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Send email alerts whenever mmi (market mood index) crosses a threshold value

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MMI Alert

Send email alerts whenever mmi crosses a threshold value. This is a scheduled cron (runs Mon-Fri at 11am IST) job built using AWS Lamda, Serverless and Node

What is MMI?

MMI stands for market mood index. It's an investor sentiment tool that describes the current mood of the market. Detailed info

From where are you getting this data?

I'm currently using an api created by Smallcase. They were kind enough to make it public :)

Who can use it?

Anyone! Just follow these steps to setup your own cron job:

How are these alerts useful?

These might be useful to you if you're a passive investor. MMI is a good overall indicator of market mood, which can be used to plan your investments.


Disclaimer

MMI is a sentiment index and investors shouldn’t take buy/sell decisions, just based on the current value. But once an investor has decided to invest or close existing positions, the MMI can help them better time the market.