Case Study #5
""Street Sweeper Releases Short Report""
Magellan Pete Corp.
News Event
January 18, 2017 at 12:15:00 pm (EST) — TheStreetSweeper.org releases a short report siting eight key risks facing the stock.
Read The Street Sweeper Report
Market Alert
A couple minutes after the report was released, NewsHedge alerted its clients to the unusual trading event at 12:17:44 pm (EST) as shares swiftly dropped from $16.70 to $15.34
Social Context
As news broke, Wall Street instantaneously took to Twitter to share information. According to Metricle’s quantitative Twitter data, Twitter posts for Magellan Pete produced a negative “sell” signal—as visually seen below.
Alpha Generation
Over the next several trading sessions, our quantitative data continued to produce a negative “sell” signal—giving our clients even more conviction to remain short, or to add to their short position.<
Systematic Trading Data
To review systematic trading data associated with this case study, or to inquire about backtesting our data, contact us at sales@newshedge.com.
Who We Are
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But things have changed, and who we are now is pretty exciting. We’re made up of traders and designers and developers and marketers who are hyper-focused on pioneering new software that will literally change the way people make decisions. We’d say that we’re cutting edge, but that would be cliché, so we’ll say this instead: NewsHedge is a creative force that’s filtering the world’s financial noise.
Go ahead, give us a listen.
