FWIW I don't think that you can really do this without moderation. Financial news is one area where curation shines particularly strongly, considering how strong monetary and information gain collide.
Benzinga / Motley Fool / Seeking Alpha / Business Wire / Forbes aren't places to find worthwhile information.
Was just going to say basically the same thing, though you are wrong about Business Wire (the source of some original press releases with high value).
This site would be better with way fewer sources, paradoxically. Probably 5-7 are all you need.
I pay a small fortune for Bloomberg each year and get notifications of all news on a list of stocks ~200 long. Most of the notifications are spammy lawyer press releases. Bloomberg has made no effort to curate this intelligently. Yes I know I can manually ignore certain keywords, but that's a pain and constantly evolves, it seems.
Curation is indeed paramount in the financial news industry, where much news is automatically regurgitated to generate page views/ad revenue.
If you're long these stocks, shouldn't you ignore most of the news related to them anyway? How does it impact your decision-making? Why is the subscription worth it?
I'm only long a subset and just want to be notified of actual news (primarily defined as publications and SEC filings from the companies), not deadlines to be the plaintiff to sue the companies, for example.
The list is 200 long, no positional information was likely intended
A few years ago 27 people were charged with fraud for being paid to pump stocks with hundred of articles these sorts of platforms under the guise of unbiased news. This is probably just the tip of the iceberg.
https://www.sec.gov/news/press-release/2017-79
>The SEC today released an investor alert warning that articles on an investment research website that appear to be an unbiased source of information or provide commentary on multiple stocks may be part of an undisclosed paid stock promotion. Investors should never make an investment based solely on information published on an investment research website. When making an investment decision, thoroughly research the company using multiple sources.
> using multiple sources.
That recommendation of theirs is ironic considering the āschemeā consists _of_ said multiple sources.
There is so much noise out there. Hence, I rolled my own site (finclout) where relevant news is aggregated across several vectors leveraging social media arbitrage. So far its really profitable and brings peace to my mind to not miss a news item about a stock that I like. Further, Motley Fool is blacklisted. That's is a crap FOMO side.
any plans to make this site public?
Haven't decided yet. Because technically, I don't need it.
A full public record of posts / pumps correlated by IP, country, device fingerprint, and equities they're pushing... with a free API... now we'd be talking about some interesting reverse engineering.
I strongly suspect that a popular news resource focusing on stocks is liable to be overrun with bots or āsponsored contentā, either with or without moderatorsā blessing/compensation. Itās the niche where information asymmetry and financial gain are so awkwardly close.
Financial news is like a TV channel that plays nothing but commercials. In the sense that every story is trying to get you to do something very specific that enriches the storyteller.
I don't know why anybody would want that.
> I don't know why anybody would want that.
I think the answer is probably something like gambling addiction.
While I use a very basic/standard passive investing approach myself, I do believe there are people who have genuine skill at active investing, particularly when they are handling relatively small amounts of money.
But I don't think any of them get there by absorbing walls of buy/sell recommendations.
That is not precisely true? When an article runs about a merger announcement, or earnings releases or even a new supplier relationship or big sale agreement... all those things are legitimate news that should affect your expected future cashflows.
I think there is a realm of events in general, and a realm of financial investments.
As a rule, events affect investments.
Because of that, the choice of which events to report and which to disregard (one cannot report literally everything, so criteria always apply), from which angle to interpret events (selectively omitting or highlighting aspects can go a long way), etc. is inevitably influenced by financial interests of link aggregator or link submitter, who would certainly like their existing investments to appreciate and their future investments to depreciateāand the more they did or plan to invest, the more they stand to gain or lose.
This already applies to news in general, and it just seemed to me itād be amplified to rampant intensity if we are talking not any news, but stock news specifically. Not to discard the idea, but to highlight the value of such a platform as a target for manipulation, should it gain traction.
Sounds like the iOS stocks app. Just junk robo-articles it pulls in.
Wow this site is fast. Well done. FWIW you can use AdSense/ad tags within LiveView, if you're using that. There's an attribute you need to set - Google it - I can't recall atm, but I got it working just fine on one of my sites to refresh ads and also take advantage of LiveViews speed for user engagement.
Thanks @kuzee! Much appreciated :)
I appreciate that info on LiveView, I plan on digging into it!
The public-facing pages of this site aren't currently using LiveView, but I see it on the horizon.
For speed considerations, I'm actually caching news stories in memory using the excellent Cachex (https://github.com/whitfin/cachex) library.
I don't think Google will let you run ads on a news aggregator site w/o unique content. [1]
I think you're right @sakopov. Luckily, I don't intend on adding ads here :)
I'm just glad to share this site with the community and hope people get some value from it!
Motley Fool is really awful. Every article is just click bait trying to get people into their sales funnel.
I couldnāt agree more, itās terrible and they should be ashamed of themselves for being so useless. I remember when Yahoo Finance was really good as a content aggregator we had dozens of contracts with news sources which you could filter etc. Plus the message boards that were some of the best on the internet. YFin has devolved into something unrecognizable (and horrible).
I'm a fan of HN-style information minimalism. How are you parsing the sources and ranking the display, out of interest? Are you using NewsAPI or grabbing RSS feeds directly or something like that?
Good luck. It looks good.
[Edit just saw it's stocknewsapi]
Hey @jedwhite! Thanks, I appreciate the feedback! Yeah I'm pretty much relaying from https://stocknewsapi.com :)
I've been using them for about 2 years and they have an awesome team and service.
The top 6 articles on this site are "$X thinks $Y stock is worth $Z". It looks incredibly boring. Sorry.
I find https://finviz.com/news.ashx to be mostly useful. "Real" news on the left, "opinion" on the right. Some of the blogs, like calculated risk, are actually very cut/dried just the facts. ZH for anything other than bond markets is for amusement value only.
I have been working on a stock market analytics tool, here is the news section: https://quantale.io/dashboard/latest-news
It tracks real-time data from Reddit, Twitter, Newsmedia, SEC Filings and Financial Data of over 10000 stock tickers.
It is in super alpha right now so please be more tolerant of bugs and issues. thank you
Hey nice idea- I am looking at building a dashboard style web app like yours. Have you used any frameworks here or rolled your own? - I am on mobile or id take a closer look myself.
I am developing a big data collection and visualization platform called QuantaleCore that powers https://quantale.io
The platform allows users to code and launch a container which gets data into the DB and from there everything else is abstracted. There is a generic API that can be used to request that data from DB without writing any code and then on frontend I am developing a library that helps me hook these generic endpoints to different visualizations that I want just like kibana or grafana.
So QuantaleCore is like an end to end replacement for Elasticsearch + Logstash + Kibana
My email is on my profile. Email me if you would like to discuss it more. I would be happy to give you a demo.
Also I'd like to be able to read the reddit comment without having to leave the site if possible. Am liking it though, already been down a few rabbit holes. Good stuff.
thanks for the suggestion, I am adding a feature to expand the comment in the view itself and user will be able to read the full comment without leaving the site.
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