Institutional Investor has an article related to trading on Tweets.
Here is our take on the trading strategy
We are quoted in the article:
“Not everyone is sold. “Do people Tweeting have the money that drives the sentiment? Probably not,” says Wesley Gray, assistant professor of finance at Drexel University and co-founder of quantitative hedge fund Empirical Finance, which trades in part based on the flow of information through private social networks used by professional investors. Gray questions whether the relationship between measures of calm and future market returns makes intuitive sense and, in a recent blog post, concluded that “using mood to predict stock prices doesn’t pass the sniff test.””
Here is a link to the full article, enjoy!
About the Author: Wesley Gray, PhD
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