Bloomberg or CNBC
- Thread starter wjk
- Start date
Neither ... the price and volume data does, as do things like DJ Newswire and Bloomberg Terminals. By the time any news hits the TV or Internet news sites, it's already been traded and the traders are ordering steak dinners. 
That said, Bloomberg doesn't goof around, editorialize, or routine-ize their breaking news like CNBC does....so if you absolutely MUST trade from TV, I'd say go with Bloomberg, but it's no guarantee you'll do any better, quite frankly.
That said, Bloomberg doesn't goof around, editorialize, or routine-ize their breaking news like CNBC does....so if you absolutely MUST trade from TV, I'd say go with Bloomberg, but it's no guarantee you'll do any better, quite frankly.
with out question cnbc MOVES markets, if your going to trade the couple events off tv a week go with CNBC.
And pay no attention to people who tell you, you cant make money off the tv i probally made about 20% of my year off cnbc, and i trade news for a living. they have some good sources.
And pay no attention to people who tell you, you cant make money off the tv i probally made about 20% of my year off cnbc, and i trade news for a living. they have some good sources.
On September 16th when the FED was going to make the announcment re-interest rate adjustment, Bloomberg TV was bascially reading right off a terminal, ES market moved maybe 2-3 seconds ahead of the TV. Enough to make a difference to lots of traders.
CNBC is like a car wreck, you can't help but watch it even if it is gross!
CNBC is like a car wreck, you can't help but watch it even if it is gross!
You also have to realize that Charlie Gasparino broke the story first; over night, over the weekend and last week.
He actually breaks all stories before anyone else. Among some of his most notable were BS, Lehman, WM and WB, the story about Enron, Elvis's death, the birth of the Warren Buffet (he was the first to call Warren's successful future and that he would slip GE $3bln in 2008) and that the British were coming.
If you don't believe me, ask him.
He actually breaks all stories before anyone else. Among some of his most notable were BS, Lehman, WM and WB, the story about Enron, Elvis's death, the birth of the Warren Buffet (he was the first to call Warren's successful future and that he would slip GE $3bln in 2008) and that the British were coming.
If you don't believe me, ask him.
Quote from Trad'nUp:
You also have to realize that Charlie Gasparino broke the story first; over night, over the weekend and last week.
He actually breaks all stories before anyone else. Among some of his most notable were BS, Lehman, WM and WB, the story about Enron, Elvis's death, the birth of the Warren Buffet (he was the first to call Warren's successful future and that he would slip GE $3bln in 2008) and that the British were coming.
If you don't believe me, ask him.
lol, i have noticed this once. maybe twice.