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Twitter – your new trading platform?

Listening is the first part of our Social Media Action Plan – Listen, Engage, Influence

Monitoring social media conversations is now proving to be useful for predicting the stock market levels, acccording to this report from Mail Online.

Researchers from Indiana University  noticed the correlation after they analysed more than 9.8 million tweets from 2.7 million users during 10 months in 2008.

An online mood-tracking tool called OpinionFinder also measured whether the users were generally positive or negative and how that changed over time.  The team was then able to measure variations in public mood and then compare them to closing stock market values.
The key emotion turned out to be “Calmness” .. which is pretty cool.

What insights are you gaining from monitoring social media?

Weekly links (weekly)

Posted from Diigo. The rest of my favorite links are here.

RTA – new live traffic site

The RTA has launched a new live traffic site that incorporates map planning

RTA live traffic

Also included is the ability to incorporate a widget of the site like as shown here

It’s great that government organisations are recognising the value that they can provide to consumers online, which in return should help their ability to manage traffic conditions. Let’s hope a mobile version isn’t far away.