What is Benzinga Pro Squawk – Receive Stock Market News Updates in Audio Form:
The Benzinga Pro Audio Squawk feature is a live broadcast of key headlines and critical market updates in audio form.
It’s essentially like a radio station that feeds you economic data releases, earnings announcements, new analyst ratings, large volume spikes, company management updates, rumors, new highs in hot stocks, and other critical market-impacting information.
It’s not a constant stream of talking because you never know exactly when breaking news will hit, so there can potentially be minutes of silence or minutes of rapid-fire news updates. It all depends on exactly what’s happening within that minute, hour, or day.
Benzinga Pro Audio Squawk updates are provided by Charles Gross (aka Benzinga Charlie) every day from 6am to 6pm.
Benzinga Pro Audio Squawk Advantages:
For active traders and investors, Benzinga Pro’s Audio Squawk feature can provide some serious benefits:
- Saves Research Time (Points You in the Direction of the Hottest Stocks/Sectors and Most Critical News)
- Saves Screen Space (Frees Up Room to Visually Focus on Other Things Like Looking at Charts, SEC Filings, etc.)
- Convenient For Times When You Need to Give Your Eyes a Break or Take a Few Moments Away From Trading Station
Overall, the Audio Squawk feature strikes a nice balance between personalization and convenience. It can’t be uniquely customized by each individual user like the text newsfeed can, but it offers a high level of convenience to make up for it.
Benzinga Charlie makes an effort to share only the news updates that he deems most important at the time. He refrains from sharing every little insignificant thing – otherwise the Squawk feature would be jumbled, confusing, and useless for everybody.
Benzinga Pro Audio Squawk Disadvantages:
As convenient as the Audio Squawk feature can be at certain times, there are also some disadvantages:
- Lack of Personal Customization (Only Things You Can Control Are Whether it’s On/Off and the Volume)
- Can Potentially Be Distracting (Don’t Know When There Will Be a Sustained Flow of News or Periods of Silence)
Unlike the text newsfeed that can be customized in numerous ways based on the specific types/categories of news, market sectors, and even specific watch lists you want to receive updates on, Audio Squawk is not something you can personally filter.
It’s either muted or unmuted, and from there, all you really have control over is the volume. It does a solid job of keeping you posted on the most important pieces of news, but if fully relied upon, you run the risk of missing something pertaining to your specific approach.
Luckily, you can also use other features, like alerts, to make sounds when news or other updates occur based on specific parameters.
Benzinga Pro Squawk Reviews and Testimonials:
The following quotes are a couple Benzinga Pro reviews and testimonials related to the Squawk feature taken from TrustPilot:
Fantastic news on the market delivered uncluttered and in a timely fashion. If you are an active trader or day trader, this can make all the difference! I wasn’t sure at first if this would be worth it, but I am up over 20K in 1 week from just the info I got in the form of a Squawk from my membership with them. – Jim P.
The best tools to take on the markets in one place! Benzinga Pro has every tool that any kind of trader needs with its well structured interface. The news is fast and the Squawk radio feature is very helpful in making trading decisions on the fly. I would highly recommend this service to anyone that’s ready to tackle the markets. – Walter G.
Use Audio Squawk in Conjunction With Other Benzinga Pro Features:
For maximum benefit, I believe that the Benzinga Pro Audio Squawk feature should be used in combination with other great features like Newsfeeds, Details, Calendars, Watch Lists, Scanners, Signals, Alerts, etc.
Just to give a basic example, if Benzinga Charlie reports news on a stock or sector that seems negative – it doesn’t automatically mean you should short the stock immediately. And the same goes for the opposite – seemingly positive news doesn’t automatically mean you should pile into a long position. In most cases, it would be prudent to do some additional research using the Details feature.
From there, you can understand key technical levels, company fundamentals, how the stock is reacting to the news, and make an informed decision/plan. The mix of features are offered for a reason: so that you can perform proper due diligence.
Overall, Benzinga Pro is the most robust and affordable real-time stock market news and due diligence platform for retail traders.
Please share your comments, questions, or experiences with Benzinga Pro Audio Squawk or any other features below.
Written by Matt Thomas (@MattThomasTP)
- Benzinga Pro Review – Is it the Best Live Stock Market Newsfeed?
- Benzinga Pro Frequently Asked Questions (FAQs)
- How Does Benzinga Pro Work – Is the Platform Worth it?
- Benzinga Pro Pricing – Get Discount Codes and Coupons
- What is a Stock Market Newsfeed and Which One is the Best?