MarketReader is a market intelligence company with a simple goal: to explain why the market is moving.
Many financial firms currently use artificial intelligence and other cutting-edge tools to attempt to predict market moves before they happen. Leveraging our prior experience building predictive tools and providing award-winning research, the MarketReader team has applied industry-leading empirical analysis to create a tool that pinpoints the reason for asset price movement as it is happening, in near real-time. In short, MarketReader explains the market rather than trying to predict it.
A primary reason for MarketReader’s existence comes down to a fundamental truth: not all investors have access to the high quality financial information they need to truly understand the market.
By building tools that use complex, high-frequency technology to surface market insights that would ordinarily require a team of analysts to identify, MarketReader democratizes access to such information and empowers each individual investor to understand why the market is moving.
Where We Are
In order to pinpoint the “why”—why did Apple stock just go up?—we first must identify the “what.” In an increasingly complex market, this is easier said than done.
Our system highlights abnormal price movement in real time by constantly scanning and analyzing vast amounts of market data.
Our live market screener at www.screener.marketreader.com displays the output of this “hot bar” engine (i.e. the abnormal price action identified by our system). This allows users to instantly recognize what assets are moving in an unusual manner compared to what has been observed historically.
We hope you will want to dedicate a monitor to this tool while trading, and we encourage those interested to sign up for email updates and provide us with feedback on how we can improve and add features over time.
Where We’re Going
Building on the foundation of our “hot bar” engine, the MarketReader team is developing a set of sophisticated models that will instantaneously explore every possible driver of an asset price movement and return an empirically rigorous, objective explanation in a concise, data-centric format. These models will rigorously analyze news, social media, factor modeling, economic calendars and other sources.
The full product, when launched, will identify unusual price movement as it happens and provide data-driven explanations of that price movement in near-real time.
As of Q2 2022, MarketReader is currently building out our team, developing and iterating on technology systems, and raising additional capital. Stay tuned for more announcements in the near future.