Study: Twitter Helps Investors Predict the Stock Market

SCOTTSDALE, Ariz., Aug. 8, 2011 /PRNewswire/ -- WallStreetBirds.com (www.wallstreetbirds.com), a free service that allows average investors to make investment decisions based on the analysis of twitter data, was recently launched by Scottsdale, AZ based Modulus Informatics, Inc.

Scientists from Indiana University and the University of Manchester recently published findings proving that social media has an 86.7% accuracy rate at predicting the stock market. Those findings spawned a variety of social media hedge fund startups.

View an abstract of the study: www.sciencedirect.com/science/article/pii/S187775031100007X

How does WallStreetBirds.com work? www.youtube.com/watch?v=1HIq48zNeXQ

"Wall Street Birds is a free service that anyone can use. Simply go to the site, register, type in a company name and instantly receive stock signals based on real-time Twitter analysis. Users are made completely unaware of the mathematical and technical complexities behind the scenes, which was our goal," said Richard Gardner, founder of Wall Street Birds and CEO of parent company, Modulus Informatics, Inc.

A programming API is also provided for financial institutions desiring a fast track to managing funds using social media. The API can be used for developing high frequency trading systems based on the instantaneous analysis of social media data by Wall Street Birds.

WallStreetBirds.com resources:

• Register for a free membership: www.wallstreetbirds.com/register.aspx
• Follow us on Twitter: www.twitter.com/wallstreetbirds
• FAQs: www.wallstreetbirds.com/faq.aspx
• Instructional Videos: www.wallstreetbirds.com/videos.aspx  
• Media Kit: www.wallstreetbirds.com/media-kit.aspx

About Wall Street Birds (www.wallstreetbirds.com)

Wall Street Birds is the creation of Modulus Informatics, Inc. (www.modulusfe.com), based in Scottsdale, Arizona. Modulus Informatics is a sister company to Modulus Financial Engineering, Inc., founded in 1997. Modulus has provided advanced financial technology products and services to thousands of professional traders, brokerages, trading firms and renowned educational, governmental and non-profit institutions in over 94 countries.

Actual clients include JP Morgan Chase, Bank of America, Merrill Lynch, Goldman Sachs, Barclays, HSBC, NASDAQ, Rutgers and Cornell Universities, Sungard, Microsoft and others.

Contact:
Dennis Segato
(888) 318-3754 x87
[email protected]

SOURCE WallStreetBirds.com