Tuesday, June 24, 2014

Clues About These New Market Highs: StockTwits

NEW YORK (TheStreet) -- Stocks kicked off a new quarter just as they've left the previous six: with gains.

But due to carnage in many of this year's big names, what companies are leading this latest leg up -- which saw the S&P 500 hit new all-time highs? Investors looking for answers might find the StockTwits Social Heatmap a valuable ally.

Today, the Heatmap shows us that the home furnishing, metal fabrication and packaging & containers sectors have seen the greatest increases in discussion on StockTwits.com over the past seven days:

Screen Shot 2014-04-01 at 1.01.26 PM A quick click on the home furnishing stores stream will point you to Restoration Hardware  (RH). Its stock has been emblematic of the overall market surge, as it traded today within a whisker of new all-time highs: $RH is back near all-time highs. http://stks.co/s0ACQ -- SL 50 (@SL50) Apr. 1 at 11:44 AM Tower International  (TOWR) is another stock making new all-time highs that you would uncover when clicking through to the metal fabrication stream: $TOWR was in my watchlist yesterday! Strong action! Strong breakout http://stks.co/t0ACt -- Joao Afonso (@JCPAfonso) Apr. 1 at 12:18 PM Users clicking through to the packaging & containers stream would quickly discover Crown Holdings  (CCK) packing up for a new trip to all-time highs as well: $CCK is getting really close to a breakout. WEEKLY chart. http://stks.co/t09vX -- David Blair (@crosshairtrader) Mar. 31 at 12:38 PM And much to the surprise of many, clicking through to the aluminum stream will reveal the new market darling Alcoa  (AA), which continues to build on a great year for its shareholders: $AA This is one that I would take the chance through earning just based on the chart. http://stks.co/p0A0a -- Lloyd Cox (@tradewithjoe) Mar. 30 at 02:59 PM //

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