The Twitter Top 10 portfolio is falling hard this month. It is down over 6%. The only stock that is positive on the month is FireEye (FEYE) up almost 3%. The broad based selling of momentum stocks is similar to what we saw in January and March. The portfolio never recovered from those declines and indicates an aversion to risk since the first of the year. One thing that is different in this decline is the S&P 500 Index (SPX) is falling sharply too. This suggests that investors are selling everything (not just momentum and risk). If the market is going to recover it will need participation from the most loved stocks on Twitter.
Below is a performance chart and details of the current holdings.
|Start Date||Symbol||Shares||Start Price||Start Total||End Price||End Total||% Gain / Loss|