As someone who's stared at market news announcements for years, it's not that easy, even with the data. I've never traded on insider info (and neither should you!) but even when I had it, I didn't think it was that obvious which way things would go.
Often the market moves the opposite way of what you'd think, given the news. Any these can be reasonable:
"Rates went up, and that means firms will have a hard time borrowing, which lowers investment spending"
"Rates went up, but the market (risk assets) also went up because it's a sign the economy is healthy"
"Earnings were up, but people were hoping for a surprise"
The other entertaining one is when a CEO gets fired because of bad performance, and the price shoots up. Oh, the ignominy.
Often the market moves the opposite way of what you'd think, given the news. Any these can be reasonable:
"Rates went up, and that means firms will have a hard time borrowing, which lowers investment spending"
"Rates went up, but the market (risk assets) also went up because it's a sign the economy is healthy"
"Earnings were up, but people were hoping for a surprise"
The other entertaining one is when a CEO gets fired because of bad performance, and the price shoots up. Oh, the ignominy.