Case Study #5

""Street Sweeper Releases Short Report""

Magellan Pete Corp.

News Event

January 18, 2017 at 12:15:00 pm (EST) — TheStreetSweeper.org releases a short report siting eight key risks facing the stock.

Read The Street Sweeper Report

Market Alert

A couple minutes after the report was released, NewsHedge alerted its clients to the unusual trading event at 12:17:44 pm (EST) as shares swiftly dropped from $16.70 to $15.34

Social Context

As news broke, Wall Street instantaneously took to Twitter to share information. According to Metricle’s quantitative Twitter data, Twitter posts for Magellan Pete produced a negative “sell” signal—as visually seen below.

Alpha Generation

Over the next several trading sessions, our quantitative data continued to produce a negative “sell” signal—giving our clients even more conviction to remain short, or to add to their short position.

Systematic Trading Data

To review systematic trading data associated with this case study, or to inquire about backtesting our data, contact us at sales@newshedge.com.