tweeting algorithms
yet more fun with algorithms:
Researchers at Indiana University-Bloomington were looking at Twitter to see if language analysis could be used on the social network to gauge public mood. The assumption was that the public is generally happy after days where the stock market goes up and generally upset after days where the stock market tanks. They used the tumultuous recession in 2008 as the main data.The results didn’t exactly meet the researchers’ expectations. Using standard word analysis used in medical research to determine the effect of pharmaceuticals, the moods measured on Twitter lined up with stock market movements — but three or four days in advance of those movements rather than as a result of the market activity.
According to the research, the mood on Twitter, qualified as “anxious” or “happy,” when added to a test algorithm based on stock market patters, improves the predictability of the stock market from 73.3 percent accuracy to 86.7 percent accuracy, a significant improvement.
happy tweeting!
happy tweeting!
http://www.consumerismcommentary.com/using-twitter-to-predict-the-stock…]
Do you really think that 90% of Americans even care about the stock market? They get there market news from MSNBC/FOX NEWS/CNN
The headline about this article on the mentioned news programs will probably be YOUR TAX DOLLARS WENT TO FUND DATA MINING ON YOUR TWEET FOR WALL STREET GAINS~~!
The big players that move stocks keep there mouth shut as to not give positions away,
HEY GUYS I I'M GOING TO BE BUYING UP SHARES OF MS TODAYI WANT ABOUT 200,000 DON'T FRONT RUN ME THX @traders
get real!
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