Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Momentum Stocks Lagging Market

Published 10/11/2013, 03:25 PM
Updated 07/09/2023, 06:31 AM

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.

Monthly vs. Yearly
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.
The Twitter Top 10
Top-10 Performance
The Downside Hedge Twitter Sentiment indicator is computed daily from traders and investors tweeting about their trades, portfolio adjustments, and market bias in real time. As a result, our sentiment indicator reflects daily buying and selling pressure for a particular stock, ETF, or an index. This makes it a good confirming indicator that can be used similar to other technical analysis tools like RSI, Stochastic, and MACD.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.