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Thanks! Agree that most of the news are fluff or something that is already expected by the market. But there are events that have profound effect on the stock a
by gaika 18y ago
Thanks! Agree that most of the news are fluff or something that is already expected by the market. But there are events that have profound effect on the stock and we try to identify them.
- blurry 18y agoIf you want to talk about events that have a profound effect on stocks, it would be tremendously useful to add trading volume high/lows to your charts. I don't mean trading volume in general but rather exceptional events, like a hedge fund or an institutional owner unloading a bunch of shares for example. You could compile a history of NYSE Arca trading spikes/dips as one source (http://datasvr.tradearca.com/arcadataserver/JArcaBook.php?Symbol=V http://datasvr.tradearca.com/arcadataserver/JArcaBook.php?Sy...) and there are probably several others. Those are true movers and would add tons of credibility to your tool by showing what I'd expect to be a near 100% correlation. Another not-so-crazy crazy idea would be to plug amazon's mechanical turk worker bees to track stock mentions on Jim Cramer's Mad Money and plot that into your charts. I am not suggesting this for the actual usefulness but rather as a gorilla SEO/marketing trick. I once consulted for a company that does online doll dress up games and it occurred to someone to create a Hannah Montana doll. That basically made them. Little girls search for Hanna Montana, see the Hanna Montana dress up game, and voila, they go from several thousand to 2MM+ registered active users (with paying parents) in several months. I really think Jimmy C could do the same for you.