Over the past month (from the first Friday in July) the StockTwits top 10 portfolio fell over 4% while the S&P 500 Index (SPX) fell about 3%. It was an interesting month with a divergence in performance between the picks. Normally the stocks tend to move together. This month there were three stocks with gains over 7.5% and four stocks with losses over 7.5%. As I’ve mentioned before, this looks like investors are getting more selective and suggests a thinning market. At the bottom of this post are details for all of the July picks. I’ll update the numbers with today’s closing prices sometime over the weekend.
Since it’s the first Friday of the month it’s time for new picks. This is a model portfolio that simply picks the 10 stocks that have had the most support from the StockTwits community over the past month. The theory is stocks with a high support rate from the StockTwits community are a good starting point for portfolio construction. Premium members can see daily changes to all of the strongest stocks on social media lists.
Here are the top 14 stocks.
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