Read on Twitter
Social media and markets have fascinated me since 2007. Smart people to follow on this topic include: @howardlindzon @sairarahman @ritholtz @EricBalchunas @rkhanna @TheStalwart @ReformedBroker @ppearlman @DeniseKShull
Some good stories this week in the thread.
Some good stories this week in the thread.
The original social media for trading was @TheTerminal at @Bloomberg. @TedMerz @mdimont have long integrated social and here is their take: https://www.bloomberg.com/professional/blog/financial-market-frenzy-takes-over-social-media/
I can’t say enough about my friend, mentor and founder of @Stocktwits —> @howardlindzon. Here is his latest https://howardlindzon.com/social-media-as-a-market-force/
Another educational piece from @matt_levine on so many components. This is a great explainer of how the plumbing works: https://www.bloomberg.com/opinion/articles/2021-01-29/reddit-traders-on-robinhood-are-on-both-sides-of-gamestop
Great exclusive today from @GunjanJS in the @WSJ https://www.wsj.com/articles/keith-gill-drove-the-gamestop-reddit-mania-he-talked-to-the-journal-11611931696?st=xllz3s3jtuoqurz&reflink=article_copyURL_share
I’m old enough to remember what a real squawk box was (before the TV show on CNBC) and how it worked on the trading floor. The squawk box moved to social media years ago https://www.reuters.com/article/us-retail-trading-forums-idUSKBN29X2HA
Back in 2010 I spoke with @iimag about the rise of social currency -- the intersection of finance and social media https://www.institutionalinvestor.com/article/b150qdb791h349/chicago-exchanges-carve-out-a-niche-on-twitter
@howardlindzon told me a long time ago "“No matter what others call us or think, @Stocktwits is a NEWSWIRE. Information is flowing from one to many, all day, every day and it is full of context.” I've kept that mindset ever since with Social Media.
I wrote a haiku a long time ago about social media and markets; it remains true today:
Data can inspire
Focus on relationships
Time will pay returns
Data can inspire
Focus on relationships
Time will pay returns
Adding more smart, funny people to this fintwit thread of mine above you should follow: @RobinWigg @katie_martin_fx @michaelbatnick @fed_speak @michaelsantoli @calebsilver @IvanTheK @callieabost @awealthofcs @TheRudinGroup @The_Analyst
I've long advocated that IR and MarComms teams need to follow social media -- either on @StockTwits or @Twitter and @SproutSocial breaks down the week https://sproutsocial.com/insights/gamestop-stock-social-media/
