The Top 10 Financial Tweets For Wednesday, July 31
There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical.
1. Pattern Traders Ltd.
Pattern Traders Ltd. (@JEliasof) tweeted the statement from the Troika following its first review of the bailout of Cyprus.
Statement by the European Commission, ECB and IMF on the First Review Mission to Cyprus http://t.co/MHYZgXvtnH
— Pattern Traders Ltd. (@JEliasof) July 31, 2013
2. Phil Pearlman
Phil Pearlman (@ppearlman), executive editor of StockTwits, tweeted this morning about the run up in Iranian stocks. His tweet highlights that Iranian stocks have quietly rallied over 50 percent since March.
"@chartly: up more than 50% since March... "@yousefiasl: Iran Stock Market Index http://t.co/FsYH6Q51Qb""
— Phil Pearlman (@ppearlman) July 31, 2013
3. Craig Erlam
Craig Erlam (@Craig_AlpariUK), a market analyst at Alpari UK, tweeted a Bloomberg article that highlights several weaknesses in China's financial system.
Black Holes at China's Shadow Banks http://t.co/2NJA4tM8cX
— Craig Erlam (@Craig_AlpariUK) July 31, 2013
4. Russian Market
Russian Market (@russian_market) tweeted this morning as Facebook (NASDAQ: FB) shares briefly returned back to its IPO price at $38.
#BREAKING FACEBOOK SHARES TRADING OVER $38.03 IN PRE-MARKET ABOVE INITIAL IPO PRICE @facebook @jimcramer @carlquintanilla
— Russian Market (@russian_market) July 31, 2013
5. Holger Zschaepitz
Holger Zschaepitz (@Schuldensuehner), editor of the financial and economics desk at German paper Die Welt, tweeted out a comment from the IMF on Greece's bailout progress. He noted the financing gap that has appeared in 2016, which is a large part of the reported 11 billion euro financing gap.
#IMF: #Greece Bailout Faces €6.5bn Financing Gap in 2016
— Holger Zschaepitz (@Schuldensuehner) July 31, 2013
6. Michael McKee
Michael McKee (@mckonomy), economics editor for Bloomberg TV and Radio, tweeted this morning following the strong ADP Employment report, noting that it sets up a strong Non-Farm Payrolls report on Friday.
ADP 200k number a good omen, if not forecast for Friday payroll report. Over past six months a 95% directional correlation.
— Michael McKee (@mckonomy) July 31, 2013
7. lemasabachthani
lemasabachthani (@lemasabachthani) tweeted following the Treasury's funding announcement this morning.
*TREASURY SAYS FIRST FLOATING-RATE NOTE AUCTION EXPECTED IN JAN
— lemasabachthani (@lemasabachthani) July 31, 2013
8. Jeff York
Jeff York (@mpgtrader) tweeted his technical analysis of Apple (NASDAQ: AAPL). He noted that shares were pulling back this morning and that he sees $448 as support.
$AAPL getting the pullback I talked about last night. Watching the 448 gap for support. pic.twitter.com/SZcJfy6xXp
— Jeff York (@mpgtrader) July 31, 2013
9. CMCM
CMCM (@CMCMFIN) tweeted this morning following the release of the second quarter GDP data. Apparently, CMCM believes that the data was boosted by Sharknado...
Sharknado innovation buoyed GDP?
— CMCM (@CMCMFIN) July 31, 2013
10. Wu-Tang Financial
Wu-Tang Financial (Wu_Tang_Finance) tweeted following the release of the GDP revisions to prior years as well, noting that the recent data has been sub-par.
2010 GDP 2.5% 2011 GDP 1.8% 2012 GDP 2.8% 2013 GDP 1.5% My momma was raised in an era when, sub 3% growth wasnt acceptable for her kin
— Wu-Tang Financial (@Wu_Tang_Finance) July 31, 2013
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