Quote from mastertrader456:
They used to break news now they just report news. Most of the anchors/analysts with any credibility and connections left. Haynes died, Burnett left, Gasparino left, etc. Gasparino used to break all the headlines. David Faber is the only editor left with wall street insider info. Jon Najarian is the only trader worth listening to. All anchors are a joke.
Even though 99% of what they air is bs, there's still 1% thats tradable. If a news source can move a stock you gotta be aware of it.
I have found alot of times they are late with the news....especially when earnings are released.By time they tell you about it it's too late.