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If 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
by blurry 18y ago
If 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.