Overheard on StockTwits: What Will the $FED Do?

• Posted by Howard
• on December 16th, 2009

Each day we dig into the StockTwits stream and pull out the morning goodness. Here’s what we found today:

It appears that Ben Bernanke won Time magazine’s “Person of the Year”. The StockTwits stream was hilarious as usual. I especially like @jfahmy‘s tweet.

$GS’s Abby Joseph Cohen was on CNBC this morning and, like clockwork, made a very bullish call, like she did in 2008! At least we hold her accountable here on StockTwits:

Some economic data hit the tape today. Housing Starts and CPI both were in line, but Oil Inventory numbers were bullish. Lots of chatter on $USO and $OIH.

This morning it came out that $INTC was accused of illegal monopoly practices by the FTC. $INTC hurt but $AMD soared. Similar injunction against $MSFT in Europe. I agree with @sgoldstein12, $GOOG is probably next.

$ADBE came out with really solid earnings last night and NOW (and over 100% returns later) the sell-side upgrades them:

Gourmet Marijuana Restaurants popping up in Denver. I think this could be the start of a major trend. As @stevenplace once said, out of this will come the legalization of the 3 P’s: “Pot, Prostitution, and Porn”

$C is tanking into its secondary pricing. I think they may be the stars of TARP 2:

I love how people on StockTwits share such interesting stats and information. Here’s a gem from @alaidi.

This morning we asked the community what they thought the FOMC would do or say today using our brand new $FED stream. Here’s some of the great responses:

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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