NewsMiner Review

We highly recommend you check out

the Top 10 Traing Systems 2016!

Gecko Software, Inc.

271 N. Spring Creek Pkwy. Ste. AProvidence, UT.  84332  USA



Product:NewsMiner, Software designed to scan and rank major news networks for top financial stories. Includes 3D heat maps, charts, and news.

Requirements:  WinXP/Vista/7/Mac OSX/Lynix200 MB free hard disk space, 1024×768 screen resolution (minimum) Larger recommended.RAM 2GB (more is better).  Requires Internet connectivity, CPU: 2.4 GHz or higher.

Price:  $98.00 includes, Stocks, Futures & Forex, news scanning and ranking capabilities, with no monthly fee.

by Kent Kofoed, PitNews Magazine

The NewsMiner software is a software program that allows you to “trade the news” by giving you the ability to mine through breaking news in stocks, futures and forex, as well as sort through the breaking news utilizing a range of sorting criteria. The basic concept underlying the NewsMiner software is that the quicker you are able to sort through the relevant breaking news and key information of the markets that you follow, the greater your information edge will be and, subsequently, the more informed your trading decisions will likely be.

NewsMiner allows you to quickly dig through breaking news and key trading information, while avoiding the market “noise” that is less pertinent to your trading decisions. After digging through the relevant information, you will see what topics are being covered in the news. By default, the software ranks the results in order of popularity and, in addition, you also have the option of listing the results by symbol, name, market (which includes stocks, futures, or forex), or by the number of articles that have been written recently, about each specific result. The software allows you to pick which of the markets you are interested in digging for news, and you are able to do so, on either an individual basis or grouped together. In addition to sorting the news, the software allows you to view the results in a couple different ways, which is either as a table or as a packed word cloud (as a quick side note, with the packed word cloud option you are unable to sort the results but you are able to pick which asset class you would like displayed). After you have chosen the assets from each market that you are interested in, you can further sort the news by date, either choosing the day’s news or all of the news, and you can then access the news simply by double-clicking on the article that you would like to view. The last sorting option that the software provides is a “heat map” that allows to you visually sort through the news, making it easy to recognize what direction the markets, and your search results, are moving.One of the main benefits of the NewsMiner software is that it helps you dig through the news quickly, by providing standardized screening criteria and letting you further refine your results by quickly selecting any of the multiple sorting parameters. To show you how easy the NewsMiner software is to use, I am going to give an overview of one of the simulations that I ran when reviewing the software.The first selection that I had to make was to decide which markets I was going to scan for news in. I decided to scan for news in all three of the market options and, since all three markets are selected by default, I clicked the “Dig Now!” button and let the software begin the digging process. The scan took approximately 50 seconds, which seemed appropriate for the number of articles that showed up in the results, which was a total of 688 articles. Since I wanted to view news of assets from each of the market categories I decided to sort the results by clicking on the market tab (see Figure 1-1).


Figure 1-1

There was only one currency pair listed for the forex market, which was the USD/EUR currency pair, so I double-clicked the result and added it to the “active” portfolio (this can also be done by clicking the “Add Selected to Active” button at the bottom of the results). Next in line was the futures market, with crude oil having the highest “popularity” rating, so I double clicked this result adding it to the “active” portfolio. In order to round things out a bit, for the futures market selections, I added the S&P 500 Index and the 10-Year Treasury as well. The last market was stocks and, in order to try and produce a variety of results, I decided to try a couple different selection strategies. I added Apple, Intel, and Bank of America to my active portfolio since each of these companies have been in the news quite a bit recently, in order to see if there was any new market-moving news that was impacting prices, and I also added the less-followed (and less frequently traded) stocks of Conn’s, Bio-Rad Laboratories, and Asbury Automotive Group, in order to see what the market-moving news was and if the news could potentially be viewed as a catalyst that could lead to a trend reversal. Now that I have selected all of the results that I would like to view breaking news for, I am now in the “Step 2: Portfolio/Charts!” tab where I can see the chart of each of my active selections. In addition to the charts of my selections, the breaking news articles are also listed, on the right-hand side, with the most recent articles shown first (see Figure 1-2).


