Where do you get your financial news from?

godawgst

My go to is CNBC but that's by default as Bloomberg only discusses stocks if they have been bought, going bankrupt, or have allegations of accounting improprieties against them.

Fox Business only talks about individual stocks as the bait to get to the analysis that the stock and/or market is going up because of Trump or down b/c of Joe Biden

Anyone have other sources they use? The Street.com is/was run by Jim Hickman and Maven so it's been destroyed like anything else he touches, and Yahoo finance is ok, but I find it very generic and it's target audience is not me.

Also, what do other think of CNBC? I liked it much better 10-20 years ago when they were more individual stock focused. Today is more big picture macro economy other than the halftime report and fast money.

Thanks

RaceBannon

Here

haie

RaceBannon said:

Here

But only the crazy people here. None of that grounded, buy rental properties bullshit.

Sources

godawgst said:

My go to is CNBC but that's by default as Bloomberg only discusses stocks if they have been bought, going bankrupt, or have allegations of accounting improprieties against them.

Fox Business only talks about individual stocks as the bait to get to the analysis that the stock and/or market is going up because of Trump or down b/c of Joe Biden

Anyone have other sources they use? The Street.com is/was run by Jim Hickman and Maven so it's been destroyed like anything else he touches, and Yahoo finance is ok, but I find it very generic and it's target audience is not me.

Also, what do other think of CNBC? I liked it much better 10-20 years ago when they were more individual stock focused. Today is more big picture macro economy other than the halftime report and fast money.

Thanks

From what I can tell, CNBC tries to be impartial, but can't seem to help but parrot whatever narrative Wall Street wants. I try to "aggregate" news sources (financial or otherwise) to try and water down biases, but these days avoiding editorial in any sort of news is just about impossible.

Lately, I've been diving into quant fin and have learned a lot from some folks that post on Twitter, so that's also an option, though most are just kids peddling stock pics, so YMMV. The Quant side of things is really useful for seeing the bigger picture w/r/t to the market as a whole, particularly in the short term. As an example, consider this article on option delta-hedging which explains how Gamma exposure from options is pivotal to market fluctuations:

https://squeezemetrics.com/download/white_paper.pdf

Doog_de_Jour

Doog_de_Jour

But seriously, it’s 81% the WSJ...then here.

Baseman

Yahoo Finance
Macrotrends
Finviz
Value Line (available free online if you have a Seattle library card)

CNBC is 24/7 of talking heads. I found my returns went way up when I quit watching. Call of the day. Fast Money...All sizzle. Unless you have inside information, which is illegal to trade off or a high speed computer with servers within a block of the NY exchange and high priced algo geeks to manipulate pennies on millions of trades every day, the only consistent way to make money in stocks is buy and hold with a long term view

HoustonHusky

I don't subscribe but I follow some on Twitter and I prefer them to CNBC:
https://app.hedgeye.com/

Lots of good and truly awful folks/sources on Twitter...careful what you read but if you can filter to a good list you can learn a lot. Highly recommend Mark Rossano if you are in the oil markets.

FireCohen

FT.com

1to392831weretaken

The Tug Tavern.

PurpleThrobber

godawgst said:

My go to is CNBC but that's by default as Bloomberg only discusses stocks if they have been bought, going bankrupt, or have allegations of accounting improprieties against them.

Fox Business only talks about individual stocks as the bait to get to the analysis that the stock and/or market is going up because of Trump or down b/c of Joe Biden

Anyone have other sources they use? The Street.com is/was run by Jim Hickman and Maven so it's been destroyed like anything else he touches, and Yahoo finance is ok, but I find it very generic and it's target audience is not me.

Also, what do other think of CNBC? I liked it much better 10-20 years ago when they were more individual stock focused. Today is more big picture macro economy other than the halftime report and fast money.

Thanks

CNBC - anchors are hotter than FNB and Bloomberg is boring as fuck. Enjoy Cramer and David Faber and Carl Quintannia trading no so subtle cannabis hot talk - you just know Faber smokes more dope than Bob Marley. Cramer has turned into more of a hedge fund shill than he ever was now that Kudlow is no longer a DC insider. Joe Kernan beating the shit out of that smarmy Andrew Ross Sorkin is also worthy every once in a while. Generally stop watching and turn on music after Squawk on the Street is over. More about the entertainment value than the content. Have naughty thoughts about Julia Boorstin and Courtney Reagan.


My Jewish Columbia MBA friend feeds me good shit. Mostly encrypted via Signal. Just got invited to Clubhouse but haven't had time to get hooked on another cesspool - this place is enough.

dnc

RaceBannon said:

Here

I wasn't aware there were other options.

Pitchfork51

Obk

Doog_de_Jour

Pitchfork51 said:

Obk

Did he tell you when 5G is rolling out in your area?

Baseman

Pitchfork51 said:

Obk

Good luck with that. Pogroms have fallen out of vogue and Kristallnacht style hostile takeovers are now frowned upon.

GDS

WSJ
FT
Seekingalpha
Zachs
Yahoo finance is pretty good for basic info

For a while we messed around with an anti Cramer strategy and would short or buy puts on stocks he pumped 24-48 hours after he pushed em and had pretty good success.

creepycoug

Pitchfork51 said:

Obk

Do what you want; but I would refrain from taking financial advice from a guy who hates money and who hates people who have it even more.

#collectivistindisguise

creepycoug

godawgst said:

My go to is CNBC but that's by default as Bloomberg only discusses stocks if they have been bought, going bankrupt, or have allegations of accounting improprieties against them.

Fox Business only talks about individual stocks as the bait to get to the analysis that the stock and/or market is going up because of Trump or down b/c of Joe Biden

Anyone have other sources they use? The Street.com is/was run by Jim Hickman and Maven so it's been destroyed like anything else he touches, and Yahoo finance is ok, but I find it very generic and it's target audience is not me.

Also, what do other think of CNBC? I liked it much better 10-20 years ago when they were more individual stock focused. Today is more big picture macro economy other than the halftime report and fast money.

Thanks

Honestly? More and more, here. There are guys here whose IRL creds I know, and others who have clearly demonstrated their financial markets acumen. I work in Corp Fin; I know the real guys when I see them.

I like Yahoo as well. Because of @HoustonHusky I read a fair amount of zero hedge too. Some of that is over my head; but there is accessible stuff too. WSJ too, of course.

HoustonHusky

Zerohedge is great...I think they are correct on a ton of things (take the Archegos story as an example) but they completely underestimate the inertia of the current system to keep itself propped up...you have to realize they approach everything with the sky is falling mentality and recognize that they repost a lot of third party views that aren’t always as interesting.

Pitchfork51

Baseman said:

Pitchfork51 said:

Obk

Good luck with that. Pogroms have fallen out of vogue and Kristallnacht style hostile takeovers are now frowned upon.

But we can dream

MelloDawg

All of you are novices if you’re not getting it from Damone’s Drunk Father in Law on the Couch.