Automated traders eye social media sentiment
The Wall Street Journal writes about how hedge funds and proprietary traders are working to automate trading based on social media information and sentiment. Some traders use message boards, StockTwits and Google Insights to “get a handle on the buzz for stocks they are trading,” says the report. Meanwhile, StreamBase Systems Inc. provides tools to [...]
Investors are monitoring the web. Are you?
WEB monitoring services that help investors track online mentions of companies they follow have become an emerging area of innovation as easy-to-use publishing technologies have brought a flood of influential experts to the Internet. Some of the companies offering “deep web” mining services to investors include FirstRain, SkyGrid and EventVestor, while a much larger group [...]
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