Investors Bullish on Alphabet and Bitcoin, According to Tradebird

Want to know what real investors think about the markets and individual stocks?

Well, Tradebird, a social application for investors and traders, keeps tabs on whether its users are bearish or bullish on a wide range of financial assets and indices.

Following is a list of closely watched stocks and other assets, along with sentiment readings among Tradebird users.

1. Gold

Gold made some dramatic moves last week. Corporate earnings and the first days of Donald Trump's presidency caused a lot of volatility in the precious metal's price, so it's no surprise that once again, the gold chat group on Tradebird was the most active one. Most of the traders on Tradebird expect the dollar to strengthen, which would depress the price of gold. Tradebird users are 54% bearish on gold right now.

2. Bitcoin

Bitcoin continues to be one of the most interesting instruments to trade, and despite the relative calm the digital currency saw last week, Tradebird users are still optimistic that it may test $1,000 again. The sentiment is 67% bullish. 

3. Alphabet (GOOGL)

Google parent company Alphabet announced financial results last week, and the results were mixed. Adjusted earnings per share missed analysts' expectations, but revenue exceeded estimates. The stock was trading at about $830 at the beginning of last week and closed last Friday around $845. Our users say the stock can go even higher. Sentiment is 98% bullish.

Alphabet is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. See how Cramer rates the stock here. Want to be alerted before Cramer buys or sells GOOGL? Learn more now.

4. Intel (INTC)

Intel reported better-than-expected earnings last week. The stock rallied, and Tradebird sentiment is high -- more than 95%. 

5. eBay  (EBAY)

EBay shares jumped last week after the online marketplace company reported better-than-expected quarterly revenue. Tradebird users are 93% bullish on this stock, and it's in our top performers' list. 

6. Yahoo! (YHOO)

Despite all the problems with Yahoo!, the company reported better-than-expected revenue and earnings last week, causing its stock to rally. It closed on Friday at $44.42, up 15% year to date. Nevertheless, the gains in the stock price could be temporary, and Tradebird users are 97% bearish on this stock. 

 
This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned

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