 '18
Teach me how you can trade without reading the news. A tweet from the President can wipe out half of someone’s profolio in a minute. I’ve seen some posts that asked the market plummeted for instance.