Social Media Breadth Following Market Down
April 14, 2014 at 18:51 PM EDT
Breadth from Twitter (TWTR) is following the market down, but not as rapidly might be expected. The number of stocks in the bullish list is at the lowest point this year, however the number of stocks in the bearish list isn’t rising rapidly. Many traders on Twitter believe the momentum stocks are due for a bounce which is causing fewer bearish tweets.