News, News and More News


© Bob Tompkins

News makes the market go round and this week we're going to check out some sites that deliver excellent and market moving news. Learn to use them in your trading and in your market decisions and you could greatly add to your capital. http://www.bridge.com/ is an excellent source for news of all sorts especially international market moving political news. If you are making macro calls off geo-political trends,then this site is a must for you. You can play George Soros jr to your hearts content.

If you have trouble sometimes deciphering whether news is new or old, this site can help.http://www.newshub.com/financial/ puts news into categories from recent updates to listing them in a category that says six to eight hours old. Never again will you enter that order on old news. Although you have to be careful trading on news alone anyway.The site does a nice job of scanning news sources and has pretty good coverage of overseas markets.

http://www.allstocks.com/ is great for pulling together indicator news like whats moving and accelerating on volume and price and whats getting whacked. You can get a page that updates news and charts automatically on stocks that you are watching. What a killer app. Wish I would have found it sooner.

No discussion of news providers is complete without hitting Bloomberg. Even with all the others out there you still gotta have it.http://www.bloomberg.com/welcome.html has great news and charts and covers Economic data that others never think about. If you are a macro concious trader( and the most profitable of you are) then you always have to check out Bloomberg.

On a final note, what did you think of that ride on Friday. Were you in your market proof bomb shelter or did you bang out some great trades. I personally worked pretty hard and even added some swings at the end. Email me and tell me your experiences or post them in our discussion area. I really want to here your ideas and experiences. Until the, trade like you mean it.

P.S Trading is risky and not for everyone. Please consult a professional.

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