For the third month in a row the strongest stocks on Twitter have advanced. This advance comes after a period of weakness from October through November 2014. Over the past two years the portfolio is still lagging the S&P 500 index. This is mainly due to the recent weakness and the decline during March and April of 2014. High beta stocks got hammered during those two periods.
Although last months picks moved up roughly 2% the individual stock performance varied widely. As an example, the two best performers were FireEye (FEYE) up 20% and Skyworks (SWKS) up 11%, while the two worst performers were Alcoa (AA) down over 12% and Gold stocks (GDX) down 12% as well. I prefer to see all of the stocks moving together so some caution is warranted.
It’s the first Friday of the month so it’s time for new picks to track over the next month. We track the first ten stocks in the following list.
Subscribers to Trade Followers can see the strongest and weakest stocks on Twitter over several time frames.
Below is a performance chart and details of last month’s picks.
|Start Date||Symbol||Shares||Start Price||Start Total||End Price||End Total||% Gain / Loss|