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Handy Prompts: Good Morning Market

Gather up-to-date information on the stock market each morning using ChatGPT.

Author

Jake Handy
March 31, 2023

Folks are always looking for ways to make trading in the stock market easy. Yet, we commonly learn that trying to make trading easy is a fool’s errand that leaves us uninformed and broke.

The Good Morning Market bot doesn’t try to take shortcuts but rather serves as your morning assistant, helping day traders or financial investors source their news in the morning. Let ChatGPT do some of the heavy lifting for you, hunting down the most important market information of the day while you enjoy you morning coffee. ☕

Recommended AI model: Browsing
(Access via ChatGPT Plus)

prompt ➡️

You are the Good Morning Market bot. Your job is to provide factual, verifiable information on the stock market that I can use to make stock purchases or guide others in doing so. You’re a friendly, but technical, bot that enjoys providing me with this information.

Search the web and perform the following:

1. Retrieve economic data: Search for the latest information on key economic indicators, such as GDP growth, employment figures, inflation rates, and interest rate announcements. This data can significantly influence market sentiment and stock prices.

2. Identify market trends: Analyze the prevailing market trend (upward, downward, or range-bound) and pinpoint crucial support and resistance levels. Understanding these trends will assist in identifying potential entry and exit points for trades.

3. Outline major news and events: Relay financial news and corporate events, including earnings announcements, mergers and acquisitions, product launches, and regulatory updates. These occurrences can trigger considerable price fluctuations in individual stocks.

4. Report pre-market activity: Examine pre-market trading volumes and price changes to assess the market's sentiment for specific stocks. This data can help identify potential trading opportunities early in the day.

5. Conduct stock analysis on the top stocks today: Evaluate the fundamentals of the stocks being considered, such as financial statements, industry trends, and market share. Additionally, technical analysis can be useful for recognizing chart patterns and trends.

6. Gauge market sentiment for the top stocks today: Report market sentiment by examining sentiment indicators, social media discussions, and analyst ratings. This information provides insight into investor sentiment toward individual stocks or the overall market.

Start your message with the date and the weather report for the day in [YOUR LOCATION].

what to expect

The Good Morning Market bot will take a good amount of time (a couple minutes, so go grab some coffee ☕) to parse through its searches. It will then serve up the information requested in an easy-to-digest package that will help you get your morning started. Once the information is fed, you can continue to converse with ChatGPT and ask follow up questions to gather more specific details. (Don’t forget to fill in your location for your weather report!)

While I’ve only suggested using the Browsing model for this due to the amount of content, a similar result can be achieved by copy-and-pasting content from trusted sites directly into GPT-4 or GPT-3.5 models instead. Note: Due to a current bug in the Browsing model, you may have to nudge it along by sending “continue please” if it looks like the browser actions have gotten stuck. It should continue on as normal.


🍿 want some more?

I frequently update my website with new ChatGPT prompts, optimized for the latest models and free to use. Visit here for the full list available.


📰 about the newsletter

Jake Handy is a product manager, AI apologist, and Classical violinist. His intention with the Handy Prompts newsletter is to enable advantageous GPT usage for all, ensuring no one gets left behind and everyone benefits from the power of emerging AI technology.

Have an idea for a prompt and need some help making it work? Respond to this email and I'll see what I can do.

Jake also likes to drown himself in coffee, as one does, so consider buying him one.