iBankCoin
Joined Jan 27, 2008
7,284 Blog Posts

Laggards Find Momentum

$DIG, the ultra ETF for Oil & Gas, landed on today’s momentum screen. $SLB & $HAL, within the oil service space, also find their way to the Exodus momentum scan. $SLB I love with long term money, and actually own some in my IRA. Oil seems to be holding $40, and the industry desperately needs some relief. Let’s see if the group can move this week: $BP, $CVX, $APA, $PE, $HES, $PBR– all made today’s screen.

Other names that surprisingly made todays momentum scan are $GE & $F. Ford we know why– The BRONCO (I will own one at some point in my life no doubt about it). And $GE, a laggard, is finally cheap enough for investors to make some bets on it. Just when you think the market can’t go any higher, stocks like GM & F turn on the momentum.

And, what’s a momentum scan without solar? $FSLR has a strong showing, as did the industry. The Pelican room caught a nice trade in $SPWR today and the group closed strong. For a full look at Tuesday’s scan: CLICK HERE FOR CHARTS

Note: $MRNA is up big on Vaccine news and the market loves it. The party continues on…

If you enjoy the content at iBankCoin, please follow us on Twitter

2 comments

  1. wokar

    I am making $125 per hour working online on my laptop among my family. I continue doing work in my room talking to them. Its too easy to complete it no experience or skill required. You just need internet connection and PC/Laptop. For more information visit……… Read More

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. cakiwot

    I’ve made $84,000 so far this year working online and I’m a full time student. I’m using an online business opportunity I heard about and I’ve made such great money. It’s really user friendly and I’m just so happy that I found out about it. Heres what I’ve been doing HERE? click for full detail

    • 0
    • 0
    • 0 Deem this to be "Fake News"