The Twitter-24/7 Wall St. Stock Market Watch

April 20, 2010 by Douglas A. McIntyre

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.

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 include Goldman Sachs Group (NYSE: GS), Citigroup Inc (NYSE: C), Apple Inc (NASDAQ: AAPL), International Business Machines (NYSE: IBM), Moody’s Corp (NYSE: MDO), and Bank of America Corporation (NYSE: BAC)

NYT: In case you missed it: Great story on how the world got a glimpse of Apple’s new iPhone. http://nyti.ms/aFCK2N

WSJ: Deal Journal: Evening Reading: Whatever Happened To Buffett’s Goldman Bet? http://bit.ly/ap5hX9

NYT: Goldman’s Revenue and Earnings Top Forecast http://nyti.ms/9hj3hP

CNN Money: Google passwords reported breached in ’09 attack http://bit.ly/cSFwi7

MarketWatch: Britain’s financial regulator to start formal Goldman Sachs investigation http://on.mktw.net/dCJ3BH

MarketWatch: Goldman Sachs says it appreciates client support as profit hits $3.46 billion http://on.mktw.net/bSzjZT

MarketWatch: Southwest Airlines hits full-year high after upgrade http://bit.ly/aoxgRv

Douglas A. McIntyre

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