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> For instance knowing how many searches there are a day for "is AAPL overpriced" vs. "is AAPL underpriced" you'd have data that would begin to correlate to mar
by chollida1 16y ago
> For instance knowing how many searches there are a day for "is AAPL overpriced" vs. "is AAPL underpriced" you'd have data that would begin to correlate to market value - with enough data points you could make some pretty darn educated guesses about what a given stock would do.
You may be right but the only thing that really moves the market is the large institutional funds. None of these funds are going to do a google search for "Is apple overpriced" and then say OMG we've got to sell apple now.
- Create 16y agoFact: some non-US companies explicitly forbid their people to search using google, especially patents through google's service.
- illumin8 16y agoYou're right of course, institutional traders are not searching Google or Yahoo Answers for "should I buy or sell AAPL?" However - strong analytics could tell you some interesting habits if you analyze search strings coming from IP blocks known to be used by said institutional traders. For example, I imagine institutional traders do a lot of research on companies before taking a position in them - this research might show up in search analytics data and Google traders could place a position before the institutional traders do. Would this be considered illegal by the SEC? I have no idea, but I could definitely see Google doing this.