In our current era of the financial markets, social news and media drives the price of a stock more than actual figures and facts. With more and more voices, comes more and more opinions and thus waiting for something to become a fact is waiting too long.
Believe it or not there are actual practices and studies now that look at how to measure the mood in the social setting to determine potential trends in the market.
Wall Street legend and best-selling author Robert Prechter says “You can almost hear the Dow going up and down over the airwaves.” Watch this 3-minute clip from his documentary History’s Hidden Engine to see how social mood governs movements in the stock market and trends in popular culture.
There are also a lot of good songs in the video.
Then access his 50-page report “Popular Culture and the Stock Market” FREE.
Access Robert Prechter’s 50-page report “Popular Culture and the Stock Market” FREE!