TheRiskBlog

Today’s post deals with media phenomenons, that for us as traders can be very important.
As we know markets are made by people who sell and buy. And most of these people read newspapers or news related websites. So if we are able to discover what interests them the most, it helps us creating a better opinion about the markets.

On Thursday I discovered an interesting Article in the Wall Street Journal: “Transport Stocks Blaze a Path”

They have been out there for a long time, but almost no one of our customers or any other investor we have asked ever attends a conference call. But if you call yourself a serious investor or trader you should attend one and see for yourself whether you gain valuable information about a company. Therefore today we have an interesting conference call for you

…then think again. Did it help in the past, did you make any money by reading the usual stuff?
Not that it is a bad thing to dig your way through the daily gossip about companies, CEO´s, earnings, wrongdoings and other good stuff but what really helps is to find real news. Things that will change the price of a stock, no matter what.

For somebody not familiar with the street slang and all the fancy words journalists use today, it could be a tough task though to find the right little tidbit of news that could mean the next tenbagger in your portfolio.

So, how do you find the real news? Well, the good thing is, you don´t have to. That is already done by Michelle Leder and her staff at footnoted.
She is doing a very good job of digging through the stuff we all could read but are to lazy to do so. By the way she needs your help, she explains it here