Have you ever wanted to trade the news but didn’t know which news stations to rely on? Fortunately, there are many excellent news channels you can use to trade the stock market. However, choosing the right one can be the difference between making and losing money.
The best news channel for trading the stock market is CNBC. Other reliable channels include CNN Money, The Financial Times, The Wall Street Journal, Fox Business, The Motley Fool, The Economist, and Yahoo Finance. For real-time updates, get their mobile apps or follow them on Twitter.
Below, we’ll talk about the best news channels to trade the stock market. If you only had to choose one, we’ll help you pick, but we’ll also give you several options for receiving up-to-date news in real-time. So, let’s get started.
IMPORTANT SIDENOTE: I surveyed 1500+ traders to understand how social trading impacted their trading outcomes. The results shocked my belief system! Read my latest article: ‘Exploring Social Trading: Community, Profit, and Collaboration’ for my in-depth findings through the data collected from this survey!
Table of Contents
What Is News Trading?
News trading refers to using news reports to inform your trading decisions. For example, if you hear that company X recently struck a deal with company Z, and that deal can ramp up company X’s profits, you might want to consider buying company X’s stock, as it’ll probably rise soon. On the other hand, if you hear that company X released an earnings report lower than expected, you might want to sell the stock before it starts dropping.
One of the most significant aspects of news trading is knowing which news sources to trust. If you head to a news source that receives and provides information even a few minutes too late, you won’t be able to buy the dip or know when a stock might spike in the near future. Furthermore, online news articles are often a more accurate source if they’re from reputable, credible companies.
Without further ado, let’s dive into the list of news trading channels below.
13 News Channels to Follow For Profitable News Trading
CNBC
CNBC is the best source of information for business-related news, whether you’re tuning in on their website or your living room TV. Either way, they’ll provide you with updated stock-themed information in real-time. With CNBC, a business-focused branch of NBC, you can learn about stocks, cryptocurrencies, and various other business news reports.
CNBC often lists their sources in news articles, but their TV channels will explain why specific companies are more worthy of an investment. Having both of their networks open on different screens (or split down the center on a TV or computer) will provide fast-paced, reliable information on all major public trading companies.
Bloomberg
Bloomberg is one of the most well-known business and market news sources in the world. If you venture over to the Bloomberg website, you’ll discover the most updated news reports concerning the stock market and everything else (ex: breaking news). Bloomberg has a startlingly impressive reputation with stock traders, making it a reliable source to base your financial decisions off of.
It’s trusted by some of the most profitable traders in the world. Bloomberg often relies on direct sources (straight from the company in question) to get their information rather than spreading details from other news outlets. This method requires them to have plenty of people researching in the field to find the most reliable financial advice.
The Wall Street Journal
We can’t talk about business news sources without mentioning none other than The Wall Street Journal, whose publications match its name quite well: it focuses on Wall Street (or stock market-related) news!
The Wall Street Journal (also known as WSJ) shows the ups and downs of stock indexes, allowing you to buy the dip and sell at the peak. It’s an excellent source for people who buy low and sell high, though there’s not always enough information on little-known companies with a chance to spike.
Market Watch
Market Watch is an excellent website and news source to use if you’re “watching the market.” You’ll discover live reports about which stocks are tanking and which are rapidly inflating. When it mentions a stock in a news article, it’ll also pair some crucial information, such as how much the stock is up or down. With that information, you can make a more informed trade decision.
If you want to avoid too much personality and dive into the details, Market Watch should be near the top of your list. The information is reliable and proven daily.
Fox Business
Everyone knows about Fox, which is one of the most popular news sources in the United States. Fox Business, in particular, is the business and stock-centric leg of the station. Fox is known to lean to the right side of political discussions, which can influence their financial advice.
Investing.com
Like many of the sources above, the Investing.com website comes with a highly useful app. With this tool on your smartphone, you can track business news in real-time and decide to buy or sell with a second’s notice.
CNN Money
CNN is another giant in the news industry, and CNN Money is where you can learn more about the movers and shakers in the stock market. CNN Money’s top-notch reporting will keep you in the loop without questioning whether you’re making the right decision. Contrary to Fox News, CNN Money leans toward the left side of the political spectrum. This affiliation could influence their financial recommendations.
