Trucharts.com - TWTR stock
As we indicated yesterday, we went long TWTR today - we think this is headed to 42.
Markets pulled back today - should be expected after such a huge run - we think the retail news from GPS (Gaps) and BBBY (Bed Bath and beyond) was not good - but we will keep an eye out for retail stocks.
We are short GM, F, IBB, DAL.
We are long TWTR, CYBR, K, USO, LINE, WSM.
Gold stocks were moving higher today.
There is a very interesting divergence going on between gold and oil and the commodity complex - we suspect this maybe due to the currency weakening in the Eastern Block and other countries vs the USD. The junior gold miners are seeing some heavy buying activity - is gold going to go up this year?
Check out our market reports page at: www.trucharts.com/marketreports.aspx - this helped us pick TWTR.
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