Separating the Market-Moving Tweets From the Chaffread more
#Making Money In Social Mediawatch video
Tools Help Investors Wade Through All the Chatter on Twitterread more
Trading Text and Sentiment Analysis
Social Market Analytics (SMA) creates actionable intelligence from social media data by filtering out the noise to deliver clean data on sentiment for financial markets. More specifically, it produces a family of metrics, called S-Factors, designed to capture the signature of financial markets sentiment.
A Little Birdie Told Me: Playing the Market on Trump Tweets
The president “is a volatility machine,” said Joe Gits, the chief executive of Social Market Analytics, which produces automated analysis of social media for professional investors. “He generates more volatility than anything in the world right now, so these stocks are going to move one way or the other.”
Why Chicago trading firms have a Twitter crush
SMA culls Twitter feeds, including posts by people in the StockTwits trading community, for positive or negative remarks on specific stocks and delivers that as a metric to its customers.
When Trump tweets, Wall Street trades — instantly
The jaw-dropping speed at which certain stocks have moved in response to Donald Trump’s tweets about corporate America makes it seem as if Wall Street already was waiting for the president-elect’s words. It was.
CBOE Launches Second Social Media Benchmark Index
Chicago Board Options Exchange (CBOE) has launched the CBOE-SMA Large-Cap Weekly Index (SMLCWSM Index), the second in a series of sentiment-based strategy benchmark indices designed to capitalise on short-term market momentum based on Social Market Analytics’ (SMA) social media metrics.
When Donald Trump Hate-Tweeted Lockheed Martin, Hedge Funds Were Ready
Even before Donald Trump went on Twitter and posted his market-cratering tweet lambasting Lockheed Martin‘s F-35 fighter jets, the company’s stock was already falling.
Twitter’s New Followers
Can you trade off of Twitter? The Chicago Board Options Exchange and its partner Social Market Analytics (SMA) believe so.
Tweet trades: CBOE launches benchmark index based on social media sentiment
Produced in partnership with Chicago-based Social Market Analytics, the CBOE-SMA Large Cap Index (or SMLC Index) formally announced Monday is being touted as the first of what is expected to be a series of sentiment-based strategy benchmark indexes that will aim to measure short-term market momentum.
SMA Predicted the #BrexitVote 2 Weeks Before Everyone
People seem surprised that Britain voted to exit the EU. We at SMA with our partners the CBOE are not nearly as surprised. Russell Rhoades from the CBOE has been blogging and Tweeting with SMA data for two weeks that it looks like the Brexit is going to happen.
CBOE to Develop Series of Social Media-Based Strategy Benchmark Indexes
Chicago Board Options Exchange® (CBOE®) announced today that it has entered into an exclusive licensing agreement with Social Market Analytics (SMA) to develop a series of sentiment-based strategy benchmark indexes based on SMA’s social media metrics.
Follow the Twitter Feed To Fat Returns
Social media platforms have gained prominence when it comes to investing partly because traditional information sources, such as newspapers and newswires, are no longer always first with the news.
Twitter Can Help You Cash In on Corporate Earnings
The collective 'wisdom of the crowds' on Twitter can beat Wall Street in predicting corporate earnings and helping you make smart stock trades, a new report says.
Joe Gits, Social Markets Analytics "How Twitter Moves Markets And Traders"
Today's financial technology dialog is often about a word you don't usually associate with it - democracy - bringing software, data, reporting, testing and trading to the masses. And it's not just one size for everyone - its customizable too. At the FinTech Exchange 2015 Chicago event, 13 firm executives spoke during its lightning round.
This is how hedge funds see market moves before the rest of us
Joe Gits, CEO of Social Market Analytics, explains to Crain's how Twitter data is extracted and parsed to get meaningful sentiment information
Nasdaq Takes Blame for Twitter’s Earnings Leak
Twitter TWTR -0.03% got a taste of its own broadcasting power today when a Web crawler found and shared its earnings on the social-media service nearly an hour before its intended release....
From Icahn to 'I can' social trading takes off
"Twitter is great. I like it almost as much as I like Dell,” Carl Icahn, the activist investor, exclaimed when he made his debut on the social media platform last year. He now counts 190,000 followers who hang on his every tweet. In finance, as in ...
StockTwits Selects Social Market Analytics to Provide its Active Traders With Enhanced Tools to Beat the Market
Partnership will deliver near real-time signals from Trader Conversations on StockTwits Platform.
Real Money with Ali Velshi
Social Market Analytics CEO, Joe Gits describes the process of harvesting Twitter to provide social media sentiment.
Markit Enhances Factors Suite With Social Media Indicators
Markit study confirms social media sentiment measures are effective signals of future stock performance.
Benzinga Pre-Market Info
Joe Gits, CEO & Founder at Social Market Analytics speaks to Benzinga during the pre-market info segment on 5/07/14.
Big Data Technology That Beat The Market By 50 Percent In 2013 Now Available To Day Traders
Active Individual Traders Now Have Access to the Same Up-to-the-Minute “Sentiment” Signals Available to NYSE Technologies and Markit Data Clients
American Way: Twitter Invades the Stock Market
Somebody will likely tweet this story, commenting on it for better or worse. That single tweet, a drop of water, will flow into a gushing firehose of tweets — something like 400 million worldwide each day on every possible subject.
FOX Business: How Twitter Helps Hedge Funds Find Lucrative Stock Tips
A Canadian newspaper sent out a little-seen Tweet at 8:12 a.m. ET on Monday breaking the news that BlackBerry’s (BBRY) $4.7 billion buyout had gone up in flames. Within seconds, the clients of real-time information discovery service Dataminr received an alert warning them about the news.
NYSE Technologies: NYSE Technologies and SMA to Distribute Social Media Analysis Data via SFTI
NYSE Technologies and Social Market Analytics (SMA) have announced an agreement to distribute sentiment statistics from SMA’s patent-pending social media monitoring engine through NYSE Technologies SFTI Network, and its normalized market data service, SuperFeed.
Financial Times: Traders turn to Twitter for stock tips
As Twitter’s flotation approaches, Wall Street analysts are building models to calculate what it might be worth – with a figure of up to $15bn doing the rounds.
Tabb Forum: Social Engineering: Capturing the Alpha in the Twittersphere
Given the mass popularity of social media, many equity market participants are jumping on the bandwagon. But in the case of hedge funds and other trading firms, it is alpha that drives the interest, not entertainment.
First Business: Tweeting For Profit
Diane Moca reports on how social media and markets come together with mixed results.