Market Prophit provides unique sentiment (bullish/bearish) and buzz (unusual chatter) signals derived from stock-related conversations on Twitter. Increasingly, market moving news breaks in social media channel conversations. Market Prophit’s indicators summarize millions of these conversations in social media into easily interpretable charts allowing you to see the market sentiment and buzz trends for the stocks that you care about in real time.
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“Ever wonder what people are saying about your stocks? Tracking social-media sentiment about companies has become a regular part of portfolio management for many traders and investors in the last couple of years. If you’re one of them, or just curious, it’s definitely worth looking at a new Website from Market Prophit.”THERESA CAREY, BARRONS, JULY 2013
Market Prophit filters stock-related tweets (those with a “$” or “cash-tag” in front of a ticker mentioned in the tweet. MarketProphit then applies sophisticated, custom built natural language processing software to interpret millions of unstructured messages on Twitter to generate sentiment signals for each stock. Market Prophit has also developed a proprietary, quantitative algorithm that scores message posters on Twitter based on the accuracy of their “stock calls” and the track record of predictions. Finally, Market Prophithas created an additional sentiment signal (the “Market Prophit” sentiment signal) which is created from only those bloggers that have the highest quality of predictions and scores. Market Prophit’s unique sentiment signals (“Crowd” and “Market Prophit”) provides traders with two simultaneous views of aggregate sentiment at the same time (what the overall crowd is saying and what the best performing bloggers are saying) giving an additional signal to complement your other indicators.
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