Investing

The Twitter-24/7 Wall St. Market Report (7/11/2011) Oil Below $95, Whole Foods Upgrade

Twitter  has, by most estimates, 225 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 tweets are a sign of which companies the Twitter universe is interested in. Together, these financial sites are followed by nearly 1,000,000 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.

Yahoo! Finance: Oil falls below $95 after weak US jobs report http://yhoo.it/pJEJkQ

CNNMoney: Debt ceiling talks still aren’t going well with 3 weeks left. Will the rating agencies notice? http://bit.ly/n1yO2p

NYT: DealBook: Nestle to Buy Control of China’s Biggest Confectioner http://nyti.ms/qoBEgO

Zerohedge: Goldman puts Whole Foods on conviction buy list (previously Neutral)

NYT: BSkyB Bid Embroiled in Politics http://nyti.ms/qYwn8D

Yahoo! Finance: BSkyB shares slide over doubts on News Corp. bid http://yhoo.it/nEPyvZ

NYT: Peabody and Arcelor Seek Control of Macarthur Coal http://nyti.ms/n3Dhqx

Douglas A. McIntyre

Take Charge of Your Retirement In Just A Few Minutes (Sponsor)

Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.

Here’s how it works:

  1. Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
  2. Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
  3. Choose Your  Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.

Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!

 

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.