Investing
The Twitter-24/7 Wall St. Stock Market Report 5.19 The Wisdom Of Crowds?
Published:
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million Twitter users. It raises the question of whether there is wisdom in crowds.
24/7 Wall St. will look at the Twitter posts at Reuters Biz, WSJ, Financial Times, CNN Money, MarketWatch, CNBC, and 24/7 Wall St. each day to see which stocks are most frequently mentioned. It is clear that in this area of social media these tweet are a sign of which companies the Twitter universe is interested in. These financial sites are followed by a combined 625,000 Twitter users which makes them a sizeable sample of Wall St.’s interests. In some cases, we will publish the actual tweets from the sites.
Among the daily top trending symbols on stock twitter aggregator StockTwits are Visa, Inc (NYSE: V), VIVUS Inc. (NASDAQ: VSVS), Hewlett-Packard Company (NYSE: HPQ), ProShares Ultra DJ-UBS Crude Oil (NYSE: UCO), Standard & Poor’s Depository Reciepts (NYSE: SPY), and Goldman Sachs Group Inc (NYSE: GS).CNN Money: Consumer prices edged down 0.1% in April due to falling energy prices, government says; prices still up 2.2% for the year. $$
MarketWatch: U.S. consumer prices fall 0.1% in April http://on.mktw.net/byLICJ
WSJ: U.S. consumer prices fell 0.1% in April. http://on.wsj.com/9SmVXt
WSJ: The euro hit a new four-year low today http://on.wsj.com/di3kC8
MarketWatch: Stocks in Europe decline in the wake of Germany’s ban on ‘naked’ short selling http://on.mktw.net/a0azMe
Reuters Biz: Target profit rises on clothing, electronics http://link.reuters.com/raf25k
Reuters Biz: Google beats Microsoft in smartphones, catching Apple http://link.reuters.com/jaf25k
Reuters Biz: Geithner urges “follow through” in Europe crisis http://link.reuters.com/rec25k
FT: German ban adds to eurozone worries: Global Market Overview: Berlin’s ban on ‘naked’ short-selling adds to concern… http://bit.ly/d7nyha
Douglas A. McIntyre
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
