Minyanville Media Creates "Occupy Wall Street" Index to Track Stock Market Performance During Protests

NEW YORK, Oct. 27, 2011 /PRNewswire/ -- Minyanville Media, the Emmy Award winning financial content and community platform, has created "The Occupy Wall Street Index," which tracks the stock-market performance of nine companies that represent issues the Occupy Wall Street protesters are standing against.

The index tracks companies such as Goldman Sachs and News Corp, which are specifically targeted at the Occupy Wall Street rallies, as well as McDonald's, BP, and Wal-Mart, which are representatives of the issues and trends that the protesters are rallying against. The list of companies is rounded out by JP Morgan, General Electric, Lockheed Martin, and SLM Corp.

The nine companies are equal-weighted in the index, and have been tracked as of September 16th, the last trading day before the protests began in New York City. The column, written by Michael Comeau and appearing regularly on Minyanville.com, summarizes recent news surrounding any of the nine companies and the Occupy Wall Street movement, and charts the performance of the companies against the stock-market average to examine any correlations.

"We came up with the Occupy Wall Street Index as a lighthearted way of looking at the movement's litany of issues through a stock-market prism," said Comeau.

"If these companies really will do anything in the name of profit, and if they really do have a stranglehold on government, then it's worth asking if stock-market dominance is the ultimate result. Or could societal acrimony manifest itself in a way that actually damages their business models?"

Michael Comeau's introductory column can be read here; the follow-up story can be read here.

About Minyanville Media

Minyanville Media, Inc., the Emmy Award-winning financial news website, has created branded business content that informs, entertains and educates all generations about the worlds of business and finance. Minyanville Media has created unique digital content and destinations providing marketers a dynamic platform to connect with high-valued audience segments. Anchored by the flagship site Minyanville.com, Minyanville is quickly becoming the go-to destination for people wanting to know what's happening in business and finance before it happens. The site features a roster of more than 40 world-class "Professors" comprised of traders, money managers and some of the best minds in business media. Minyanville's mission is to effect positive change through financial understanding, from the ABCs to the 401(k)s.

SOURCE Minyanville Media, Inc.

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED