Bloomberg is king, but expensive. The Fly and Benzinga have a breaking earnings news feed, where quarterly earnings announcements are summarised. Are there better/faster alternatives when it comes to breaking earnings news feed?
I have posted this in the past. When I was a MM I used a news accumulator. It provided a filterable feed of multiple sources. The company was bought by Moody's. It is now called NewsEdge Alert. https://newsedge.com/alert/ Lightspeed Financial Services Group LLC. is not affiliated with this service providers. Data, information, and material (“content”) is provided for informational purposes only. This content neither is, nor should be construed as an offer, solicitation, or recommendation to buy or sell any securities. Any investment decisions made by the user through the use of such content is solely based on the user’s independent analysis taking into consideration your financial circumstances, investment objectives, and risk tolerance. Lightspeed Financial Services Group LLC does not endorse, offer nor recommend any of the services provided and any service used to execute any trading strategies are solely based on the independent analysis of the user.
> Breaking quarterly earnings news feed How much time does one usually have to quickly react after the announcement gets published/distributed? Is it a day, or some hours, or just only some minutes? I think nowadays it gets challenging to trade such news events, especially for retali traders. Any experiences? Another alternative would be to constantly monitoring the changes in the Bid/Ask/Last prices, and I think this is easier and cheaper to do. For example if the price suddenly jumps by say 3% then you know something important is going on, and also the direction... And if you can relate this to the awaited Earnings Numbers to be released in some days/weeks, then you can be sure to a certain degree...
Yes there is, your chart. By the time you (or your bot) read the news, it's already discounted and shown in the price.
To a certain extent however overall market condition at the time will trump and override an otherwise "good" earnings season. This past August earnings season compared to November's earning season were different as night and day. When a company posted a good ER in november investors were like "Yes! Shut up and take my money!". But when they posted a good ER in august investors were like "Meh,we'll think about it and get back to you".