Sentiment Analysis for Finance: an Oxymoron

Sentiment Analysis is mostly wrong right now, especially when it comes to finance. More specifically, the way sentiment analysis is being used to categorize language in financial text is completely unhelpful. There are fleets of machine learning models combing through reddit every day trying to give their stakeholders an edge, but are unlikely to yield meaningful results. Why? Let’s see.

A nice candlestick chart that for some reason gaps like every day
Photo by M. B. M. on Unsplash