Tuesday Wrap: Rotating Clues

Stocks kicked off a new quarter just as they’ve left the previous six: with gains.

But due to carnage in many of this years leading names, what companies are leading this latest leg up which saw the S&P 500 print new all-time highs? Investors looking for answers might find the StockTwits Social Heatmap a valuable ally.

Today, the Heatmap shows us that Home Furnishing Stores, Metal Fabrication, and Packaging & Containers sectors have seen the greatest increases in discussion on StockTwits.com over the past seven days:

Screen Shot 2014-04-01 at 1.01.26 PM

A quick click on the Home Furnishing Stores stream will surface Restoration Hardware $RH. It’s stock has been emblematic of the overall market surge as it traded today within a whisker of new all-time highs:

$RH is back near all-time highs. http://stks.co/s0ACQ

— SL 50 (@SL50) Apr. 1 at 11:44 AM

 

Tower International $TOWR is another stock making new all-time highs that you would uncover when clicking through to the Metal Fabrication stream:

$TOWR was in my watchlist yesterday! Strong action! Strong breakout http://stks.co/t0ACt

— Joao Afonso (@JCPAfonso) Apr. 1 at 12:18 PM

 

Users clicking through to the Packaging & Containers stream would quickly discover Crown Holdings $CCK packing up for a new trip to all-time highs as well:

$CCK is getting really close to a breakout. WEEKLY chart. http://stks.co/t09vX

— David Blair (@crosshairtrader) Mar. 31 at 12:38 PM

 

And much to the surprise of many, clicking through to the Aluminum stream will reveal the new market darling Alcoa $AA, which continues to build on a great year for its shareholders:

$AA This is one that I would take the chance through earning just based on the chart. http://stks.co/p0A0a

— Lloyd Cox (@tradewithjoe) Mar. 30 at 02:59 PM

 

The stock market is an endless opportunity machine. Some days/weeks/months are harder than others, but watching where the money — and increasingly where the social conversation — is flowing offers the nimble and opportunistic market participant an edge. Let StockTwits’ unique social and sentiment tools be another weapon in your arsenal.

~ Sean McLaughlin (@chicagosean)


Tickers: , , ,

blog comments powered by Disqus
StockTwits Blog
  • StockTwits® is an open, community-powered idea and information service for investments. Users can eavesdrop on traders and investors, or contribute to the conversation and build their reputation as savvy market wizards. The service takes financial related data and structures it by stock, user, reputation, etc. More »

  • Search by Date

  • Join StockTwits