Jett Winter's  Instablog

Jett Winter
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Jett Winter is CEO of Crowd Technologies, Inc. a company that develops applications that leverage the wisdom of crowds. Their first major application is piqqem which captures, processes, and presents sentiment data on the future price and price direction of publicly traded securities. Piqqem... More
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  • ICE, Boeing, and JP Morgan are the Biggest Sentiment Losers for Week Ending 12/11/09  0 comments
    Dec 14, 2009 12:44 PM | about stocks: ICE, BA, JPM

    For the week ending December 11, 2009, the Intercontinental Exchange was biggest sentiment loser with a dismal 10 point decrease in their Piqqem sentiment index, Boeing came in at a close second with an unimpressive 9.15 decrease in sentiment, and JP Morgan in stunning fashion had their sentiment plunge by 8.70 pts.

    Change in sentiment provides a timing mechanism to understand underlying changes in a security potentially ahead of a price move. For example, a large increase in sentiment should be seen as positive even if the underlying stock has a low absolute sentiment, while a large decrease in sentiment should be seen as negative even if the underlying security has a high absolute sentiment.

    For this analysis, we will use sentiment generated by the web application, Piqqem. Piqqem captures, processes, and displays sentiment results by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, a scale of -100 to 100 is used with -100 representing the lowest level of sentiment and 100 representing the highest level of sentiment.

    Disclosure: Disclosure: No Positions
    Stocks: ICE, BA, JPM
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