Last week breadth from both Twitter and StockTwits bounced around a bit, but continues to remain at fairly high levels. However, the underlying numbers are starting to show some cracks. Breadth from Twitter rose, but the increase comes from a falling number of stocks in the strongest/bullish list and a decrease in the number of weak/bearish stocks too. Â This suggests that traders on Twitter are getting more selective on both the long and the short side.
Breadth from StockTwits fell a bit as a result of the number of stocks in the bullish list falling and the number of stocks in the bearish list rising.
