Google Giving Stock Tips With Domestic Trends
The Google Blog announced a new trends project named within Google Finance named Google Domestic Trends. In short, Google tracks searches on Google.com and then groups those search volume metrics into industry sectors. Google will then plot the search volume by several industry sectors on a trends graph and allow you to then overall stocks […]
Barry Schwartz on September 4, 2009 at 9:29 am | Reading time: 1 minute
The Google Blog announced a new trends project named within Google Finance named Google Domestic Trends. In short, Google tracks searches on Google.com and then groups those search volume metrics into industry sectors. Google will then plot the search volume by several industry sectors on a trends graph and allow you to then overall stocks and indices on top of those search volume trends.
For example, I plotted Continental Airlines stock price on Google’s domestic trends index for airline travel:
Google thinks there may be some useful insight into search volume for economic forecasting. For more information, see the Google Finance Blog and Techmeme.
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