Can Twitter Tell The Market’s Future?

Who can forget Long Term Capital Management? The Connecticut based hedge fund was the talk of the financial world of 1997 when two of it’s directors won the Nobel Prize for Economics. It was also the talk of 1998 when the fund lost $4.6 billion in four months. The fund closed in 2000. More on them later. Research surfaced last week from a start up based in Utah that could predict elections in the United States. The company’s algorithm analyzed sentiment across Twitter and other social networks to predict the outcomes of 90 primary races across the country in the…