Several websites track online sentiment for stocks. Through an analysis of frequency and comment data it is possible to gauge trader sentiment. It is in no way scientific, but it does give an idea as to how the retail investment crowd feels about a particular stock.
If there is more positive commentary, retail investors are bullish on the stock.
If there is more negative commentary, retail investors are bearish on the stock.
This list shows the top 10 trending stocks that people are currently talking about the most online. Also, keep in mind that trending stocks and investor sentiment can rapidly change. This list was compiled at 12:00am ET on March 1st.
Adding these to a watchlist is a way to monitor how much online sentiment aligns with actual market performance.
Top 10 Trending Stocks (March 1st @12am ET)
|SPY||SPDR S&P 500||Bullish|
Investors are currently bullish on all the top 10 trending stocks. Typically there is a direct correlation with how frequently stocks are talked about online and bullish sentiment. After a tough week on the market retail investors are generally optimistic.
This is not investment advice. There is no magical formula to determine if a stock is going up or down. There are indicators and other tools that investors can use at their own disposal to make their own decision on an investment. The best advice is to do your own research on a particular stock and make the judgement for yourself if you would like to invest. This website takes no responsibility for any potential massive gains or loses.