Re:Show HN: My weekend project, Realtime Stock News (with se...
by marketmonkey on Monday January 23, 2012 @10:08AM
(#3500558)
I thought about this and it's certainly a possibility. A few things:
1) Primarily, the site is designed for realtime news. So, a very popular news item shouldn't have priority over a recent one. However, you're right in that a particular news item may have affected the price. This is similar to how Google Finance does their charting (with labels overlaid on the share price).
2) It's difficult to work out whether a particular news item actually moved the share price (the timing could be a coincidence, correlation =/= causation etc.)
3) I'll certainly look in to it - thanks for the suggestion
1) Primarily, the site is designed for realtime news. So, a very popular news item shouldn't have priority over a recent one. However, you're right in that a particular news item may have affected the price. This is similar to how Google Finance does their charting (with labels overlaid on the share price).
2) It's difficult to work out whether a particular news item actually moved the share price (the timing could be a coincidence, correlation =/= causation etc.)
3) I'll certainly look in to it - thanks for the suggestion