Choppy is one word to describe the course of the markets over this pivotal week of economic events. It began with markets slightly edging down as investors were anxiously awaiting the Fed’s FOMC meeting on Wednesday. To no one’s surprise, Yellen and her comrades decided to leave rates unchanged and in all likelihood that will remain the case until December.

The bigger news came across the Pacific when earlier that day the Bank of Japan overhauled its monetary policy. Moving forward the bank will begin targeting yields on government bonds to achieve its inflation target, after years of money printing and quantitative easing. The move ensures that if a global bond market sell off ensued, it won’t be started by Japan.

Other market moving news concerning equities came out of Twitter (TWTR) and Facebook (FB). After RBC downgraded Twitter stock, news came out that they were moving closer to a sale with several potential suitors including Google (GOOG)  and Salesforce (CRM). The stock was up nearly 20% in Friday trading and was the top performing stock in the Social Media game. The Forcerank consensus ranked Twitter in the 3rd position which indicates our community was high on the company performing well this week.

Facebook, on the other hand, was caught in the middle of negative publicity. It was found that the social media giant had been overestimating key video metrics for nearly 2 years.  Shares are down about 1.5% for the week and was the worst performer among the 9 other social companies.

Outside of social media, this week’s Forcerank data featured a number of other standouts. GoPro (GPRO), ranked second in the hardware contest, was up over 10% this week following the debut of its two newest products: HERO 5 and Karma drone. This caused one Wedbush analyst to raise his price target to $17.50. Even prior to that Bank of America upgraded the stock last week to buy.

Adobe (ADBE) and JPMorgan (JPM) round out some of the additional winners. Adobe reported better than expected earnings on Tuesday and has been on a roll ever since. Meanwhile, JPMorgan has been trending up since the start of the week despite the Fed’s decision to leave rates unchanged. Both names were ranked in the top 3 of their respective games.

The losers, on other hand, included Tableau (DATA) and Viacom (VIAB), both of which ranked lowest in their respective contests. Viacom made headlines on Wednesday when it said that interim CEO Tom Dooley would be departing this November. But that wasn’t the only news. The company also cut its dividend in half and also said it’s no longer looking to sell its stake in Paramount Pictures. Fortunately for investors the stock was only down 1.15% in the past 5 days. Tableau wasn’t victim of any bad news but a broader slowdown. Negative earnings growth coupled with decelerating revenue has translated to a drop in the stock.

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Photo Credit: Andreas Eldh