TL;DR: I'm looking for something that be faster than what I'm getting. Schwab's news ticker tends to tell me important news that will affect a stock price long after it's already affected the stock price.
I'm on Schwab's Streetsmart Edge. A few of times recently, I've seen a stock moving wildly with no explanation. I check the news ticker with that stock symbol. Nothing. Then, hours later, a I get a report about the reason, all in past tense.
A good example: I had some CRON puts, The stock plunged; I checked Edge's built in news feature with the stock symbol and couldn't find any reason. So, figuring it was just a fluke, I sold all my puts for a profit.
But the stock kept going down. And down.
Later, a story finally shows up: Cronos Drops 25% after Citron Report
Seriously? That's the first I hear of this news? AFTER it's already dropped?
I would have expected to get something about the report being released. Clearly, everybody else did.
It doesn't help me much to know that the stock dropped a couple hours ago. And tell me the reason why?
If there's a fire at a company's facility, I'd like know about it at roughly the same time everybody else does, not in a story about the company facing bankruptcy, with a an explanation that the fire yesterday had something to do with it. Which is kind of how I'm feeling about Schwab's new ticker.
(I've tried making some Google alerts, but I must be using that wrong, because I'm not getting them the way I expected.)
Is this why people pay for something like Bloomberg news?
Submitted September 06, 2018 at 07:34PM by runinon https://ift.tt/2wPCTzh
