Social Media Data Early Indicator Of Chase Sapphire Reserve Popularity

The latest data from TickerTags indicates that social media buzz predicted the huge success of JPMorgan Chase & Co. JPM 0.41%‘s Chase Sapphire Reserve premiere credit card.

TickerTags monitors social media sites to identify trends by searching for words and phrases that appear together in social media content, such as tweets.

Last month, JPMorgan received so many applications for its Chase Sapphire Reserve card that it ran out of the metal version of the card and had to issue temporary plastic cards to customers. Message board discussions of the popular card were an early indication of its massive popularity.

In the first week of August, mentions of “Chase Sapphire” on consumer and travel message boards jumped 199 percent compared to the average daily mentions in the month of July. Social media chatter continued to pick up through August 22. At that point, “Chase Sapphire” mentions peaked at 481 percent their average July level.

Overall for the month of August, social media buzz about Chase Sapphire more than doubled…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common SenseI don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!