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17 February 2012

Could Twitter Predict the Stock Market?

"Usage of social media like Twitter has exploded in recent years, giving analysts a real-time reflection of popular sentiment. As a result, MarketPsych serves up reams of data to hedge funds (which swear Peterson to secrecy) and research firms like Titan Trading Analytics. Peterson even plans to roll out a hedge fund of his own."
Posted by John Jaeger at 9:43 AM
Labels: Business and Technology, Social Networking, Twitter

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John Jaeger
Doctoral Research and Reference Librarian at Dallas Baptist University
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