Wednesday, March 31, 2010

Top Financial Blogs From 24/7 Wall St.

Well, 24/7 Wall St. is out with an updated list of top 25 financial blogs, and it's very worth a review. It's a great way to discover some sites you might not be familiar with; some of them you'll be familiar with from my previous links.

Many thanks to 24/7 Wall St. for the kind mention as a top blog. Of course, 24/7 is too modest to include themselves in the list, so I'll take it upon myself to point out a few of their interesting features:

* A real-time updated list of the largest U.S. companies;

* An updated list of Warren Buffett's holdings;

* Premarket daytrader alerts;

* Daily best market rumors.

I continue to be amazed by the quantity and quality of information on the Web. The challenge is how to filter it all into usable market views! Maybe that will be a future post...
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3 comments:

hugo said...

ty for this interesting blogroll

I completely agree that there is loads of cool and undiscovered information out there, unfortunately the amount of unreadable stuff is clearly outweighing work of high quality.

This brings me to one question:

How much time do you generally spend on reading the news and following blogs?

Curtis said...

My opinion is that news will not help you trade. I waste quite a bit of time reading but unless it is "actionable intelligence" then it has limited value for predicting the overall market direction.

The only value in news is to catch emerging market themes which can precede or coincide with sentiment change. I do not read any company specific news because they are typically not relevant.

Most news sites are designed to entertain, capture viewers, defend a view, and sell products.

Blogs tend to split along thematic lines, bearish or bullish, conservative or liberal, etc. No sentiment value for most of those because they never flip their perspective but the arguments can be useful to generate a state of not believing.

I like Bloomberg and find Hulbert entertaining. The best time to read news is the weekend because that is when major theme reversals develop.

Best advice, don't read for the news-- read for how others will read it. Takes zen like state of mind to read news properly.

Michael said...

Thanks Dr. Brett for providing the Wall Street 24/7 best blog list. I've shared it with the readership of my website, www.safe-options-trading-income.com Thank you for your great work!

Michael