The Twitter-24/7 Wall St. Market Watch (8/12/2010): Dark Mood In America, More Foreclosures

Investing

Published: August 12, 2010 7:00 am

Last Updated: August 12, 2010 9:18 am

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.

FT: Risk aversion eases following sell-off: Global market overview: A rebound in risk appetite following a spate of gr… http://bit.ly/d9xVqw

CNN Money: JetBlue, the comeback kid of the skies http://bit.ly/cCo8oZ

CNN Money: Foreclosures rise in July http://bit.ly/9iTD0m

Reuters Biz: Eurozone industry output down in June, strong over Q2 http://link.reuters.com/nan64n

MarketWatch: Price war threatens cereal makers’ profits http://bit.ly/aze4ql

WSJ: Americans are growing more pessimistic about the economy and the war effort in Afghanistan, a WSJ/NBC News poll finds. http://wsj.com

Yahoo! Finance: Home Foreclosures Rose 9% in July http://bit.ly/9NDN8o

Douglas A. McIntyre

The Average American Has No Idea How Much Money You Can Make Today ^(Sponsor)

The last few years made people forget how much banks and CD’s can pay. Meanwhile, interest rates have spiked and many can afford to pay you much more, but most are keeping yields low and hoping you won’t notice.

But there is good news. To win qualified customers, some accounts are paying almost 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

¹https://www.fdic.gov/national-rates-and-rate-caps