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289 points GodelNumbering | 1 comments | | HN request time: 0.254s | source

(* within a few minutes of SEC filing)

Currently does it for 1000+ US companies and specifically earnings related filings. By US companies, I mean the ones that are obliged to file SEC filings.

This was the result of almost a year long effort and hundreds of prototypes :)

It currently auto-publishes for 1000 ish US companies by market cap, relies on 8-K filing as a trigger.

e.g. https://www.signalbloom.ai/news/NVDA will take you to NVDA earnings

Would be grateful to get some feedback. Especially if you follow a company, check its reports out. Thank you!

Some examples: https://www.signalbloom.ai/news/AAPL/apple-q1-eps-beats-desp...

https://www.signalbloom.ai/news/NVDA/nvidia-revenue-soars-ma...

https://www.signalbloom.ai/news/JPM/jpm-beats-estimates-on-c... (JPM earnings from Friday)

Hallucination note: https://www.signalbloom.ai/hallucination-benchmark

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dheera ◴[] No.43677808[source]
I've been wanting to build a stock trading bot but my general findings were that stock move direction was largely uncorrelated with news of these sorts. Moves happen, but unfortunately it often happens that really good news can be put out and the stock just crashes.
replies(1): >>43677847 #
1. xwolfi ◴[] No.43677847[source]
I swing trade on the side, and tbh news don't matter - manually all I do is have an opinion on an absurd price range, I do a buy order at the low end, it eventually fills, I set the sell order at the high range, and one day it'll fill. If I want to earn while waiting, I do options.

Automate this maybe ? Don't follow the news because you'll never fully understand the implications: firing half the employees could be good news because it relieves cash stress or bad news because it means no more sells of the company's product. Better to at least just look at the post-news trend and position with it?

I think most people end up with a timing issue: they want to predict time of the change of movement but why don't they just predict the price ? Remove time, and you'll never "lose money" - but your time-value will maybe be less efficient than positioning on an ETF and waiting.

Basically, if one could do a trading robot making profit overall, based on public news, it would already be done, and therefore you would be unable to compete. Flash news, it's already been done. You're like a little cell appearing in an ocean of sharks, the evolution of your competition already outpaced you.