We explore the predictive relation between high-frequency investor sentiment and stock market returns. Our results are based on a proprietary dataset of high-frequency investor sentiment, which is computed based on a comprehensive textual analysis of sources from news wires, internet news...

Emotion plays a significant role in both institutional and individual investors' decision making process. However, there is a lack of empirical evidence available that addresses how investors' emotions affect commodity market returns. This study examines the short-term predictive power of...