There are a number of reasons people use LevelFields AI:
1) Save time
News comes from many different sources, and they do not cover every stock. What we're trying to avoid is the need to sit on a news site hitting refresh every 3 seconds, sifting through tons of reports/news, and missing a large number of companies because as you are reading about one another is reporting/announcing.
With our alerts, you need not monitor the news. Just set high fidelity event alerts based on dozens of criteria available and get exactly the alert you want that matches your investing style and strategy. For example, if you want to find a large cap stock growing revenues by 15% in the industrials sector that has stock options on it and just raised its dividend, you can set up that alert. You cannot do this with news.
A lot of the events are buried inside reports and not headlines. We run Google news searches against our results all the time. It's not as comprehensive or accurate. And the large news outlets all charge subscription fees as well (e.g. CNBC, WSJ, MarketWatch) and have a bias towards covering the largest companies.
2) Get an edge on the rest of the market
If an event is covered, most days, there are multiple news outlets reporting the same story many hours apart and days apart. This continues driving price action and also can relay old information again and again.
90% of our alerts come within 40mins of the company announcement, and come from the company not the news. But it's important to remember there are many reactions to the same event as not everyone trades at the same time.
Large institutions are not able to move quickly and it can take them hours, days or even weeks to react to an event because they are deploying a lot more capital at once and do not want to move the share price on themselves. Many wealth managers are also not setup to react quickly, as they spend most of their time in meetings.
60% of the market is drive by algorithms, many of them technical. When an event occurs, this sets off a chain of robo-trades. So getting the event before this happens and knowing how long to hold provides a huge advantage.
3) Save money
Most news outlets charge subscriptions. To get comprehensive coverage to the degree we provide, you'd need many different news subscriptions to cover all of the stocks we do.
4) Make money
The events we track affect stocks in different ways. Some affect stocks short term, others mid-term, and others longer term. Likewise, you can use the system to identify events that catalyze stocks longer term or to identify when companies are benefiting from macroeconomic tailwinds.
5) Know how to react
Seeing the event isn't enough -we need to know the direction it will impact the stock, the length of time the impact will occur, and the average impact it has. This provides more advanced decision-making to enable better investing or trading.