Mood and the market: can press reports of investors' mood predict stock prices?

We examined whether press reports on the collective mood of investors can predict changes in stock prices. We collected data on the use of emotion words in newspaper reports on traders' affect, coded these emotion words according to their location on an affective circumplex in terms of pleasant...

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Bibliographic Details
Main Authors: Yochi Cohen-Charash, Charles A Scherbaum, John D Kammeyer-Mueller, Barry M Staw
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2013-01-01
Series:PLoS ONE
Online Access:http://europepmc.org/articles/PMC3756040?pdf=render