Each day we dive into the StockTwits stream and pull out the morning goodness. Here’s what we found today:
Best Buy ($BBY) reported earnings this morning. The market didn’t like it as there were concerns about margins. The StockTwits stream did a fantastic job dissecting the news:
@abnormalreturns is running a holiday book giveaway. Make sure you sign up.
A slew of economic numbers hit the tape this morning. Some good, some bad. I especially love how @bondscoop always cuts through the noise to the heart of the numbers:
Twiddle-dee and Twiddle-dum, $FNM and $FRE have been noticeably rallying the last few sessions. There is talk of them receiving more money from the government. Regardless of your feelings the movement should be respected:
@cfrazierjr points out something we have been alluding to on here for a while – that the supply of equities will sooner or later catch up with the liquidity based demand. Lots of secondaries starting to hit the tape:
The StockTwits stream has been all over the moves in the trannies such as $UPS and $FDX. Charles Dow eat your heart out!
It appears that the FDIC is gearing up for 2010: The Year of Fail: