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.