Benzinga Review: With Benzinga Pro, you get Full news-feed access, options alerts, price/volume movers, rumors, analyst ratings, floor trader commentary, and proprietary trading ideas. Also, Benzinga analyst ratings, economic calendars, audio news feed, sentiment indicators, and even chat with other traders and the Benzinga news desk!
Table of Contents
Benzinga Review Introduction
In this Benzinga Pro Review, we will discuss how we use the BZ service to make more informed trades daily, year after year. You can’t beat Benzinga’s value as a tool in your bag, especially regarding real-time scanning and finding the catalyst behind the move. Here at the Bullish Bears trading service and community, we believe that active day traders, swing traders, and investors should have access to news and information in an organized and timely manner to help them be consistent.
Benzinga is your ally on the trading battlefield. Just look at the Benzinga review articles online, and you’ll see they are one of the most trusted breaking news websites in the stock trading industry.
How to Use Benzinga Pro
- Scan for breaking stock news on both small and large-cap stocks
- Scan for trade signals
- Chat room to network with other traders
- Listen to live Squawk for instant audio of breaking news
- Check the earnings calendar daily or weekly
Alright, Let’s use the new car example. When you want to purchase a vehicle, you might ask yourself, what’s under the hood? What kind of engine is powering this car? Similarly, you probably ask yourself, what’s powering Benzinga Pro’s service?
For starters, Benzinga Pro is a media outlet focusing on the trader. So everything it does is focused on helping you! It does this using powerful frameworks called React and Redux.
These are codes that are on the top of JavaScript. React was a framework originally developed by Facebook to create an extremely easy-to-adjust interface. What does that mean?
Read other Benzinga review articles to get other people’s opinions. Check out a list of the top trading companies.
COURSE | |||
---|---|---|---|
DESCRIPTION | Learn how to read penny stock charts, premarket preparation, target buy and sell zones, scan for stocks to trade, and get ready for live day trading action | Learn how to buy and sell options, assignment options, implement vertical spreads, and the most popular strategies, and prepare for live options trading | How to read futures charts, margin requirements, learn the COT report, indicators, and the most popular trading strategies, and prepare for live futures trading |
INCLUDED | Daily watch lists • Trade rooms • Trading scanners • Discord • Live streaming Day Trading > | Daily watch lists • Trade rooms • Options scanners • Discord • Live streaming Options > | Futures target levels • Trade rooms • Real time teaching • Discord • Live streaming Futures > |
Benzinga Pro News Feed
It means you are getting access to Benzinga via web browser on ANY device and are getting a very RSS feed type experience or software-like experience.
The Benzinga news feed updates in real-time, without you needing to constantly “refresh” your browser to view the latest news or alerts.
Specifically, this framework is why Benzinga Pro is a lightning-fast news feed service enjoyed by traders, research institutions, and asset managers. It makes the interface run smooth as butter.
At any rate, if you’ve been trading awhile, you know that news moves markets—all types of news. Thus, learning the patterns created when news hits is key for traders and investors to maximize an opportunity.
Benzinga gets the news to you before the rest of the herd, both in visual and audio format. Next, once you open it up, you’ll be greeted with the welcome screen that lets you pick your strategy.
Do you want to spend the time charting, setting your orders, googling news, filtering, clicking back and forth, and having multiple browser tabs open?
Or do you want everything on one platform? Charts, News, Audio, earnings, chat room and more? Make it simple. Trading is hard enough; why complicate things? Right?
Customization
Everybody loves the most popular feature…the news feed. You can tailor your criteria by source or where news comes from.
Category or what particular market section do you want to look at? Commodities? Forex? FDA? Futures? Maybe Tech?
You name it; there is a category for it. Also, you can filter the entire news feed built around your custom watch list built-in Benzinga Pro.
Most importantly, once you set up your news feed, you’ll get a scrolling feed of tickers based on your selected criteria.
Just so you know, if the symbols are green, the stock is up for the day; if it’s red, it’s down for the day. Pretty self-explanatory.
What is cool is that if you hover over the ticker, it will tell you its daily change and the “change since publish,” showing how much the stock has reacted since the news hit.
Benzinga Pro Squawk Review
There is a feature in Benzinga Pro called Benzinga Pro Squawk that audibly reads breaking stock market news in real time! As we know, sometimes traders are inundated with multiple tasks at once. This could be juggling things like reading a chat room log, watching several stock charts, and watching a scanner.
Charlie” reads different types of breaking news, block trades, and economic news alerts, with results, extreme volume, halts, and more. Other Benzinga Pro reviews rave about the Squawk feature.
Above all, these types of audible news alerts are great for spotting market-moving price action. So it’s well worth paying attention to if you are a trader looking for a reaction. Why? Because you want to keep your hands and eyes free and utilize your sense of sound!
In addition, if you liked our Benzinga review and want to test-drive it – you can do so here. We also have a 25% discount code for you, which is case sensitive “bullishbears25”.
Time Frames
The settings can also scan for specific time frames – as some of you reading this are day traders and maybe like the 15-minute charts vs daily charts.
Set your prices – penny stocks? Sure – the big boys like $AMZN and $GOOGL – you can filter and only find stocks to your preference. The screener will auto-refresh every minute, scanning for changes, or you can freeze it when you find your niche.
You can also set desktop alerts and customize the sounds for particular stocks with particular news. It’s extremely helpful so you don’t miss important breaking news or a setup you like.
When reading other Benzinga review articles online, you’ll see how much their customers like their setup and breaking news features.
Final Thoughts: Benzinga Review
We like that you can quickly sort by price range and then organize by volume. For example, when looking for stocks to trade intra-day, we will look at the 15-minute scanner setting and scan for stocks between $5 and $20.
Moving on, we’ll sort by volume and look at the top-volume stocks. Next, double-click the symbols to pull a quote and glance at the chart, news, financial data, etc.
Also, Benzinga Pro has another pretty neat function. If you want sound alerts for specific types of breaking news, you can head over to their alert page and custom-tune the alert page to your liking. You’ll get a sound on your desktop, and if you’re away from your trading station, you will get an email notifying you of the alert triggering.
A good example is if you’re a biotech trader waiting for FDA news, set your sounds and email alerts, and always be ready when breaking FDA news hits! As any day trader knows, preparing for when news hits is the most important part of momentum trading.
Frequently Asked Questions
Benzinga is a stock news service that offers stock research, business news, stock quotes, financial news, trade ideas, alerts, and stock research.
Benzinga Pro's "Basic" plan is $99 per month, and their "Essential" plan is $177 per month. 20% annual discount available.
Investors cannot purchase shares of Benzinga because the company is privately held.
Benzinga is a good service for investors looking for a full-service news and media service to find trade ideas.
Benzinga is owned by Beringer Capital, who purchased them on Oct 25, 2021.
Benzinga Research is a legitimate service used by thousands of traders. It provides real-time alerts, news, insider block trades, and options signals.