Market Overview

Social Media Outlook for Monday August 13 (TSO, BAC, KO, GS)

In recent years, traders and investors have increasingly turned to social media to discuss their investments. Now, interested parties can get a scientific look at what is being discussed on a weekly, monthly, and even hourly basis.

Provided by Social Market Analytics, here is the social media outlook for Monday, August 13.

Most Bullish

Tesoro (NYSE: TSO) rallied 6% after it announced that it would purchase BP's Carson Refinery, Arco Retail Network and Arco assets for $2.5 billion.

Bank of America (NYSE: BAC) initially rallied early on Monday before selling off as the broader market indices moved lower. The company reported that it would sell its non-U.S. based wealth units to Julius Baer.

Most Bearish

Coca-Cola (NYSE: KO) traded down slightly on Monday after Goldman Sachs downgraded the name to Neutral from Conviction Buy.

Goldman Sachs (NYSE: GS) shares of the bank were little changed on Monday, but the name may have been seen on social media in relation to a few ratings changes. In addition to Coke, Goldman also changed its rating on Campbell Soup (NYSE: CPB), upgrading the name to Conviction Buy from Neutral.

Most Discussed

Apple (NASDAQ: AAPL) is frequently discussed on social media. The tech giant is expected to unveil the iPhone 5 in the coming weeks.

Google (NASDAQ: GOOG) said it would let go 4,000 of Motorola Mobility's employees. Google announced its acquisition of Motorola Mobility in 2011 and closed the deal earlier this year.

Goldman Sachs (NYSE: GS)

J.C. Penney (NYSE: JCP) reported disappointing earnings on Friday.

Bank of America (NYSE: BAC)

Interested in getting more information about stock trends on social media? Sign up for the Social Market Analytics newsletter on the SMA website.

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