RE: Watchlist - Investor method
SOCL is a ETF of social media stocks that's been hitting new highs for the last few months after breaking out into Stage 2 early in the year.
Relative performance has been very strong and increasing volume has come in over the last few months. It's quite extended currently and way beyond the ideal entry point, but I thought it was worth highlighting to research some of the individual stocks in the sector further, as they may present opportunities to get in as continuation buys should we have a pullback in the near future.
Here's the ETFs current top ten holdings:
12.19% TENCENT HOLDINGS LTD
11.95% FACEBOOK INC-A
11.65% SINA CORP US
9.92% LINKEDIN CORP - A
6.31% GROUPON INC
6.14% PANDORA MEDIA INC
5.65% YANDEX NV-A
4.89% DENA CO LTD
3.88% GOOGLE INC
3.58% NEXON CO. LTD.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.