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Friday, June 13, 2014

ScienceDaily: Markets and Finance News

ScienceDaily: Markets and Finance News


Stock prognosticators: Finance message board users may be able to predict stock price movements

Posted: 11 Jun 2014 02:07 PM PDT

A new study suggests Yahoo's finance message boards can predict stock price movements. It also found more than two-thirds of the comments had nothing to do with finance. The researchers analyzed 70,000 posts by more than 7,000 commenters on Yahoo's finance message boards from April to June 2011. They determined what sentiment, if any, they expressed about 11 Fortune 500 stocks, either bullish, bearish, or neutral.

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