At the close yesterday (4/30/15) a consolidation warning was issued from 7 day momentum calculated from the Twitter stream for the S&P 500 Index (SPX). The warning comes from a negative divergence that lasted more than three weeks which was followed by a break of the confirming uptrend line that began in January. This suggests […]
The Twitter Top 10 Portfolio hasn’t been able to gain any traction after the severe damage done in the first four months of the year. This month is shaping up to be another loser due to a huge decline by Plug Power (PLUG) which is down almost 30%. The screen has been picking too many […]
Over the past month the Twitter Top 10 portfolio was down over 1% even though the S&P 500 Index was up. Ironically, the largest drag on the portfolio was Twitter (TWTR) which was down over 25%. Another thing of note for TWTR is our trading strategy called a sell signal for TWTR in mid September […]
The Twitter Top 10 portfolio is slightly down this month and is performing similar to the S&P 500 Index (SPX). The only real leader this month is Bank of America (BAC) up over 5%. The drags on the portfolio are Achillion Pharmaceuticals (ACHN) down almost 10%, JC Penney (JCP) down 8%, and Netflix (NFLX) down 6%. […]
The StockTwits Top 10 portfolio continues to track the S&P 500 Index (SPX). It is slightly under performing this month mainly due to Advanced Micro Devices (AMD) down 12.5% and First Solar (FSLR) down 5.5%. Lululemon Athletica (LULU) is the only stock that is significantly out performing SPX, up nearly 8%. Below is a performance […]
Last Monday the momentum stocks took a big hit on a mild down day in the market. Yesterday the market sold off harder, but momentum names didn’t get hit as hard as last week. This is an encouraging sign for the market as a whole because it indicates that profit taking in high fliers is slowing […]
The Twitter Top 10 Portfolio is taking a turn lower this month. The portfolio is being hurt by JC Penney (JCP) down 8%, Achillion Pharmaceuticals (ACHN) down 5%, and Netflix (NFLX) down 4%. The portfolio is also being impacted by the drop in many momentum stocks earlier in the week. This isn’t good news for […]
The StockTwits Top 10 Portfolio continues to track the market. For the past few months the performance between the S&P 500 Index (SPX) and the the portfolio has been almost exactly the same. This is at odds with the way the Twitter Top 10 portfolio has performed. It tends to outperform in up trends and […]
Here’s some charts I posted to Twitter and StockTwits last week…in no particular order.
Over the past month the Twitter Top 10 portfolio basically tracked the market. There were two big gainers Twitter (TWTR) and Gilead Sciences (GILD). Both were up around 14%. The big drag on the portfolio was El Pollo Loco (LOCO) down nearly 14%. On the first Friday of every month we select the 10 most […]