I am a big fan and active user of Twitter, as I have posted about here. People are just starting to scratch the surface on some of the cooler things that we can do with the service. One of the places I think some things can be done is in the world of finance. Markets move quickly, and information quicker. Getting insight from some top notch fund investors, and financial guru’s can help hone your skills and strategies, hopefully making you better at what you do.
The one problem here is the noise. How do you find useful information and distill it into something even more useful on a hourly or daily basis, etc. A problem that a fellow Twitter’er @sorenmacbeth has set out to solve. Hence the birth of StockTweet. You use a special tag that denotes that you are referencing a stock symbol by Prefixing the symbol with $. This essentially aggregates the data from people following the service on Twitter. Opens up a whole world of data warehousing. Cool stuff, and I hope it starts to flourish.
Check out more of what’s cool about the service in this blog post: