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Google searches can predict market moves

Google searches can predict market moves - CNN.com: "But investors shouldn't start trading with this strategy immediately, the researchers warned. Preis said that times have changed and words like "debt" might no longer be useful at predicting market movements. The strategy needs updating as new keywords become more relevant to the markets. Furthermore, Moat pointed out that now that their research paper has been released, other investors will try to use the strategy, diluting the impact in the long run. This study follows research from 2010 that showed that weekly transaction volumes for S&P 500 companies were correlated with online searches related to those companies." (read  more at link above)





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