Social Relative Strength - My Favorite Indicator Spotting Future Ten Baggers in The Stock Market - Only On Stocktwits

Good morning…

Nearly 10 years ago I coined the term ‘Social Relative Strength’. I am a fan of the original Investors Business Daily/Marketsurge.com which created the amazing ‘Price Relative Strength’ indicator. What I started to do once Stocktwits had enough data under our belts was to overlay price and social relative strength. What I found was that stocks with high price relative strength combined with low relative price strength tended to outperform my basic price momentum lists. I have found these trends to be less volatile as well.

For the last 10 plus years I have been manually building lists that track stocks at 52 week and all-time highs and tracking their social followings on Stocktwits. I used to share them here weekly under the title ‘Trends With NO Friends’. My strategy has been to buy stocks as they break out with relatively FEW ‘watchers’(followers).

Last week we started to share more Stocktwits $ Cashtag ‘watcher’ and ticker follower data on our charts. the term ‘social relative strength’ will be something you now here more and more from me and I hope across the investing landscape as our data proliferates. Our soon to be released improved ‘search’ and our MCP will open more and more of this data to retail and instituional traders. Both have beta’s if you want to try them.

On the $ANET ( ▲ 7.43% ) (Arista Networks) ticker (I bought a few shares this morning) ticker page you can see we track ‘watchers’ which is people that have added the ticker to their watchlist - 19,965 as of today.

One other from my screen today that I am researching further is $AMBQ ( ▲ 6.6% ) …

Coming soon as a ‘premium’ stream on Stocktwits you will be able to track them as I do.

As always, if you follow me on Stocktwits, I share all my ideas and actual trades and investments in real time.

In the meantime, we are sharing a list of these we call ‘Undiscovered Breakouts’ in the FREE Saturday email. You can sign up for the daily email here.

Have a great day.