Harnessing the social pulse – the Sentinel Strategy for banking trading decisions

This reflects the strategy’s reliance on tracking and analyzing public sentiment to make informed trading decisions.

This trade demonstrates how to utilize the Twitter (now X) API to monitor public sentiment toward banks and convert it into valuable trading signals. We will shift our focus to data collection and pre-processing, incorporating Tweepy to access Twitter’s (now X) API, and TextBlob to quantify sentiment. The next part of our journey revolves around tracking traditional financial indicators using the yfinance module. By the end of this section, you should have a solid understanding of how social media sentiment can be harnessed to make informed trading decisions.

Obtain the Twitter (now X) API (if you don’t have one already)

To obtain Twitter (now X) API credentials, you must first create a Twitter (now X) Developer account and create an application. Here...