This past week saw traders buying the dip (well if you can call it a dip). If you look at the count of bullish stocks on the Twitter stream you can see that traders were buying more stocks as the market reacted to resistance near the 2300 level on the S&P 500 Index (SPX). This […]
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 […]
Below are some charts I posted on Twitter and StockTwits during the past week.
Below are some charts I posted to Twitter and StockTwits over the past week. They are in no particular order.
Below are some charts posted to Twitter and StockTwits this week…in no particular order.
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 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 […]
Yesterday the market had a soft day, but recent momentum leaders like Tesla (TSLA) and Facebook (FB) had extremely bad days. This showed up on yesterday’s most bearish list of stocks on Twitter. When this happens it shows an aversion to risk that can result in one of two things. First it can simply be profit taking […]
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 […]
The Twitter Top 10 portfolio has risen 2.2% this month in spite of El Pollo Loco (LOCO) that has lost over 22% from the first Friday of August. Twitter (TWTR) up 12% and Gilead Sciences (GILD) up 17% are the two standouts. Below is a performance chart and details of the current holdings. Start Date […]