Author: shyam

There is a growing trend of market pundits hopping on to Twitter to spread their favourite stock picks. StockViz has collated tweets since the April of this year and put together a leader-board of sorts. The largest twitterer was StocksTips, with a whopping 3140 tweets:

With “India Shining” and all, is it any wonder that most of them were “buys”?

And lastly the sells:

To the active investor, the question is how many of them foretold the most recent market rout? The leader-board for the number of sells after April 25^th:

Happy twittering!

the most likely reason for day’s sell-off was, simply, that a sell-off was due

via FT Alphaville » What drove the commodities rout?.

A bloody day across the commodities complex in pictures.

FT Alphaville » Rout.

Oil collapsed into free-fall on Thursday, diving as much as 10 percent and sending U.S. crude back under $100 a barrel as investors staged a nearly unprecedented stampede for the exits.

via Oil crashes 10 percent in record rout | Reuters.

Silver for July delivery declined $3.15, or 8%, to $36.24 an ounce on the Comex. Gold settled under $1,500 an ounce. Silver has shaved its yearly gains to 17%. It lost 25% since Friday.

Gold, silver plunge on new margin increases Metals Stocks – MarketWatch.