Market Mood: AI News Monitoring
Howdy đ
Iâm Ramsey Shaffer â welcome to Market Mood, a blog from Babbl.
This is the newsletter to end all stock market newsletters. More market news stories/tweets/blogs are published each day than a human could read in an entire year; we leverage AI news monitoring to track everything being said en masse. Our goal here is pretty simple: to keep tabs on whatâs happening in the stock market for folks who donât want to do all that reading themselves.
Think of us as your friendly neighborhood stock market news monitor. We do the legwork of news research for you: tracking all news, blogs, & tweets about the market in real-time, to zero in on market-moving news events & trends (with pizzazz). Like your own personal due diligence team. Each day, you can expect a no-bullshit report covering:
The overall sentiment of market news coverage
Top trending tickers (most mentioned, most bullish, most bearish, etc.)
Some other fun stuff like polls, quizzes, and exclusive discounts from our partners
Who reads this newsletter?
Our audience runs the gamut from everyday DIY investors to CEOs of top investment firms. Thousands of folks rely on our news sentiment insights to make better investment decisions, and we work hard to bring you the most actionable insights to help you curate a winning portfolio. Enter your email here to join the club (itâs free):
Our website
We recently launched the beta version of our news monitoring website to make staying on top of the news cycle as easy as possible for DIY investors. The site features:
real-time news sentiment đ
event & topic tracking đ
breaking news alerts đ
all auto-aggregated from thousands of financial news outlets, blog sites, and social media platforms via our proprietary AI-based natural language processing algorithms (think Goggle Trends + a Bloomberg Terminal). After all the positive feedback weâve gotten on the v1, weâre now building out v2.0 â planning to launch in April 2023. Be the first to test & use it by joining our Discord:
About Babbl
Babbl is a financial technology startup from Minneapolis, MN building tools that monitor news & social media sentiment, trends, and events relating to the stock market. Founded back in 2020 by Ramsey Shaffer and Sam Cartford, Babbl is dedicated to democratizing quality financial information and empowering individual investors to do better market research while reducing their screen time.
A Few More FAQâs:
Q: What is Babblâs market news sentiment score?
Our sentiment scoring is a way to gauge the overall tone or attitude being expressed about a stock or the market at large in online discourse. The theory is that general sentiment can (and often does) have an impact on stock market outcomesâââhigh degrees of news optimism (bullish discourse) can lead to boosted investor confidence and encourage buying activity, while high degrees of news pessimism (bearish discourse) can have the opposite effect.
Q: How is market news sentiment measured?
Babblâs sentiment is measured for individual stocks, industries, and the market at large. For all of these, sentiment is a compilation of four different indicators that each measure some aspect of a given text snippetâs tone and quality. In order of priority, they are: mood, tense, relevance, and credibility. The composite sentiment score weighs each of these metrics in terms of their absolute value at a given moment in time, their divergence from their historical average, and their rate of change over time; measured on a sentence-by-sentence basis. The composite sentiment score is normalized on a scale from -100 to +100, where -100 represents maximum pessimistic (bearish) sentiment, and +100 represents maximum optimistic (bullish) sentiment. More on how these metrics & how sentiment is calculated here: www.babbl.dev/info
Q: What sources of online discourse does Babbl track?
Babbl currently tracks discourse from a variety of online sources: accredited financial news outlets (ie. MarketWatch, CNBC, Yahoo Finance, etc.), social media platforms (ie. Twitter, Reddit), and newsletter providers (ie. Substack)âââwe refer to this variety of discourse collectively as ânewsâ. New sources are added periodically as they become available, and future sources might include alternative outlets such as Youtube comments, TikTok or Podcast transcriptions, and more. A full list of our current news source coverage can be found here: www. babbl.dev/coverage
Q: How often is Babblâs market news sentiment calculated?
Each component and the composite sentiment score are calculated for a given stock or the market at large as soon as new sentences about a stock become available.
Q: How to use Babblâs market news sentiment?
Babblâs sentiment scores are used to gauge the mood of the market. Many investors are emotional, speculative and reactionary, and sentiment is a tool for measuring these emotions and biases more objectively. When combined with fundamental and technical analysis, sentiment analysis helps to form the three-legged stool of investment researchâââtogether, all three legs can be used together to inform better stock market decisions.
