Does market/news sentiment actually matter for day trading?

Question

Hi everyone, I'm brand new to trading, and ive been kind of overwhelmed by all of the different tools / dashboards, and I don't know what to pay attention to regarding news / overall market sentiment.

For people here who are experienced and actively day trade,

  • do you guys actually look at the news / market sentiment?
  • based on your experience have these sentiment "scores" been accurate and actually affect the market?
  • or do you guys just trade off of price and indicators etc?

Im just trying to understand what is genuinely useful. I would appreciate any advice.

Posted Jan 14, 2026, 3:14 AM UTC

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