Google Trends - Sentiment Indicator

I read an article a while back about a hedgefund that was using Google search information as part of their trading decision making process. I've been experimenting with it lately and find it quite interesting. If you have a Google account you can even download free csv data to run in your own programs.

If you think of anything interesting, run the search on google trends and return the link here with a short description. This could be a very powerful tool/indicator.

http://google.com/trends

Long Euro, Short Euro

http://www.google.com/trends?q=long+euro%2C+short+euro

Long Gold, Short Gold

http://www.google.com/trends?q=long+...ate=all&sort=0

Obama 2012, Palin 2012

http://www.google.com/trends?q=obama...ate=ytd&sort=0

Lets hear your ideas and feedback.

Jim

interesting concept,

however, sometimes people search for things in which they have no intent to do, or at least research only to chicken out.

would be good to document some screen shots of maybe once or twice a week of the google stats and the daily charts of the eur or gold etc to establish a correlation :-)

Compare the long euro, short euro chart and notice what the market did when the short EU searches crossed long EU searches. This cross preceded a ~ 1400 pip drop.

thanks for sharing.this worth looking into

Good stuff Scotty personally I can't see how it could be applied to currency trading but maybe in the sto k market for example much of the retail world now exists online I think it could be a pretty accurate sample space

Take 2 competing monopolists blue chip companies and gauge their popularity over time perhaps a trend will develop there with an obvious resultinflg effe t on the subsequent stock prices provided you could use the information in context with current developments and get in eRly enough

Sorry tapping WY on an iPhone cant really see blhow many mistakes I just made but yeah nice original idea I love it

I guess you could even just take one start up company after a float and see if it's popularity is gaining or falling

Cheers