Weekly 8: IFTTT Recipe

above is a screenshot of the stock market opening the day after Donald Trump's election. Good day for arms, not so much for the average person.

so it's been a few months post Trump. There are a lot of things to say about this guy, but interestingly enough one of the more neutral things which seem to go unmentioned by the layperson is Trump's actual impact on the economy--one of the signs of this new and volitile age is that it seems that even Trump's twitter, can be an influence in stock speculation and prices.

With that in mind, I set out to try and set a trigger that would allow me to track stock prices in conjunction with Trump tweets. Seems simple enough--each tweet is 140 characters, and Trump can only say so much in a day, right? Unfortunately, I was mistaken in how simple I thought this undertaking would be--in order to actually automate the process of checking stocks against Trump's tweets, I would have to not only identify a company that a tweet would be referring to, but also make determine things such as whether or not the tweet was positive or negative, whether it was directly involving a company or not. I would also get a truncated version of an already short tweet in the SMS's that IFTTT would send me, so I would get excited thinking that I had found the next thing to buy in stocks, only to realise that I had not finished reading.

ah yes, the Nissan Ultima....te sacrifice for one's country.

Unwilling to be deterred, I went forth trying to sync the two up; surely, a man as business-oriented as Trump would tweet about private enterprises again soon? Unfortunately or fortunately for my sanity, it was at this moment I stumbled upon an article talking about a trigger-based investment app (aptly named trigger), which has Trump Triggers already. I haven't been able to try the app out (stock market has been closed since I found out about it), but I wonder if anyone would actually base any serious investing upon this...it would be interesting to see any results!