Below are charts with the bullish intensity scores for the most bullish stocks on Twitter for the week and month ended 4/15/14.
Below are charts with the bullish intensity scores for the most bullish stocks on Twitter for the week and month ending 3/18/14.
Below are charts with the bullish intensity scores for the most bullish stocks on Twitter for the week and month ended 1/7/14.
I’ve started collecting data from StockTwits and quantifying their messages with the same algorithm as we use for Twitter. There is one major difference between the stocks I track on Twitter and StockTwits. I track 1000 stocks on Twitter, but only 100 stocks on StockTwits (at the moment). As a result, the two lists won’t mirror each other. The Twitter list is more likely to contain stocks that are less known (or have a lower volume of Tweets). While the StockTwits list is mostly comprised of the most active stocks on the stream. Here’s a chart of the bullish intensity scores of the most bullish stocks on StockTwits over the past week. At the first of the year I’ll start showing a monthly list for StockTwits as well. One interesting (amusing) thing to note is that Twitter (TWTR) made the most bullish on Twitter list, but not the most bullish on StockTwits. Below are charts with the bullish intensity scores for the most bullish stocks on Twitter for the week
So far this month the Twitter Top 10 portfolio has given back about half of last month’s gains. Two stocks are contributing to the losses. Uni-Pixel (UNXL) and Molycorp (MCP) down 13.8% and 27.6% respectively. Both of them were in long term downtrends when they entered the list at the first of the month…and you know how I feel about buying stocks in downtrends. First Solar (FSLR) is the largest gainer up almost 18% on the month. Another drag on the portfolio is profit taking in the momentum stocks. LinkedIn (LNKD), Yahoo (YHOO), and Yelp (YELP) are all suffering losses. While the other momentum stocks are mostly lagging the S&P 500 Index (SPX). The portfolio as a whole is down 3.09% from the first Friday of the month, but still up 28% on the year. Below is a performance chart and details for the current holdings. Start Date Symbol Shares Start Price Start Total End Price End Total % Gain / Loss 10/4/2013 $FB 252 51.04 12862.08 52.47 13222.44 2.80%
Once again the Twitter Top 10 Portfolio picked a few stocks that were in long term downtrends and got bit by them. Molycorp (MCP) and Uni-Pixel (UNXL) both have suffered large losses this month down 26.78% and 11.6% respectively. This is one of the things I’ve warned about in the past, but as most of you know the portfolio is here to illustrate that bullish stocks on Twitter serve as a good starting universe for stock selection so we include every pick no matter our personal preferences. As always, do your own due diligence when picking stocks for your portfolios. Even with the two huge losers the portfolio is only down a little over 1% this month and is still up 30.76% on the year. Below is a performance chart and details of the current month’s holdings. Start Date Symbol Shares Start Price Start Total End Price End Total % Gain / Loss 10/4/2013 $FB 252 51.04 12862.08 54.22 13663.44 6.23% $LNKD 50 244.99 12249.50 250.21 12510.50 2.13% $BIDU 81
The Twitter Top 10 Portfolio is under performing so far this month due to the recent crushing of momentum stocks. The portfolio has given up half the gains it made last month when momentum stocks surged higher. It remains to be seen if this is the top for these securities, but some real damage has been done to both their charts and the sentiment for them. Many of the most bullish stocks on Twitter moved to the most bearish stocks list this week. Keep an eye on these stocks as they’ll give some clues about the general market. So far this month the portfolio is down 3.47%. It is still up 27.5% on the year. Below is a performance chart from the first of the year and details of the holding for this month. Start Date Symbol Shares Start Price Start Total End Price End Total % Gain / Loss 10/4/2013 $FB 252 51.04 12862.08 49.72 12529.44 -2.59% $LNKD 50 244.99 12249.50 227.8 11390.00 -7.02% $BIDU 81 159.00 12879.00 154.54
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
The Twitter Top 10 Portfolio is now up 31.95% from the first Friday of the year. It rose just over 6% in the past month. The portfolio continues to significantly outperform the S&P 500 Index (SPX). SPX is up 2% since the last set of stocks were picked and up 15.14% from the first Friday of the year. Twitter Top 10 is currently doubling the performance of the general market for the year. Note: prices are from roughly 11:00 AM Pacific. I’ll update this post with final closing prices over the weekend. UPDATE 10/5/13: prices rose a bit into the close on Friday which put the portfolio up 6.21% for the month and 32.13% on the year. I’ve updated the details below. The out performance this month comes from three stocks, Yahoo (YHOO) which is up 23.93%, Yelp (YELP) up 16.01%, and Salesforce.com (CRM) up 9.41%. The largest decline over the past month came from LinkedIn (LNKD) which is down 3.64%. On the first Friday of every month we issue
Below are charts of the bullish intensity scores for the most bullish stocks on Twitter for the week and month ending 10/1/13.