Hi all, I am not an expert on evaluating stock news. It would be great to find a website/service which can do it for me. Is there a place that radically evaluates the stock news and ranks them as 1 star to 5 stars? Thank you.
Im not sure that is helpful because if you are trading, you are usually selling on the news, not buying the news. By the time the news gets ranked, its too late for anything.
The market dynamics are just so much faster than the news. New news of importance, is already priced in the market by the time the news writer hits the submit button.
But there are a bunch of day traders out there (especially gap traders) who still use news. They start to trade stocks after seeing the news' effect on pre-market. They still rely on the catalyzing power of the news when they decide to scalp a stock. And some of them's technique looks very promising
