Monitr releases market information platform that analyzes news

Monitr has announced the launch of its market news analysis platform with the belief that news moves markets.

Monitr specializes in the analysis of news, opinion and social media to determine the aggregate sentiment and trends of equities, commodities and currencies across world markets.

The exponential growth in news and sentiment analysis to gage future market trends is sometimes flooded with indigestible big data — something the Monitr platform seeks to overcome.

“Monitr aggregates what we see as an underutilized source of market data, the news and information that people read and become effected by, which in turn influences their own perceptions,” explained founder and CEO Dennis Lutsky.

The platform analyzes an average of 92,000 news articles per day resulting in the “sentiment value” figures of particular companies.

The extremely versatile Monitor analysis software can give you useful standard market indicators, such as stock price and history, and also adds comparisons of company competitors, web “mentions”, and sentiment trends based on realtime news analysis on your phone, tablet, and computer.

According to the Aite Group, over 50% of quantitative firms currently use machine-readable news feeds tracking news and social media trends.

“Stock market investor’s use of computer-based analysis on particular market signals has taken the world economy to a new level, shaping almost every trading decision being made today,” states Lutsky.

Monitr displays the trends and sentiment of news mentions for over 7,000 public companies alongside standard market indicators in a way that is simple to comprehend and dissect.

With future plans to integrate the social media sphere into its unique platform, Monitr is a centralized and comprehensive solution for investors looking to make well informed decisions from a variety of financial signals.