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

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