Proudly Presenting TweetTrader.net

We are proud to present the first public beta version of TweetTrader.net

The site is still in a very early stage of development and we are working hard to add more features to help you "make $ense of it all". Check out our website at http://tweettrader.net, become a fan on Facebook and a follower on Twitter and, of course, check back regularly to stay updated on new features and developments

Stock Microblogs Capture the Pulse of the Market

The business press has come to describe stock talk on Twitter as "the modern version of traders shouting in the pits" and calls related third-party applications, such as TweetTrader.net, “a Bloomberg for the average guy” (Business Week). In the first 6 months of this year, we have collected a large number of stock-related microblogging messages containing the dollar-tagged ticker symbol of an S&P 100 company. The figure shows the distribution of messages throughout the day. We observe a significant spike in message volume before the markets open. The majority of tweets are posted during the trading hours between 9:30 am and 4:00 pm. This provides further evidence that stock microblogs are truly used by financial professionals to exchange relevant trading ideas in real time and when it matters. They truly capture the market conversation.

 

Research on stock microblogs featured at ICWSM

TweetTrader.net and the related research got some attention at the International Conference on Weblogs and Social Media (ICWSM), which took place in Washington this May. At the time, the working title for the precursor to TweetTrader.net was stockTUitter.com, to pay hommage to the TU School of Management. Media consultant Koki Smith featured the interview and further detail regarding our research on her blog.