Social Media Stock Sentiment Explodes on Wall Street
New startup shows real-time, up to the minute impact social media has on stock price.
DALLAS, Nov. 15, 2013 /PRNewswire/ -- HedgeChatter.com, a website that allows investors and traders to view how social media data is impacting their stock portfolios, announces its Version2.0 launch by Dallas, TX based HedgeChatter Inc.
(Photo: http://photos.prnewswire.com/prnh/20131115/CL17717 )
"We all remember when the hacked AP tweet went out saying there was an explosion in the White House which sent the markets down 140 points. Most recently, Carl Icahn tweeted about AAPL and, 60 seconds later, added more than $12 billion to Apple's market cap. Investors and traders are fast realizing this occurs frequently, actually everyday, and that they need a dependable way to keep up with this information," said James Ross, CEO and Co-Founder of HedgeChatter.com
How does HedgeChatter.com work? http://www.HedgeChatter.com
HedgeChatter.com processes big data using proprietary social media intelligence metrics, to deliver a simple and easy to understand dashboard. This service helps traders and investors pin point price moves, before they happen.
"164,000+ people are communicating price impacting stock information on social media every minute. One of the biggest challenges is to find these trends before everyone else does," said Ross.
The service also allows traders to find profitable trades with features such as Stocks by Social Chatter Volume and Sentiment Volume, Top Stocks by News Volume, and Stocks w/ Spikes in both News Coverage and Tweets, to name a few.
"We've also created the first Social Media Financial Buy Signal Alert and we're seeing a 65-75% accuracy and a 14-16% return quarterly," said Ross
View the full feature list: http://www.HedgeChatter.com/features
"Current clients are experiencing impressive results without having to spend millions of dollars in development cost. Our service is the next best thing to owning your own hedge fund," said Ross.
About HedgeChatter (www.HedgeChatter.com)
HedgeChatter Inc is an analytics startup based in Dallas, TX. The founders have backgrounds in Big Data, Algorithms, Artificial Intelligence, Mood Behavior, Psychology, and Financial Trading Platforms.
Media Contact:
Renata Krajnik
Media Relations
Mobile: (214) 498-3500
Email: info@hedgechatter.com
SOURCE HedgeChatter.com
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