CNBC and Bloomberg

[moneymaker]

Anybody else watch these channels? I used to like to but lately they seem to be running redundant tickers. Apple might be a big stock but don’t think I need to know where it is every 15 seconds CNBC. Bloomberg just seems to want to show the major index’s just like every 30 seconds,there is more going on out there than the DOW or NasdaQ. Like what is the exchange rate between USD-MXN, is it a good time to go to TJ?

[spdrun]

Who cares about the tickers? All of that info is available online (in non-delayed fashion). You can create a customized dashboard to display what you want.

Tickers on CNBC and whatever else are irrelevant in 2015.

[moneymaker]

Agree with you spdrun which is why I’m wondering why these TV channels waste screen time for basic stuff. Who are they trying to target?

[Hobie]

low information voters. good street cred.

[joec]

I watch bloomberg all the time. I don’t look at the tickers or stock quotes though. Why not just open some auto-updating stock thing for all that?

I like the political show, With All Due Respect.

I tend to watch that more than anything else I’ve noticed (more funny/interesting to me).

[Anonymous]

When I was trading CNBC was on constantly on every floor and office in NYC. That was back in the late 90’s and early 2000s. Nobody used CNBC for market data – it was just on in case there were any significant news events like trading halts, natural disasters, etc. CNN would have served mostly the same purpose, but CNBC was just a thing.

I had not been on a trading floor in years but was back in NYC last week to do some consulting. It’s still there, on the monitors hanging from the ceilings (without sound.) Mostly the same characters although they look much older now (and the traders look so much younger … how did that happen?) Maria Bartiromo (sp?) is gone but she never knew what she was talking about anyway (looks like they replaced her with some Asian gal who is much hotter.) I noticed that Cramer gets way too much airtime these days. Seemed like he was on every other time I looked at the screen. That guy is a douche.

(Typing this from the plane … couldn’t do that back then either)

I guess it’s still just a thing.

[FlyerInHi]

I have friend who must have CNBC and Bloomberg and that’s the only reason he subscribes to cable. He’s a pretty good stock investor whereas I prefer real estate. He’s up to date with what’s going on in corporate America.

He’s still a renter and can’t bring himself to buy a house despite my prompting (kinda late now) because he’s useless when it comes to maintenance and setting up a nice home. 1 bedroom rental is fine by him.

I think those shows are funny. To relate to the topic of masculinity, those guys barking about finances are really substituting money for muscles.
In comparison, the nightly business report on pbs has a softer edge.

[joec]

You can tell your friend to just stream both shows and dump his cable…

[FlyerInHi]

Is there a reliable free stream?

[phaster]

the S/N (signal to noise) ratio of just watching CNBC or Bloomberg for financial news is limited

we’re (like it or not) in a global market and as such its helpful IMHO to get a feel for the global perspective, so personally I not only sample CNBC and Bloomberg, but the BBC, PBS, al jazeera news, and RT, etc.

anyone else have an iPad/iPhone? if so you what I did is build something akin to the news app which is part of the new iOS

basically what I do for example with RT, which has business related shows like:

https://www.rt.com/shows/keiser-report/

https://www.rt.com/shows/boom-bust/

and al jazeera with its business program:

http://www.aljazeera.com/programmes/countingthecost/

and/or the NBR (mentioned by FlyerInHi)

https://www.youtube.com/user/NBRbizrpt/videos?spfreload=10

is cache the latest streams of the shows (which are just .mp4 files) and play them back with the VLC media player (because it has the ability to speed up playback)

this way I can get the strategic over of what’s happening with video clips in much less time than if I just went to the web site and watched the segment with a browser

BTW showed my niece this trick and now she speeds up learning stuff published by kahn academy, etc…

one other trick I use is to watch science programs on the web by PBS like “nova” and videos published by the smithsonian channel is to use airplay which is a feature found on apple TV (basically this mirrors the .mp4 files played back with VLC on my MacBookPro and displays it on my TV which has a much bigger screen as well as a better sound system)

[FlyerInHi]

I don’t have the skills to build such an app.
I would be nice to have a channel that plays selected financial shows from different sources everyday.

Someone told about Kodi, but I haven’t had time to look into it. Apparently, you can watch broadcast from around the world for free.

[Doofrat]

Great topic, I’ve always wondered what the significance of the ticker was in today’s world (today meaning the last 20 years or so that they’ve had computerized quotes widely available). I think it’s just window dressing.

As far as Kodi goes, don’t rely on it for streaming live TV. You’ll spend a bunch of time getting live TV set up, then something changes and it all breaks, not worth it at all (time wise I mean, $ wise it’s practically free). Kodi is great for movies and TV shows you can’t get on iTunes, but it’s still easier to just buy it from iTunes than “evaluate” it on Kodi. Also, if you’re interested in Kodi, look into getting it running on the Amazon Fire stick using debugging mode. I run it on Pi, but that’s a pain to get it working. If I rebuilt it, I’d do it on the Fire stick.

[Anonymous]

Yup, the ticker on the “financial” stations is just window dressing.

The ticker shows the fill price – a trade that has actually executed. It can give an indication of a price trend but the utility of the ticker is severely limited because it represents the past. The “price” has likely already changed by the time the ticker data appears.

At any given point in time, price is different for buyers and sellers. Any serious trader needs to know the bid and ask prices. For retail investors the spread between bid and ask is usually not interesting, but for professional traders it matters.

[flyer]

Agree the ticker is a nice touch, but of limited value. Since becoming so involved in real estate and film investment years ago, we’ve been in and out of the stock market. Have had a few losers over the years, but the tech stocks we’ve kept, along with some vintage stocks like KO, JNJ, TGT, JCI, etc. have made the game worthwhile.

[FlyerInHi]

Doofrat, what is Pi?

I know a German guy who runs Kodi on the Amazon Fire. Apparently it works well to watch TV from overseas, not available in USA. Most “legit” broadcast streams are limited by region.

You can download (for better clarity) rather than stream to evaluate…. But I don’t have time for that… Netflix, Amazon, Hulu, YouTube is more than enough for me.

CNBC/Bloomberg should have a daily recap on YouTube, just like the PBS Newshour. I love to watch on demand.

[Author]

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