News plays an integral role in stock prices, from company announcements to national and global events. Traders must understand which kinds of news tend to move markets and use that knowledge to make informed trading decisions based on what follows in terms of buying or selling activity.
Staying abreast of stock market news requires using several apps and software. They can increase your chances of capturing alpha and providing superior returns.
Scanz
Scanz is an all-inclusive market shares news and scanning software. It features customizable stock scanners, a news scanner, as well as breakout alerts.
Traders can filter their news feed by keywords, which is an invaluable tool for staying abreast of trends and market conditions. It also serves as a helpful way to detect breakouts triggered by large trading volumes.
The Breakouts module sends real-time alerts when a stock’s price breaks above its moving averages. This useful feature helps traders detect when there has been an important breakout at a significant price level, potentially signaling that higher prices may follow.
Yahoo! Finance
Yahoo Finance is a premier stock market data provider, offering hours of daily coverage. Additionally, it provides various tools for managing investment portfolios and consolidating all trading accounts into one location.
Access Yahoo Finance data through various libraries and unofficial APIsThe primary issue with unofficial scrapers of Yahoo Finance data is that they often collect incorrect information. If Yahoo ever alters the layout of their site, code in these unofficial libraries won’t take this into account.
MarketWatch
MarketWatch is a financial website that offers business news and analysis, stock market data, as well as personal finance advice. It is owned by Dow Jones & Company, an expansive media conglomerate owned by News Corp.
According to The Factual, MarketWatch has a Center political bias and an average Writing Tone score of “0.” Their Writing Tone measures how opinionated articles are from each source.
MarketWatch is a conservative American financial punditry website that provides business news, analysis and stock market data with an ideological bias. It is owned and controlled by Dow Jones & Company, an expansive media conglomerate owned by News Corp.
Morningstar Investor
Established in 1984, Morningstar is a renowned investment research and ratings firm. They provide rating services for publicly traded mutual funds and exchange-traded funds (ETFs).
In addition to their risk ratings, Morningstar provides a portfolio analysis tool called X-Ray that can detect overexposure to certain stocks due to duplicate holdings.
Fundamental investors who seek extensive information about their investments will find their research and tools beneficial. You even have the option of taking advantage of a free trial of their service.
Motley Fool
The Motley Fool is a premier provider of investment advice and stock recommendations. Their experts possess an immense amount of expertise, as well as access to an engaging community.
For over two and a half decades, Stock Advisor has been an established source of financial guidance. Its flagship online investing service, Stock Advisor, has outperformed the market by more than three times since 2002*; recently its analysts revealed their 10 top buys for investors across all disciplines.
Sign up now for free and get the insider knowledge on the top stocks to invest in for 2023 and beyond. Our experts will assist you in building a portfolio that’s both smart and enjoyable.
TD Ameritrade
TD Ameritrade is one of the premier brokerages in the industry, providing investors with an expansive selection of investment options and exceptional client support. Regardless of their level of experience, TD Ameritrade gives everyone access to their preferred investing strategy.
Traders adore the platform’s intuitive design, extensive trading tools and constant innovation. Additionally, they applaud its outstanding educational content that helps new traders develop their market understanding and trading proficiency.
TD Ameritrade provides two comprehensive platforms for stock, options and futures trading. Its web platform provides streaming news updates as well as third-party research and watchlists. Moreover, the thinkorswim app adds advanced option ordering capabilities along with chat support from a TD Ameritrade trader.
