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Most Bullish Stocks on Twitter

Just as we’re starting to see some of the momentum stocks show up on the bearish list, they’re dropping off both the weekly and monthly most bullish list.  Stocks like Facebook (FB), LinkedIn (LNKD), Priceline (PCLN), and Yelp (YELP) have dropped out of the top 25 most bullish stocks on Twitter in both time frames.  Yahoo (YHOO) is still on the monthly list, but has dropped off the weekly list. At the least we’re seeing market participants taking profits due to the gridlock in Washington.  At the worst, the party is over for the high fliers.  Somewhere in the middle is an outcome where profits are being taken from the high fliers and will rotate into stocks that have been consolidating.  A rotation into high quality stocks that are selling at a discount could still fuel a year end rally if the debt disagreement in Washington is resolved. As I mentioned in the bearish list post, keep an eye on the consolidating stocks to see if they’re holding up better

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