Social Media Analytics Show 'The Crowd' Is Bullish On Apple & Facebook, Bearish On Alibaba

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Market Prophit gathers the social media commentary that's related to investing and the stock market, analyzes it, and develops statistics that can tell users both crowd and expert sentiment.

The company’s CEO, Igor Gonta, spoke with Benzinga on Wednesday afternoon, amid some of the biggest earnings calls of the season.

He shared a few stocks buzzing in the social media world.

Apple (Bullish)

For Apple Inc. AAPL, Gonta said, “after blowout earnings, both Crowd and [expert] signals continue to be very bullish. One of our Top Market Prophits last week was @TradeTexasBig, who nailed the stock.”

Related Link: 3 Ways Apple Is Changing Retail

Facebook (Bullish)

“Now, looking ahead into earnings, for Facebook Inc FB today, both Crowd and [experts] are very bullish as well.”

Related Link: Mega-Hedge Fund Manager: Facebook's Stock Price 'Hardly Represents Any Sort Of Value'

Alibaba (Somewhat Bearish)

Finally, both sets of social media users are bearish on Alibaba Group Holding Ltd BABA, “but not by very much,” he said.

Posted In: Long IdeasShort IdeasPreviewsCrowdsourcingTechTrading IdeasGeneral@TradeTexasBigIgor GontaMarket Prophittwitter
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