Stock market investors (typically hedge funds) who have the resources to acquire targeted satellite imagery (parking lots) and the analysts or the AI to crunch that data are using it to predict slumps in earnings and short the stocks of big-box retailers ahead of their quarterly earnings announcements.
I’ve noticed that news of this practice is percolating into the wider investor marketplace and will soon be competed out.
Just doing my part to illuminate Big Data gambits that are widening the disconnect between creating wealth and value.
SEÑOR - The Blog 