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Wall Street Fund Managers Tracking Retail Traders By Monitoring Social Media And Message Boards

Wall Street Fund Managers Tracking Retail Traders By Monitoring Social Media And Message Boards

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The behavior of retail traders is becoming a key focus of Wall Street fund managers, as the smart money is now tracking social-media posts to determine the sentiment of the crowd. The Wall Street Journal reports that 85% of hedge funds and 42% of asset managers are now monitoring retail-trading message boards, according to a survey by Bloomberg Intelligence.

...read full article on Benzinga

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