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Description:  If you think tweets are worthless, you’re wrong. A professor has developed a program that uses tweets to predict where markets are headed.

Source: CNNMoney.com – video report

Date: 02/21/2012

Link:  http://money.cnn.com/video/markets/2012/02/20/mkts_twitter_markets.cnnmoney/

Questions for discussion:

  • Describe the basis for the predictive model.
  • Why do you think it makes sense to some analysts?
  • How does it resemble other technical tools?
  • Would you have faith in its predictive value?

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