@porchester The Commonstock Sentiment Indicator uses the text of comments on Commonstock, rating words as bullish or bearish, and then spits out an overall reading for the Commonstock community as a whole.
@lester manages the Natural Language Processing, so he may have a more technical explanation of the CS Sentiment Indicator if you're looking for more depth 😃
@giuliano_mana was horrendously jet lagged but besides what Nathan posted, we actually use transformer models like BERT to read the comment sentiment. Once that's done, the sentiment gets fed into a model similar to XGBoost to decide to go long or short.
We ended up picking SPY and a SPY inverse. This way we dodge any very improbable margin call spots.
As for performance, it tends to trend pretty hard and actually has surprisingly decent day trading results. We opted for a more trend trade, since day trades would be hard to follow if people wanted to play along.