Social media market sentiment
- This topic has 2 replies, 2 voices, and was last updated 3 weeks ago by
Dan Buckley.
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Hey everyone,
I have been skeptical about how much influence tweets and posts could have on stock prices, but I am increasingly thinking it could be surprisingly impactful.
I recently noticed a sudden spike in positive sentiment on social media, which was then quickly followed by an uptick in the technology stock’s price.
Does anyone here already incorporate social media sentiment analysis into their active trading strategies?
Do you have any specific tools or techniques that you find particularly effective? I’ve seen a fair bit online about a service called TweetDeck.
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