daily-reckoning

By Greg Guenthner

from Daily Reckoning

03 January 2018

Advertisement

In just two decades, the internet has evolved from a technological curiosity to one of the biggest drivers of wealth and global commerce the world has ever see

And our credit card numbers and bank accounts aren’t the only pieces of critical personal information floating around the web…

Our thoughts and feelings are out there, too. We post them every day. And it’s not just ordinary folks like me and you who are sharing information. CEOs, hedge fund managers and bankers are all leaving their digital footprints…

All that information is just sitting there — begging to be “hacked” for windfall profits.

Think about it…

Communication is in our DNA. And when it comes to investing, people brag about wins and grumble about losses. They seek validation for their belief that a particular stock is a good or bad play.

They report news and rumors about companies, their products and personnel. And very often, they ask others for opinions before they buy shares.

The difference is that now — instead of all this happening at the country club or the neighborhood poker game…

It’s all happening online, in public forums that millions of people follow obsessively.

As you can probably guess, this is an incredibly powerful force for shaping and revealing public opinion in our modern world. And when we focus on chatter about stocks, we can play those sentiment shifts for profit…

That’s where our “hack” comes in…

Don’t worry — we’re not up to anything fishy or illegal. We’re not hacking into anyone’s bank account!

Instead, we’ve built a complex computer program that is trawling the far corners of the internet as I type to learn what countless investors think about investments.

Once we collect and process these powerful public sentiment data, our advanced computer system can lead us to the best “profit tapping” opportunities on the market.

I can’t reveal too much behind the proprietary technology in this space. But I can give you one behind-the-scenes example of how we’re putting these powerful data to work in our trading strategies.

Check out the following chart:

This chart shows actual personal data our project is collecting from the American public.

Check out the data spike we’ve circled. That’s a positive signal spike in blue (negative signals show up in red). In our testing phase, this spike triggered a buy signal in a popular tech stock that happened just before an incredible rally.

These signals can cluster, too. In fact, I’ve seen the overall net result of positive signal clusters post fast gains of 105% over nine weeks.

If you knew how to detect these signals and if you had the ability to trade them quickly, you could’ve played these price moves individually — both up AND down — and made a series of very successful trades.

As you can see, our connected online universe is quickly morphing into one of the most powerful sentiment data sets we’ve ever seen.

For Tomorrow’s Trends Today,

Greg Guenthner

 

– – – – –

This article by Greg Guenthner was originally published at Daily Reckoning.

2018-02-23T23:15:16+00:00

By Investing.com

03 January 2018

Advertisement

US stocks closed higher on Tuesday led by gains in the technology and energy sector as investor sentiment on equities remained bullish.

The Dow Jones Industrial Average closed higher at 24823.64. The S&P 500 closed 0.83% higher, while the Nasdaq Composite closed at 7006.90, up 1.50%.

US stocks made a positive start to the year amid expectations that solid economic growth would continue, raising the prospect of strong corporate earnings. The prospect of another year of bullish growth offset investor concerns over fresh geopolitical uncertainty.

Reports that China was mobilizing forces on its border with North Korea and continued rioting in Iran had briefly halted the rally but the latter raised the prospect of fresh oil supply disruptions supporting an uptick in energy stocks, lifting the broader index higher.

Also supporting the move higher in equities was an economic report showing final December manufacturing purchasing managers index rose to 55.1 from 53.9 in November.

On the corporate front, Target Corporation (NYSE:TGT) closed 3.6% higher following a report from Loup ventures’ analyst Gene Munter who suggested that the retailer could be bought by Amazon (NASDAQ:AMZN).

The upbeat start to the year for US stocks comes as earnings season draws closer with the financials set to report earnings on Dec. 12.

‘Bulls and Bears’ on Wall Street

The top Dow gainers for the session: Walt Disney Company (NYSE:DIS) up 4%, General Electric Company (NYSE:GE) up 3% and Chevron Corporation (NYSE:CVX) corp up 1.9%

The Travelers Companies Inc (NYSE:TRV) down 2.7%, Procter & Gamble Company (NYSE:PG) down 14.4%, and Home Depot Inc (NYSE:HD) down 0.8%, were among the worst Dow performers of the session.

 

– – – – –

This article was originally published at Investing.com.

Powered By MemberMouse WooCommerce Plus Integration