Below are charts with the bullish intensity scores of the most bullish stocks on Twitter for the week ending 9/17/13.
The Twitter Top 10 portfolio is flat so far this month, being barely down .04%. It is under performing due to Amarin (AMRN) which is down 8% from last Friday and Walter Energy (WLT) which is down 5.11%. This is yet another flaw of mechanical investing, in that it picked stocks in a down trend. If you read all the posts in the Twitter Top 10 Portfolio category you’ll see more reasons why I don’t like straight mechanical investing. Here are a few posts that I gleaned from the category where I mention things I don’t like. Stocks that are peaking or have very recent bad news. Broken charts and low priced stocks. This portfolio is an illustration of what happens if you simply buy the most bullish stocks on Twitter. It is an attempt to prove that the most bullish list gives a better overall universe of stocks to begin your own analysis. I don’t recommend simply buying the list. Below is a performance chart of the portfolio. Here
Below are charts with the bullish intensity scores for the most bullish stocks on Twitter for the week and month ending 9/10/13.
The Twitter Top 10 Portfolio finished the last month (from 8/2/13 to 9/6/13) up .89% while the S&P 500 Index fell .28%. From the first Friday of the year the portfolio is up 25%. Note: prices are from about 9:15 Pacific so I’ll update them and the details of last months holdings after the market closes. UPDATE 9/7/13: The market sold off into the close and did a little damage to the portfolio. It ended the month with a gain of .38% and for the year it is up 24.4%. On the first Friday of every month we pick new stocks for the portfolio. Here’s the list that will be in the portfolio at the close today. LinkedIn (LNKD), 3D Systems (DDD), Yelp (YELP), Groupon (GRPN), Best Buy (BBY), Amarin (AMRN), Walter Energy (WLT), Michael Kors Holdings (KORS), Yahoo (YHOO), and Salesforce (CRM). Here’s the next five symbols for those of you who like to skip some of the top 10 based on their own additional criteria. CHK, SINA, QCOM,
There are quite a few stocks in down trends that made the most bullish list this week which suggests that some bottom fishing is going on under the covers of the market. A few examples are Amarin (AMRN), Walter Energy (WLT), and Alpha Natural Resources (ANR). Below are charts with the bullish intensity scores for the most bullish stocks on Twitter for the week and month ending 8/27/13.
Pops in the price of Groupon (GRPN) and Priceline (PCLN) push them to the top of the most bullish stocks on Twitter this week. Below are charts of of the bullish intensity scores for the most bullish stocks on Twitter for the week and month ending 8/13/13.
I’m starting to see fewer stocks in confirmed up trends among the 50 most active stocks on Twitter. Several stocks over the last week have continued to show sentiment with a negative divergence from price. In addition, consolidation warnings are starting to pick up. Currently on 48% of stocks are in an uptrend confirmed by sentiment. This isn’t too concerning yet, but something we’re watching. Below are charts of the intensity scores for the most active stocks on Twitter for the week and month ending 8/13/13. Below that is a chart of the status of the 50 most active stocks on Twitter.