Below are charts with the bearish intensity scores for the weakest stocks on Twitter over the last two weeks (ending 5/20/14).
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 of the bearish intensity scores for the most bearish stocks on Twitter for the week and month ending 8/20/13.
Our core market health indicators didn’t change much this week so we made no changes to our core portfolios. Market Positives Our market risk indicator started showing concern during the selling on Thursday, but recovered substantially after the market bounced. This is the indicator we feel is most important to watch in the current environment. Higher concern about the Fed tapering QE or Japan’s woes will almost certainly show up in market risk before we see it in any of our other indicators. As we mentioned on Monday we felt like the S&P 500 Index (SPX) should catch at 1600 due to multiple forms of support converging. The two strong days that have followed indicate there were buyers waiting for that level which creates a good line in the sand. Our measures of market quality, trend, and strength are all positive. The selling last week didn’t do any substantial damage which indicates strength in the internal structure of the market. In addition, our market stability indicator held up fairly well
Below are charts with the bearish intensity scores for the most bearish stocks on Twitter over the past week and month.
Below are charts of the intensity scores for the most bearish stocks on Twitter over the last week and month.
Just a quick update on our Twitter sentiment indicators for the S&P 500 Index (SPX) and sectors today since we didn’t do an update over the weekend. It appears to us that SPX is trying to decide what to do. Sentiment is showing a negative divergence from price, but it hasn’t met our three week to a month criteria that we use to provide meaningful signals. Over the next week we should have enough information to make a call (either a consolidation warning or confirmation of the uptrend). Support and resistance numbers generated from the Twitter stream stayed the same last week even with the big moves in price. Support remains 1650 and 1600 and resistance is at 1665 and 1700. We did get some tweets in the 1635 area pointing to the lows on Thursday and Friday. We’ll need to see them continue into this week to consider them support if 1650 fails. From a sector perspective the market looks like it wants to go higher. Consumer Staples and