MARKET MOOD: How bad is Jim Cramer at picking stocks?
We analyzed Jim Cramer's tweets to see just how bad his stock-picking track record really is (spoiler: it's not great)
February 7, 2023
4 min read
Babbl Dev Squad
October 8, 2022
2 min read
Investing in the stock market can be a challenging and risky endeavor, but it can also be a great way to grow your wealth over the long term. One way to improve your chances of success is to use news sentiment as a tool to inform your investment decisions. Here are five best practices for using news sentiment to guide your investing in the stock market:
Keep track of the latest news and developments in the markets, as well as changes in the global economy and industry sectors. This will help you understand the context behind the news and how it may impact the performance of different stocks.
Don’t rely on just one source of news or analysis. Instead, gather information from a variety of sources, such as financial news outlets, industry publications, and market analysts. This will help you get a more well-rounded view of the market and make more informed investment decisions.
Not all sources of news and analysis are created equal. Be mindful of the source of the information and any potential biases that may be present. For example, a news article written by a financial journalist may be more reliable than one written by a market commentator with a vested interest in a particular stock.
Pay attention to the tone and language used in news articles and analysis. Is the news positive, negative, or neutral? Understanding the sentiment behind the news can help you gauge the potential impact on a particular stock or the market as a whole.
There are many tools and software programs available that can help you analyze the sentiment of news and social media posts. These tools can be a useful supplement to your own analysis, but be sure to use them in conjunction with your own research and analysis, rather than relying on them solely.
By following these best practices, you can use news sentiment to inform your investment decisions and make more informed and successful investments in the stock market. As with any investment strategy, it’s important to do your due diligence and carefully consider your risks and potential rewards before making any investment decisions.
"Babbl has been a lifesaver for me. Even the beta version has made a huge difference in my news research process. What used to take me hours per day now takes minutes thanks to their simple news sentiment and watch lists. Something I'd recommend to any investor who feels like they spend too much time keeping an eye on Twitter and news"