Want Stock Market Success? Get Twitter

A study by a German PHD student finds that Twitter predicts the future of stocks.

Just when you think Twitter is just people spewing their 140 characters in an effort to get ‘heard’, comes a new bombshell.

The study from the Technical University of Munich, which analysed 250,000 tweets over a six-month period, found that an average return rate of 15% could be achieved by investors following stock market tweets.

Calling it a “legitimate source”, Timm Sprenger announced a “striking co-ordination” between what Tweeting investors were saying, and what market analysts were finding.

The reTweeting process put further weight on these stock-related tweets (which use the company stock symbols to differentiate them from standard tweets), showing others support certain predictions over others.

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Until Next Time,

Tomer Garzberg (Keynote Social Media Speaker and Social Technologist)

Australia to the World: Brisbane, Sydney, Melbourne

www.strongmandigital.com.au

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