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
MMI stands for market mood index. It's an investor sentiment tool that describes the current mood of the market. Detailed info
I'm currently using an api created by Smallcase. They were kind enough to make it public :)
Anyone! Just follow these steps to setup your own cron job:
- Fork this repository
- Create an AWS account
- Setup Severless on your machine
- Generate email credentials for mailer library
- Save those credentials in json format in the root directory
- Install all the dependencies
- Annnd deploy your serverless app on AWS 🎉🎉
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.
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.