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Heckyl’s Social Media Heatmap helps beat the Indian Market Mayhem

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tweetGlobal jitters headed by China on concerns of economic slowdown in the world’s fastest growing economy , led to tremors in the financial markets across the globe. China’s equity market went through a roller-coaster ride in the last six months touching a peak of 5122 on June 6, surging 66 percent in a very short span of time. The stock market bubble finally busted and the index closed near 3000, losing over 40 percent in last three months.

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Stay ahead of the trend with the Heckyl FIND Alerts Module

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BACKAny rumor or news can break out from any source. As highlighted in our previous blog post, A Needle in the Digital Haystack, spotting opportunities from these new data sets is very valuable. A trading opportunity can come from any source at any time, which makes it necessary to track a huge number of sources but also filter out noise at the same time.

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A Needle in the Digital Haystack…

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We have shown in previous posts, how, the new data sets that are available can be a key source of trading opportunities. In addition getting access to this information before it becomes ‘news‘ on the mainstream media is highly valuable.

However with there now being over 277,000 tweets, 571 websites created, 347 new blog posts and 72 hours of new video being added to YouTube every minute of every day, the volume of data to read and filter is growing exponentially. Read the rest of this entry »