Web bot stock market predictions

Web bot stock market predictions

By: INTELigent Date: 25.05.2017
web bot stock market predictions

Advertising company T3's 'Trump and Dump Bot' shorts stock when Trump tweets. Courtesy of T3 hide caption. President Donald Trump tweeted on Monday that the chaos in airports over the weekend was Delta Airlines' fault—along with protesters and "the tears of Senator [Chuck] Schumer.

‘Sci-Fi World’: Web Bots Forecast for – Forbidden Knowledge TV

He sent those tweets a little after 7 a. T3, an advertising company in Austin, Texas, built the " Trump and Dump Bot " to analyze Trump's tweets and play the stock market when he says something bad about a company. They donate the money they make to the American Society for the Prevention of Cruelty to Animals. First, Trump tweets, and the bot checks to see if Trump is tweeting about a publicly-traded company.

When Trump Tweets, This Bot Makes Money : NPR

Only people out of , were detained and held for questioning. Big problems at airports were caused by Delta computer outage, The bot does a "sentiment analysis" of the tweet, looking for words like "big problems" and "caused by.

web bot stock market predictions

Then it gives the tweet a sentiment ranking. For Trump's tweet about imposing a border tax on Toyota's plant in Mexico , the ranking was If the sentiment ranking is low enough, the bot heads to E-Trade as fast as possible and borrows stock in the company Trump is tweeting about.

This all happens in less than a second.

The bot then sells its newly-acquired stock before the company's shares tank. Then, when the stock is down, it buys back those shares at a cheaper price.

When Delta Airlines stock dropped, the "Trump and Dump Bot" made a 4. T3 is currently the only company talking about using a bot in this way, but Gaddis thinks other companies are doing or trying to do something similar. Gaddis doesn't think profiting off a company's run-in with President Trump is bad—especially when the profits are donated.

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web bot stock market predictions

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