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AroniSmartIntelligence™ in Action: Market Sentiment and Key Stocks in May 2020

AroniSmartIntelligence™ in Action: Market Sentiment and Investment

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In April  2020,  AroniSmart™ team, leveraging the Machine Learning, Text Mining, and Sentiment and Valance Analysis capabilities of AroniSmartIntelligence™,  looked at the market sentiment index and events driving the stock market in early Q2 2020 (see here:AroniSmartIntelligence™ in Action: Market Sentiment and Key Stocks in April 2020 ). From the analysis, key major events and impacted stocks were highlighted. AroniSmart™ analysis showed that despite the marlet coming back from a huge deep since early March 2020, due to COVID-19,  the overall sentiment  is negative, across the board.

This finding aligned with the market and economic situation and the overall market performance. It was  a major development since the February 2020 analysis, when the positivity index appeared not to match the performance of the market. Standing at around 40%, the sentiment index showed that negative events were significantly impacting the market more than the positive news and trends.

Since then, the stock market has maintained a strong momentum of  coming back.  In the analysis below, AroniSmart™ team has now looked at the events driving the market sentiment and the overall  stock market performance, as of the end of May 2020.

 A little bit of the insights on the market events and sentiments, from AroniSmart™ team's findings, based on the data as of May 28, 2020.

General Market Events and Sentiments

Latest Sentiment Analysis

First, the overall sentiment, although improving, remains negative, across the board. The sentiment index is  aligned with the market and economic situation, but appears to lag behind the improving overall market performance. It stands at around 44%, which indicates that negative events continue to significantly impact the market more than the positive news and trends.

Second, the positive sentiment remains driven by some initiatives and developments, including  the economic relief, the support to small businesses and workers, the corona related relief, declining daily cases and deaths of Corona, the US elections and the latest market trends.

Work, hang, gain, sour, averag, good, top, risk, lead, virus, trump, support, outbreak  words have the highest frequencies. Market connected keywods such as work, gain, aver good, led, support, gold, innovation, steamline, sustain, unlimited  drive the positive sentiment in the stories.

COVID-19 pandemic and economic crisis related terms, like virus, hang, sour, mar, loss,  outbreak, volatil, slow, heartbreak, go haywire, make or break, lying, moment of truth,  power, rumor, stumbling block, thorny issue,  unemplo, untrustworthy,  unsustain, vicious cycle, zomb are driving the negativity and risk in the market. 

AroniSmart™ team analyzed the key stories, leveraging the Tex Mining, Machine Learning and Sentiment and Valence Analysis capabilities of AroniSmartLytics™ (AroniSmartIntelligence™) and uncovered interesting insights.

AroniSmartLytics™ Analysis of Positive and Negative Sentiment words.

Based on the analysis, as depicted in the Words Cloud below,  it was found that the the positivity (see words in green) is driven by words such as Support,  Trust, Work, Progress, Award, Gain, Sustain, Improv. The words point to a mix of both the US politics (Trump, Support, boost, etc,)  and the stock market performance. 

The negativity appears to come from  the virus outbbreak and death toll and the economy , including job loss, downturn, dowside, depression,  bankrupt, struggle, rough, and risk in the market.

Words Cloud the Latest View

AroniSmartInvest™ in Action: Key Stocks Driving the Market Sentiment

Based on the analysis, it was found that  the TECH  sector continues, in general, to drive the market, along with the few  stocks basically following similar trends.

The sectors driving the markets appears to be  TECH, Retail, Home Based Entertainment, and Healthcare with a strong momentum.

The key stocks tickers, with high  overall index in the AroniSmartIntelligence word cloud analysis, as of May 28, 2020 are:  

AAL ABC  ABM  ACAD ADBE  AEE  AHH  AHT  AIR   AMGN  AMRI  AMTD  AMZN  APO  APTS  ARC  ASA  BABA  BBDO  BGG  BIG   BMY  BNY  BOE   BPFH   CAC  CAL  CALX   CBD  CBL  CBO  CBOE   CCC  CCD  CCP  CCS  CDC   CEA  CEE  CEO   CHCT  CHS   CLA  CLDT  CLI  CMC  CMCSA   CMI  CMRE  CMS  CNSL COP   CPRT   CSB  CSF  CSGP  CTO  CTT  CVA  CVO  CWT  DAL  DATA  DAX  DBD  DLX DOW  DXCM  EBAY  EGHT  EMJ  EMR  EOG  ESG  EXTN   FARM   FCS   FEYE   FICO  FLIR  FMK  FORR   FPA FPRX  FRA  FSAM  FSP  GCO   GDDY  GILD  GLNG  GLOG  GMO GNRC  GORO   GPRO GPX GSM   GTT  HAFC  HAL  HALO  HBCP  HCHC  HCM  HHS  HIBB  HIVE  HLI   HOG  HOV   HSBC  HVT  HZNP  IBB   IBN  IBTX  ICE   IDE   INWK IPHI   IRS  ITIC  JBL  JNJ  JOB   JWN  KFRC  KHC   KNL  KNX  LIFE  LITE  LLY  LMNX   LXP  LXRX  MASI   MCI    MED  MEI  MFS  MGEE  MGI   MGM  MHLD  MIN  MITT  MKC  MKSI   MMS  MMSI  MMT  MOBL   MRO  MRTN   MWA  MXL  NATH  NFLX  NGS  NHS  NNA  NNBR  NOAH  NOC  NPV   NSSC   NYMT  NYT  OLED  OMC   ORBC  ORCL  OSK  PAYC  PBYI   PDFS  PES  PETS   PFGC    PICO  PII  PJT   PLAB  PLOW  PLT   PNC   POR   PRA   PRO  PRSC   PSA   PSCM   PTCT   QADA   QQQ   RAD  RBC  RCI   RDI  RFP  RNET  RNG   ROIC  ROLL  RPT  RST   SALT   SAP  SAR  SBGI  SEP    SJW  SLAB   SMP   SNA  SNP  SONC  SOXX  SPLK  SPOK   SPWH   SSL  SSTK  STAY   SWHC   TAC   TCAP  TDIV   TEAM  TECH  TEN  TERP  TGI   THC   TLT  TMST  TSLA  TSM  TTM  TTWO  TWTR  TWX  VALX   VIP  VIRT  VIVO  VRA  VRNT  VRTX  VTR   WEC  WERN   WIN  WING  WIRE  WIX  WMC  WMT  WPG  WSM  WTFC   WWE  YRCW  ZEN  ZIXI.

More detailed analyses can be conducted using AroniSmartInteligence™ Big Data, Machine Learning, Time Series and Sentiment Analysis capabilities.


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