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Wednesday, June 15, 2011

Can Twitter's Mood Predict the Stock Market?



Can you really use what shows up on Twitter to beat the stock market? The case for being able to do so rests largely on this October 2010 study, published by Bollen, Mao and Zeng, which measured the correlation between “mood states” derived from largescale Twitter feeds and the Dow Jones Industrial Average over time.

See this Reuters article as well.

Have you ever noticed a shift in mood and changed your investment plans accordingly?

Leave me your comments below.

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