Twitter in Focus and Why Stockal Makes Sense
So I went on Stockal and looked at Twitter. Stockal has a couple of interesting things that other analysis platforms don't have. They look at data from an angle that often provides some unique insights. Stockal's Confidence Meter.
Did you see the interesting correlation there? Confidence Meter is the "weighted consensus" of Wall Street analyst opinion about any stock and Stockal has created and charted this parameter for over 4000 stocks. So, while the Wall Street confidence in Twitter is certainly low now (12% is so bearish), when it did go up to nearly 30%, the price surged more than 20%. Interesting, right? And this is not technical analysis obviously. This is pure interpretation of what Wall Street is saying. Just a much more mature and scientific interpretation.
And that's why I like Stockal and often urge my followers and readers to get in on it. Because Stockal has a unique way of looking at data and is building something useful, they get my support. Like any new product, Stockal needs users and feedback and capital as they go on creating a platform that many-many investors will find useful over the next few years.
They are innovating at multiple levels - using machine learning to create features such as a personalized stock discovery system and unique indicators such as Confidence Meter - to create a product that's very user friendly.
And much like a crowdfunding process to get capital and users,
Stockal has launched a Lifetime Subscription for it's first 5,000 users which I highly recommend. Wouldn't you support them as well?
Have a great weekend everyone !!