Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

Where do you get your financial news from?

godawgst
godawgst Member, Swaye's Wigwam Posts: 2,618 Swaye's Wigwam
edited May 2022 in Tug Tavern

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
«13

Comments

  • haie
    haie Member, Swaye's Wigwam Posts: 24,870 Founders Club

    Here

    But only the crazy people here. None of that grounded, buy rental properties bullshit.
  • Sources
    Sources Member, Swaye's Wigwam Posts: 4,442 Founders Club
    edited April 2021
    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
  • Baseman
    Baseman Member Posts: 12,382
    edited April 2021
    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
    HoustonHusky Member Posts: 6,025
    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
    FireCohen Member Posts: 21,823
  • 1to392831weretaken
    1to392831weretaken Member Posts: 7,696
    The Tug Tavern.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,951 Standard Supporter
    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.