Market Overview

Social Media Analytics: Crowd & Expert Sentiment On The Google-Twitter Acquisition, Crude Oil

Share:
Social Media Analytics: Crowd & Expert Sentiment On The Google-Twitter Acquisition, Crude Oil
Related GOOG
Can You Guess This Chart?
Barron's Picks And Pans: 2017 Picks, Retail Stocks, AT&T And More
November Portfolio Roundup: 2 Buys, 1 New Position (Seeking Alpha)
Related GOOGL
Holiday Shopping and Retail Sector Impact
Disney Would Likely Trade Down On A Netflix Deal
Iron Mountain: Worth A Look From Income Investors (Seeking Alpha)

As social media continues to gain importance in the investing world, knowing what is being said is becoming crucial.

Market Prophit compiles and analyzes investing-related social media commentary and develops statistics that tell users both the crowd and the expert (or Market Prophit) sentiment.

Benzinga spoke with CEO Igor Gonta, who provided an updated summary of recently trending stocks and some other social media stock chatter.

The Google-Twitter Issue

With rumors swirling Tuesday of a possible interest by Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)to acquire Twitter Inc (NYSE: TWTR), sentiment has been showing the following over the last few weeks:

Gonta tells Benzinga that the Crowd is neutral on Google right now, however, Market Prophits are bearish. “The divergence started occurring on March 27th.”

For Twitter, “the Crowd is bullish but the Market Prophit sentiment is bearish and the divergence started occurring around March 16th.”

Over the last week, a "Top Market Prophit" of note (top tweeter by returns) for Twitter was @TradeArcher, Gonta said.

Crude Oil

“With the record build today and the framework agreement agreed to with Iran, oil has been under pressure. For the the symbol CL_F, which is crude oil futures on Market Prophit, the Crowd has been slightly bearish while the Market Prophits have been very bearish. The divergence in sentiment started occurring around March 30th.”

In the last week, @RalstonMax was a “Top Market Prophit.”

Posted-In: @RalstonMax @TradeArcher Igor GontaCrowdsourcing Exclusives Markets Tech General Best of Benzinga

 

Related Articles (GOOG + GOOGL)

View Comments and Join the Discussion!