Show HN: Descriptiv – why are stocks moving?
descriptiv.ai
descriptiv.ai
Descriptiv is trying to prioritize the real-time market for you. At this given moment in time what is the most important story going on that affects your portfolio.
Often... you'll see that the catalyst for a stocks movement is coming from a "neighbor" and not the company itself. IE... FB stock could tank because Dorsey is testifying in front of congress.
What you'll see in the two columns here are the "spotlight" piece of the puzzle. The three color bars are attributing the current price movement to movements in the broader market... the peers/neighbors... or Other (which usually means the movement is coming from yourself).
As an example... Casino stocks (LVS, MGM, etc) were all down this morning... we identified a B of A downgrade for Wynn as the catalyst.
Caveats!
We took out real-time (prices will update periodically) and news because of cost/permissions. Internally there is a third column which after spotlighting the catalyst tries to surface a news story that fits.
POC but this is first time sharing this with anyone outside our small group :). Would love to hear what you think!
But yeah, its a functional POC (hence why its void of a lot of marketing info). What you see is a super simplistic dashboard that is following the S&P 500.