StockTwits Hot Picks

Here are the ticks making noise on StockTwits

ARTC looks like it is headed to 0, but I would cover some shorts on that volume. Hawaii Trader had the scoop on the short here.

As I mentioned here, CPB and consumer staples will lag the market's inflation bounce.

FAS and FAZ were both DOWN by the close Friday. Very fishy, but I'm day trading these Madoff's till the party is over.

GM has had a nice bounce, but anyone buying this for more than a trade is nuts.

The SP500 is putting in some good work here. The upper Bollinger rests at a critical resistance level, so there will be bullish major interest if we break through.

The market continues to show remarkable strength in the face of scandal and underlying economic weakness. Don't fight the tape, ride the wave of bullish profits till we make the next leg down. A SPY price target near the Lehman collapse days of early September is the most bullish scenario for now. Small position size is warranted as the falling volatility is still unusually high.

Twitter Tickers

Some ideas from the global consciousness of StockTwits.com

ENER is rallying into resistance.

So is ESLR.

The solar plays look like better shorts, but you won't find me fighting the uptrend.

Gold miners are showing some encouraging strength above support, how about a scary pullback?

CPB can rally, but I suspect Staples will under perform relative to other sectors during a bounce.

For the most part, I don't think this is a stock picking environment. There are so many risks out there, I don't see how taking on company specific risk can be advantageous. Though there are some interesting stocks that have tons of cash per share and low debt, I'm more interested in sector themes to be traded via ETF. Gold miners via GDX remain the sector to beat, and if this market can maintain its current short term uptrend, it won't matter what you own, EVERYTHING will rise.