Gauging Investor Sentiment with Twitter: New Update

From - Advisor Perspectives
May 19, 2013 - 11:20pm

May 20, 2013 Blair Jensen  The Downside Hedge Twitter sentiment indicator for the S&P 500 Index (SPX) is painting moderately high readings on up days and fairly flat reading on down days. This is a positive sign for a market making new highs. Even though there continues to be a very large number of tweets concerned with overbought conditions there are enough tweets showing excitement about higher prices that the daily indicator doesn’t travel far below zero.More...

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