Stocks are resuming their ascent today after 'blowing off a little steam', says Jason Weisberg, trader at Seaport Securities. And while high fliers like Twitter and Netflix are hitting turbulence on an overall bullish day its not a big concern says Weisberg, who believes Twitter and other social media stocks are setting up for a big year. He also says that stocks are positioned well for earnings season which arrives later this week and if guidance is good and interest rates are kept in check the bulls will stay in control.

Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

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