StockTwits 50, April 1st

on March 29 | in st50table, StockTwits 50 | by

Quarterly perf
performance March 28 The first quarter of 2013 is already behind our backs and what a quarter it was. 2013 was expected with so much fear. The economy was supposed to fell off a fiscal cliff and with it the stock market. Needless to say, even the biggest optimists, which weren’t many, were pleasantly surprised. As the wise Irishmen like to say “the obvious rarely happens, the unexpected constantly occurs.”

The best performing industry for the first quarter was healthcare, which should not come as too big of a surprise if you have paid attention to what happens on the new highs and the St50 lists:

The biotech ETF ($IBB) just closed at another new all-time high. Naturally, many of its holdings are there too: $CELG, $GILD, $AMGN, $BIIB etc.

Generic drugs have done even better than biotech.

The medical devices ETF ($IHI) is at all-time highs too. From the industry, $CSII has been on the St50 list for 5 consecutive weeks.

Healthcare svs ($CERN) and diagnostic substances stocks ($ABAX) have been on the St50 list for months.

For the week, the St50 Momentum index gained 0.84%. Top performer was $CRAY, which sell supercomputers and joined the list 24 weeks and 90% ago. A small float, a good story and a bull market could do wonders for performance.

America still runs on plastic apparently, as $V and $MA cleared new all-time highs last week. $V has been extremely strong ever since a rumor about purchasing Visa Europe resurfaced in the press. Both, $V and $MA have proven to be exceptional long-term holdings and online sales growth’s plays, but one of them has done a lot better since its IPO.

Enterprise software continues to “kick ass” and have a ton of representatives on the St50 list: $N $CRM $GWRE $TYL $CVLT $IMPV etc.

$MELI cleared another pivot point on Thursday and it looks ready to test the $100 mark this week.

The latest 3D-printing company to become public – $XONE, reported better than expected earnings, which gave a boost to the whole industry. On the St50 list, $PRLB looks the most solid and if it clears $50, next stop might be new all-time highs.

Some of the better looking risk/reward setups for next week include: $MIDD $IT $ASGN $OMCL $POWI $AZPN $MELI $XXIA $CVLT $PRLB $OPEN $HGR $APOG $FEIC

See the daily charts of the St50 stocks on finviz; also weekly charts. Take a look at the About section to gain my perspective on how to use the St50.

You can easily follow any or all of the stocks in the ST50 on StockTwits by clicking here.

Have A Great Weekend!

St50 April 1 New April 1 Removed April 1

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