Average Investors Use Social Media to Predict the Stock Market
SCOTTSDALE, AZ — (Marketwire) — 07/26/11 — Scientists from Indiana University and the University of Manchester recently published findings proving that social media has an 86.7% accuracy rate at predicting the stock market. Those findings spawned a variety of social media hedge fund startups.Modulus Informatics, Inc., a Scottsdale, Arizona based company, recently announced the launch of WallStreetBirds.com, a free service that allows average investors to make investment decisions based on t