Forbes
Forbes Magazine focuses on three things: money matters, the economy, and business. If you visit their website, you’ll find the latest stories about what’s going on in the market. For example, you can learn about major tech companies and the business deals or innovations they’re working on, helping you decide whether to invest in those tech companies or not.
The Motley Fool
The Motley Fool is not a foolish website, despite its name. It’s actually a well-respected website where you can learn about investing and business, offering updated news information that you might not see on normal news sources, even platforms such as CNN Money or Fox Business. It’s also sourced by major outlets, which means The Motley Fool is closer to the original source (you can take action quicker, resulting in higher profits).
The Financial Times
The Financial Times, or FT, is another major publication in the finance-related world. It doesn’t matter which stock you are trading. If you want to learn more about the stock and financial world while keeping up-to-date on the latest news stories that can affect the market, subscribe!
Barrons
Barrons is an interesting source of information because, while it’s part of the Dow Jones Network, it focuses on topics related to investing and retirement. As such, if you’re trading the stock market to prepare for retirement, consider turning to Barrons if you want to know the best ways to invest related stocks.
Yahoo Finance
Yahoo is a major news source, even though it’s no longer as popular as it once was. Nevertheless, Yahoo Finance can be a great source of information if you’re looking to trade, as they cover tons of stories published by other outlets.
The Economist
The Economist is not as well known as some of the other news sources, like Bloomberg, CNN, and Fox, but it’s still an excellent source of information for those trading the market.
Author’s Recommendations: Top Trading and Investment Resources To Consider
Before concluding this article, I wanted to share few trading and investment resources that I have vetted, with the help of 50+ consistently profitable traders, for you. I am confident that you will greatly benefit in your trading journey by considering one or more of these resources.
- Roadmap to Becoming a Consistently Profitable Trader: I surveyed 5000+ traders (and interviewed 50+ profitable traders) to create the best possible step by step trading guide for you. Read my article: ‘7 Proven Steps To Profitable Trading’ to learn about my findings from surveying 5000+ traders, and to learn how these learnings can be leveraged to your advantage.
- Best Broker For Trading Success: I reviewed 15+ brokers and discussed my findings with 50+ consistently profitable traders. Post all that assessment, the best all round broker that our collective minds picked was M1 Finance. If you are looking to open a brokerage account, choose M1 Finance. You just cannot go wrong with it! Click Here To Sign Up for M1 Finance Today!
- Best Trading Courses You Can Take For Free (or at extremely low cost): I reviewed 30+ trading courses to recommend you the best resource, and found Trading Strategies in Emerging Markets Specialization on Coursera to beat every other course on the market. Plus, if you complete this course within 7 days, it will cost you nothing and will be absolutely free! Click Here To Sign Up Today! (If you don’t find this course valuable, you can cancel anytime within the 7 days trial period and pay nothing.)
- Best Passive Investment Platform For Exponential (Potentially) Returns: By enabling passive investments into a Bitcoin ETF, Acorns gives you the best opportunity to make exponential returns on your passive investments. Plus, Acorns is currently offering a $15 bonus for simply singing up to their platform – so that is one opportunity you don’t want to miss! (assuming you are interested in this platform). Click Here To Get $15 Bonus By Signing Up For Acorns Today! (It will take you less than 5 mins to sign up, and it is totally worth it.)
Conclusion
So, there you have it. If you had to choose only one news source, we’d probably say that you should follow CNBC. However, it’s even better to follow as many news sources as possible. You can download the apps to get instant notifications, or you can follow these news sources on Twitter to get a hold of breaking news stories even before they reach the main website.
BEFORE YOU GO: Don’t forget to check out my latest article – ‘Exploring Social Trading: Community, Profit, and Collaboration’. I surveyed 1500+ traders to identify the impact social trading can have on your trading performance, and shared all my findings in this article. No matter where you are in your trading journey today, I am confident that you will find this article helpful!
Affiliate Disclosure: We participate in several affiliate programs and may be compensated if you make a purchase using our referral link, at no additional cost to you. You can, however, trust the integrity of our recommendation. Affiliate programs exist even for products that we are not recommending. We only choose to recommend you the products that we actually believe in.
