Sentigo puts social sentiment on Wall Street Scanner mobile app

Source: Sentigo

Sentigo, the developer of an intelligent financial analysis engine, today announced the official launch of Wall St. Scanner, an iPhone/iPad application that aims to help users more efficiently monitor and track publically traded companies and better navigate the U.S. market place.

Wall St. Scanner keeps users up to date on their portfolios during trading hours, utilizing push notification technology to alert them about any significant changes in the market. The app also highlights new investment opportunities and provides a forecast for the next day stock price trend.

Wall St. Scanner's unique software scans over seven million web pages daily from over fifteen thousand different sources (including news outlets, financial analysts, corporate websites and opinions expressed on social networking sites like Twitter and Facebook) to provide up to the minute analysis of media and market-place sentiment regarding the top 2,000 U.S.-listed stocks (determined by market cap). It then uses sophisticated text analysis and proprietary algorithms to analyze and encapsulate online sentiment or mood of publicly traded companies and market data to predict the potential direction of a stock.

"Our mission is to revolutionize the way the public consumes financial information, making it easily accessible and actionable," said Gadi Shvadron, Founder and CEO of Sentigo. "Our learning machine algorithm integrates structured market data with unstructured crowd-sourced opinions to identify the bottom-line intelligence regarding stocks. Wall St. Scanner is a secret tool every investor must have."

Wall St. Scanner is currently available for free from the iTunes app store and can be downloaded to an iPhone, iPod Touch and iPad; a version for both the Android and the Blackberry is in the final stages of development and will be available soon, as well as an online version.

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