Twitter Top 10 Portfolio Turns Down

By | September 19, 2014

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 market as a whole. Keep an eye on these stocks over the next few weeks. If a lot of them continue to show weakness it will signal choppy markets are in our future.

The only stand out in the portfolio is Bank of America (BAC) up 5%. This aligns with what I’m seeing when I look at industry relative strength from the Twitter stream. It appears that some rotation to financial stocks is occurring.

140918ind

Below is a performance chart and details of the current month’s holdings.

140919Twitter10

Start Date Symbol Shares Start Price Start Total End Price End Total % Gain / Loss
9/5/2014 $TWTR 279 50.70 14145.30 50.68 14139.72 -0.04%
$FB 174 77.26 13443.24 76.80 13363.20 -0.60%
$NFLX 24 475.68 11416.32 456.31 10951.44 -4.07%
$GILD 118 105.36 12432.48 106.17 12528.06 0.77%
$JCP 1027 11.08 11379.16 10.21 10485.67 -7.85%
$ACHN 935 12.17 11378.95 11.56 10808.60 -5.01%
$BAC 710 16.02 11374.20 16.91 12006.10 5.56%
$GOOG 19 586.08 11135.52 591.08 11230.52 0.85%
$BIDU 51 226.07 11529.57 224.06 11427.06 -0.89%
$YHOO 287 39.59 11362.33 40.29 11563.23 1.77%
Cash 2.53 2.53
Totals 119599.60 118506.13 -0.91%
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