The Revival of Social Media Stocks and The Soros-Icahn Tag Team

The economic gods were holding volatility lightning bolts. First there was Bernanke, next the Bank of England, and then the ECB and Draghi. Both @andrewunknown and @hertcapital made sure to point this out. But the gods threw none. The S&P 500 rose above 1700 for the first time, 3D printing stocks saw huge message volume influxes, George Soros joined the Herbalife theatric, and social media stocks might have had their best month ever.

For most of July and even into August companies like LinkedIn ($LNKD), Yelp ($YELP), Zillow ($Z), and Facebook ($FB) saw massive increases in their stock price. All of them are now up more than 30% month-to-date:

original_14950513

And it’s not just social media stocks in the U.S. that are having a great month. It is happening all over the world. Look at Internet stocks like “the eBay of South America” MercadoLibre ($MELI), and China’s largest search engine Baidu ($BIDU):

Screen Shot 2013-08-02 at 1.59.54 PM

Further down the tech spectrum and we found significant changes in social volume around 3D printing stocks. 3D Systems ($DDD), for example, saw message volume grow by nearly five times its 2-month average:

Screen Shot 2013-08-02 at 12.47.32 PM

Two 3D printing companies, $DDD and $PRLB, reported second quarter earnings that missed Wall Street’s expectations but it did not seem to matter. The most popular basket of 3D printer stocks ($DDD, $XONE, $PRLB, $SSYS) still closed up, on average, +1.5% for the week. Is this a result of a strong market? A serious accumulation of a trend? Or are some having flashbacks of the 1961 bowling stock bubble? I don’t know. You tell me.

Screen Shot 2013-08-02 at 12.02.23 PM

 

 

Finding its way back onto center stage is Herbalife ($HLF). It now appears that the man who broke the Bank of England, George Soros, is also long $HLF  with juggernaut Carl Icahn:

Screen Shot 2013-08-02 at 2.44.12 PM

In a matter of minutes the community was comparing Soros’ epic entrance to that of a giant transformer being airlifted to sea by 8 helicopters:

Screen Shot 2013-08-02 at 12.06.09 PM

 

Then @marketclouds posted this chart and reminded everyone that the Herbalife story is quickly evolving into a Greek Tragedy:

1077536_10151703614048971_1133837314_o

 

What else happened this week on StockTwits:

LinkedIn live tweeted their second quarter earnings report on StockTwits. And so did Royal Dutch Shell

– U.S. Homeownership rates have fallen to their LOWEST levels in more than 17 years

– How expensive college has gotten? by @TheArmoTrader

– The entire Fed POMO schedule for August

– Please put your hands together and welcome Biometrics

The Labor Force Participation rate remains abysmal

Speaking of Soros

– $SODA flashed its growth potential

This Guy Is 3D Printing a Classic Aston Martin

Ryan Detrick shows off the biggest contrarian call

For the first time EVER, digital media viewership is expected to surpass TV

 

The three images you have to see:

 

1.) Trader’s Inferno:

Screen Shot 2013-08-02 at 3.14.49 PM

2.) The incredible RISE and FALL of S&P 500 volume:
Screen Shot 2013-08-02 at 3.16.46 PM

 

 

3.) The Meditations of Ben Bernanke:

Screen Shot 2013-08-02 at 3.15.45 PM

blog comments powered by Disqus
StockTwits Blog
  • StockTwits® is an open, community-powered idea and information service for investments. Users can eavesdrop on traders and investors, or contribute to the conversation and build their reputation as savvy market wizards. The service takes financial related data and structures it by stock, user, reputation, etc. More »

  • Search by Date

  • Join StockTwits