Here's how you use CNBC:
If you like to follow a certain group of Analysts, Traders, Asset Managers, I would suggest you find out if that person posts their speaking schedules (if they hold NASD and SEC Registrations like I do, they have to clear it in writing, or verbal approval at minimum from a Compliance Principal before going on a live broadcast. It generally gets approved quickly, where if you want to mail something, that's another story...) The key is to find QUALITY, not quantity in listening to every analyst out there. I stick with very vew, and trust them. I also do my own research on Alternative Investments.
If they have a site, and post their CNBC speaking times, put it in Outlook, or whatever calendar you use. If you can become friends with a Broker, he/she 'may' be able to get you a printout of aired analyst, trader, money manager times, as well as conference call play backs from top analysts, money managers, etc., You'll have to call a 1-800 #, and have the passcode for the play back. That's where your friend will have to fit in. The call re-plays are generally for Advisors, other Money Managers, Wealth Managers, etc., so don't get your friend in trouble giving that stuff out if he/she gives it to you. No, I won't provide anyone with that stuff. Sorry.
If you don't have a friend who's a retail broker, walk into a local wire house, and ask to speak to an "Advisor." You'll get the broker of the day (LOL!), but anyhow, give him about 5-10m for some ETF's, or Mutual Funds. I like the ETF's for their "tax-efficiency," but your choice. Everyone needs some money diversely invested, and not something they watch every day due to emotion, etc., But, more for letting it compound over time, re-balancing every 12-18 months (or if needed sooner), etc., it's more or less retirement money, or rainy day money.
Tell the new broker that you're really into market research, and see what he/she offers. Maybe if they don't offer anything, take your money elsewhere, as they suck. They can give you all kinds of client approved market analysis, stock picks, etc., that's not illegal. If they give you something like the conference call re-plays that are meant for internal use only, that could get them in hot water with their firm, RIA, B/D, etc., if it got out, as it could be considered investment advice.
I hope that helped? Good luck to you!
