Stocks.us: A TechMeme Clone For Stock News
Michael Arrington
14 comments »
Stocks.us recently surfaced in the TechCrunch Forums. It’s an aggregator around public company stock news that has a suspiciously similar approach and look/feel as blog news aggregator TechMeme.
The site groups news items from major media (Reuters, WSJ, USAToday, etc.). Lots of stories = higher placement on the site. Newer stories are linked in the right sidebar. It updates every 15 minutes.
Like TechMeme, this will be a killer resource for people tracking breaking public company news.
The difficult part of building an aggregator like this is figuring out what stories are related and grouping them properly. TechMeme uses links between blogs. Since major news sites don’t link to each other, Stocks.us must be using keyword and semantic analysis.
Google News is using a similar technology. It is probably a form of Concept Search Algorithms.
The site updates from media every 15 minutes..And the meda themselves might take quite a few time to report the major breaking news on their website. Not a good idea to depend only on this when you are trading..I would rather stick to the Business News Channels on TV..
The site seems quite organized.
Its a good site, I must say.
As an active trader, in it’s current form, I don’t see the use in the site.
Good start!
Hey, this is really cool. I don’t think it is going to be a MAIN resource for traders, anyway it can surely help.
I don’t know if it helps at all, but it’s cool
DM
http://DeuceMania.com
You need context and compliance. Seeking Alpha is a much better choice.
Anand - This is clearly, by no means a up to the second news station for stock traders, but more of an interesting homepage to keep up to keep up to date with stocks. Probably a good place to go after the market’s closed and browse around news listings for said stocks.
They must be using either Ticker based or registered company names filtering present in all articles. Many companies filter by these two elements. Look at boardcentral.com - extracts messages from major boards based on the ticker, and compiles popularity indexes based on tickers’ popularity, good resource too.
For traders it is most important that they get breaking news as quickly as possible - so having the stories in chronological order rather than showing the ‘biggest’ story at the top is more important
It would be more interesting to scan blogs for any company news that is market-sensitive, then having a Techmeme-like system to break this news rather than relying on one of the big sites or agencies to pick it up first and then only showing it 15 minutes afterwards. Most traders are subscribed to one of the wire sources anyway, so they will know this news before Stocks.us displays it