While I find the information from the Twitter Sentiment Analysis tool to be interesting, it doesn't lead to any actionable trading in its current format. Because of this I've decided to remove it from the site.
I will continue to track the sentiment data to see how it correlates with the price of VXX over a longer period of time to see if there is a more usable format, but I tend to think that the tool is better suited for gauging interest in individual stocks rather than ETPs.
As a final chart, below is a view of the daily net Twitter sentiment of VXX compared to the daily percent change of VXX over the past month.
Retirement of the Twitter Sentiment Analysis Tool
By
Jay Wolberg
Posted on:
4/28/2013 02:52:00 PM