Below are charts with the total intensity scores of the most active stocks on Twitter for the week and month ending 5/6/14.
Below are charts with the total intensity scores for the most active stocks on Twitter for the week and month ended 4/15/14.
Below are the intensity scores for the most active stocks on Twitter for the week and month ended 4/8/14.
The buy signal issued for Yelp (YELP) on 12/12/13 was ended today at the close. This signal took the ride all the way up and back over again before sentiment broke the confirming up trend line. It still had a gain of nearly 10%, but disappointing given the fact that the signal was almost closed on 3/10/13 when it would have given nearly a 40% gain. This is another example that shows a trade should be managed rather than following signals blindly. For example, partial profits could have been taken when YELP was extended from its moving averages and up more than 50% from the signal date, which would have increased the profit a bit.
The consolidation warning that was issued for Yelp (YELP) on 3/11/14 from the StockTwits stream has been closed. This is a good example of how nimble you have to be when trading sentiment against the trend. The Twitter stream almost closed the open buy signal for YELP at the same time as the consolidation warning above, but narrowly missed it. The signal remains open.
Below are charts with the bullish intensity scores for the most bullish stocks on Twitter for the week and month ending 3/18/14.
At the close on 3/14/14 the buy signal for Google (GOOG) that was issued on 8/20/13 was finally closed. This was a trade that just kept on giving and ended with a 35% gain. Sentiment has now broken below the trend that created the buy signal which officially closes the trade. We currently have only two buy signals left open which is another sign that the market may be forming a top. When long positions are being closed, consolidation warnings are starting to show up, and very few new long signals are being generated it suggests that traders on Twitter and StockTwits are getting cautious. The two open signals are Yelp (YELP) and Bank of America (BAC). Both of them are showing weakness and will need to rally quickly to save them from closing.
At the close on 3/11/14 a consolidation warning was issued for Yelp (YELP) from quantified StockTwits messages. Please note, this is not a sell signal. Merely warning that the strong support from the StockTwits community for YELP is waning. As the stock moved higher support diverged from price and has now fallen below the uptrend line in quantified messages that had been confirming the higher prices. This warning suggests that YELP needs some time to consolidate recent gains before it can continue its up trend. As a side note, the buy signal issued for YELP on 12/12/13 based on quantified tweets from the Twitter stream is still open…but just barely. I suspect it will end at the close tomorrow unless YELP recovers strongly.
Below are charts with the bullish intensity scores of the most bullish stocks on Twitter for the week and month ending 2/25/14.
Below are charts with the intensity scores for the most active stocks on Twitter for the week and month ending 2/11/14.