One of the most important things to consider when you look at news is whether it is accurate or not ๐
After all, reporters don't always tell the truth!
Say you read a news report about a certain stock. ๐ข
You decide to read a few other news articles from other sources, and find out the original news report was inaccurate. ๐คฆโโ๏ธ
This is super common, so itโs important to always perform your own verification and not take any information at face value. โธ๏ธ
When analyzing stock market news, one factor to look into is the source of the information. ๐ฃ๏ธ
In general, avoid any news from non-reputable sources, like small publications, blogs, and ESPECIALLY influencers!
Itโs also important to consider the context of the news.
Is the news relevant to the current market conditions? ๐๏ธ
Timing also plays a big role in accuracy. โฐ
Is the news up to date? Does it take into account other things that happened recently? ๐ค
Analyzing the accuracy of stock market news can seem like a daunting task, but by putting a little more time into research and verification, you can make better decisions. ๐ช