Big Data Gets Bigger: Now Google Trends Can Predict The Market

Yesterday three economists, (Tobias Preis of Warwick Business School in the U.K., Helen Susannah  Moat of University College London, and H. Eugene Stanley of Boston University) published an eye-opening paper that said Google Trends data was useful in predicting daily price moves in the Dow Jones industrial average, which consists of 30 stocks. Their research result: An uptick in Google searches on finance terms reliably predicted a fall in stock prices.

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