Figure 1-2

 Since I have quite a few assets to go through, I decided to narrow down the results by clicking the button named “The Days News” instead of the “All The News!” button. After clicking on the EUR to USD chart, the related news popped up so I scanned the headlines to see if there was any breaking news that was of interest and quickly found an article that looked like it would cover the information that I was looking for. I double-clicked the headline and my browser quickly opened up, and I was brought to the article, which was written by After quickly reading the article, and finding what I was looking for, I moved on to Crude Oil since it has been rather volatile and all over the news recently, to see if there was any new information that I wasn’t aware of showing up in the headlines. After a quick scan, I double-clicked one of the articles and the Reuters website opened up, along with the article, which covered the weekly data report from the American Petroleum Institute. Since I have been closely following Crude Oil lately I decided to spend a little more time reading the article, which contained a significant amount of information ranging from the API data that was released today to the number of U.S. crude imports that was released last week. After I finished up the Crude Oil article I looked at the next row of charts, which included the heavily-followed stocks, I noticed that both Intel and Bank of America closed down today but Apple had closed in positive territory, so I decided to look at Apple’s news to see what was causing the divergence of its price action with the market’s action. After quickly scanning through the headlines I noticed that Bio-Rad Laboratories, one of the less-followed stocks that I had selected, was also included in one of the Apple articles so I decided to take a look at that article, in order to try and save some time. The article was from the San Francisco Chronicle website, and provided quick summaries of companies that had unusual price action today, as well as the breaking news that was the cause of the price action. Looking at the last row of my selections, which includes the less-followed stocks, I decided to look at Conn’s Inc. since it had the largest move of the day, excluding the move by Bio-Rad Laboratories. After another quick scan of the headlines I realized that the move today was earnings related, and after I double-clicked the headline that I was interested in, I was sent to the Bloomberg website where there was an article that provided information on today’s earnings releases.In addition to viewing the news of the selections that were made previously, you also have the ability to either enter a stock symbol or pick from one of the futures, or forex, symbols. This feature is extremely beneficial, whenever a stock/future/currency symbol that you are interested in is not listed in the results, because you can quickly look up any of the breaking news that has been published recently. After adding two additional symbols to the screen (which included both a stock and an ETF that I am currently following) and deleting a couple of the stocks that I am not longer interested in, I saved the results as group so that I would be able to easily continue following the breaking news of my selected symbols.The third tab is the “Step 3: Heat Maps” tab where you are able to view a heat map of your selected symbols and, in addition, if you click on any of the symbols you will see a table with symbol-specific information such as the percentage change and the high/low of the day. You are able to sort the heat map results by the percentage price change of each symbol (in either ascending or descending order), which is helpful when you want to quickly see the relative price performance of the symbols that you are following, or by alphabetical order (also in either ascending or descending order), which is useful when you are following a large number of symbols and need to quickly see the price performance of a specific symbol. The heat map also allows you to view a heat map of the S&P 500, the Nasdaq 100, the Dow Jones Industrial Average, or any of the groups that you have previously created (see Figure 1-3).


Figure 1-3

 This is extremely valuable because it immediately gives you a sense of the relative performance of the market by providing a visual representation of the number of stocks that are trading higher, lower, or flat for the day, instead of only providing the average percentage price movement of the market for the day. For example, just by looking at the S&P 500 heat map I am quickly able to see that an overwhelming majority of stocks are trading lower today, as well as which stocks are currently leading the market and which stocks are currently lagging the market. That’s it! In as little as a few minutes you will be up-to-date with the relevant information that is essential to every profitable trader.In summary, NewsMiner is definitely a must-have for any trader who wants to efficiently follow the breaking news that moves markets daily and provides many potential trading opportunities. Instead of spending hours switching between multiple websites, and continually entering the exact same symbols multiples times, you can use NewsMiner to consolidate all of this information into one easily accessible, sort-able software platform. The most beneficial aspect of NewMiner, in my opinion, is the time that it will save and the opportunities that it can present, which the average trader will likely miss. This could, potentially, provide an advantage by helping cut news-related losses quicker, or enter a position relatively quicker whenever positive breaking news hits the wire, and by giving each user the ability to potentially save extremely valuable trading capital, as well as loads of time, NewsMiner can help any level of trader focus their much-needed resources in the most appropriate places, while maximizing their internal rate of return.For more details regarding NewsMiner, you can visit them online at: www.NewsMiner.Info

WinningTradeSystem Review
Top 10 Trading Systems

Leave a Reply

Your email address will not be published / Required fields are marked *