Aug 29, 2020
How do WE use TopStonks?
On Thursday 8/27 we highlighted a surge in $VXX buzz on wallstreetbets and 4chan in the pre-market.
Our algo crawled the comments and showed that Jackson Hole was a large part of the wallstreetbets conversation. So we cautioned that the surge in bearishness may just be nervous bulls hedging ahead of #JPow at the Jackson Hole event.
We'll see next week but that is how it played out this week- a round-trip, not a breakout:
We also highlighted $SLV surging along with the event at Jackson:
One had to give and it was $VXX. $SLV and our Brrr Index broke out. The Brrr Index measures conversation of inflation, currency debasement, and related hedges:
We're no geniuses, and trading still takes skill and experience to properly interpret all the data and price action; but TopStonks gives you the tools to enhance your trading. Whether you are looking for idea generation, or sentiment analysis, TopStonks has you covered.
...and we're still building. Give us a spin!