Technology stocks (NDX and QQQ) had a bad day today and it showed up as a big negative divergence in sentiment strength scores on Twitter. Although small caps (IWM) closed positive today they had a rough day on the stream. Meanwhile the S&P 500 index (SPX and SPY) just keep on climbing with strong support […]
Below are some charts we posted on Twitter and StockTwits this week. Follow us @_TradeFollowers on Twitter and @TradeFollowers on StockTwits if you’d like to see them in real time.
Here’s some charts we posted on StockTwits and Twitter this week. Enjoy.
Social media is flashing a caution sign for 3D Systems (DDD). The pattern painted by both Twitter and StockTwits momentum show indecision by traders, which leads to chasing price. Take a look at the wild swings in the daily indicator. Each move in price is accompanied by momentum chasing it. Stable stocks that have support […]
The Twitter Top 10 portfolio is closing the gap with the S&P 500 Index (SPX) this month even as we’re seeing a large split between high performers and laggards. Twitter (TWTR), down over 7% and 3D Systems (DDD), down 14% are the largest drags on the portfolio. Facebook (FB), up nearly 14% and Plug Power […]
Over the past week the StockTwits Top 10 portfolio recovered a few percentage points as the S&P 500 Index (SPX) remained relatively flat. For the month the portfolio is still down over 3% and lagging SPX. We’re continuing to see most of the stocks falling, but Baidu (BIDU) is fighting the trend, up over 16% on the […]