NEW YORK ( TheStreet) -- Investors on StockTwits.com sought protection in gold and currency hedges Wednesday after the government released GDP estimates that signaled the U.S. recovery may be faltering.
The StockTwits advanced search bar, currently in beta testing, showed investors discussing GDP also talked about adding to gold positions and buying pounds. GLD) an ETF that tracks the price of the yellow metal, fell 0.26% by 11a.m.
Surprisingly to some investors, the S&P 500 and the Dow were near flat after the report.
$SPY if bulls come out of this with a win today I really will be shocked. Hard not to be emotional about a GDP print like that.