NEW YORK (TheStreet) -- In this post we're looking at 3 of the biggest momentum names in the market. Each of them has fallen more than 25% since the start of March, and they have all been top-trending tickers on StockTwits throughout this entire week.
1.) FireEye (FEYE) is a virtual security company for enterprise businesses and governments. Before March, its stock was one of the biggest momentum names in the market -- up roughly 130% since its September 2013 IPO. However, the S&P 500
On StockTwits, bearish sentiment about FireEye jumped 27% today. Over the last seven days, there have been well over 500 messages posted on StockTwits about FireEye.
Would you buy this dip or do you think it's going lower? Let's ask the cashtaggers.
$FEYE Momentum stocks crushed since March. Exhibit 1: $FEYE . ... http://stks.co/r0Aut -- stefan cheplick (@scheplick) Apr. 3 at 02:03 PM2.) Yelp (YELP) has been trounced this week. It's already down more than 10% and is approaching its lowest levels of the year. That drop is partly owed to the FTC. They recently said that they've received over 2,000 complaints about Yelp since 2008. On StockTwits, bearish messages about Yelp from traders and investors spiked 25%. Technical charts like this are being shared by the hour:
$YELP This was the break, now under 150ma and heading to 200ma http://stks.co/q0AhD -- InvestingJungle (@InvestingJungle) Apr. 3 at 01:24 PM3.) Splunk (SPLK) is one of the most popular stocks used to trade or invest in the big data meme. That's one reason why this stock is vastly important to watch, especially if you're in the technology space. Last year, Splunk was one of the stock market's biggest winners. But this year, it appears that things are already shaping up differently. Look at this drastic change in sentiment on StockTwits, for example:
The severely eroding bullish sentiment in $SPLK in March may have been on to something. http://stks.co/s0AiH -- Sean McLaughlin (@chicagosean) Apr. 3 at 10:48 AMAt the time of publication, the author held no positions in any of the stocks mentioned. This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.
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