iBankCoin
Joined Jan 27, 2008
7,373 Blog Posts

March Madness Is Here; Enter You Pick In the Comment Section

The 15th annual “2021 March Madness Stock Tournament” is here. Registration is now open! To enter this tournament, the rules are very simple:

  • Place your stock pick in the comment section
  • No duplicate picks (time stamp in comment section wins out).
  • NO ETFs
  • And, stocks must be over $10
  • The stock tournament will run for six weeks: contestants will go head to head with a new opponent each week, with the winner advancing to the next round. Scores reset each week to keep a level playing field.

I’ll keep things simple this year and go with $TWTR as my pick. Good luck all, you may now enter your pick in the comment section below:

 

iBankCoin Hall of Fame (previous winners) :

2008 – The Fly

2009 – Wabisabi

2010 – SC

2011 – Chivo

2012 – Zephler

2013 – Rhino

2014 – Adam 

2015 – Andy Swan

2016 – PB

2017  – KY Trader

2018 – Jersey Whale

2019 — Boriscahall

2020 — BigToona

2021 — Green Machine

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Oil Lights Up The Scans As We Begin February

Oil stocks have been the clear outperformer in 2022, and start the month of February in similar fashion. The momentum scan inside Stocklabs is one again heating up, with over 200+ names to sort through. For those that feel like doing a little chart surfing tonight, you may access the scan here. My favorites, if oil continues to ramp here, can be found below:

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Back In SOFI For The SuperBowl

What another epic weekend of playoff football the past two weekends. I must admit, I did not watch much NFL football during the regular season, but the Playoffs have been a treat to watch. LSU represented hard for both wining teams, the Bangles (Joe Burrow) & the Rams (OBJ). And, now $SOFI finds itself at center stage with the rams hosting the Superbowl in SoFi stadium.

I wrote about this in the past, and now with the market selloff, now is as good as any time to load up on shares of SOFI (personally speaking). Oh, we also got the bank charter news, which the market brushed off due to overall risk off market environment. Here are some names lighting up on my volume scan to start the week:

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Let’s see if the momentum can shift this week. Good luck all & long $SOFI into the Superbowl…

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Scanning For Momentum

Monday starts off with a little something for everyone: panic at the open rewarding the bears; then monster rally off the lows rewarding the bulls. This is exactly what you wanted to see if we were to find a tradable low, and while I don’t want to jinx it…ahh hell, I wont say anything more. I’ll let FED speak tomorrow, which will likely come with misdirection, then maybe we trend higher into the end of the week. We are due:

Stocklabs Oversold/Overbought Readings

As for today’s momentum scan, cannabis lands on the list, as does China. Here’s a look at Monday’s momentum scan: CLICK HERE FOR CHARTS

My favorite charts to swing this week, from the momentum scan above, include:

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Let’s Make The Roaring 20’s happen!

…not my words, but the words of the richest man in the world, Elon Musk.

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$TSLA is picking up right where it left off in 2021, squeezing bears and landing back on the momentum scan to start the year. There were pocket of strength all over during the first trading day of the year, but there were also landmines. I think the first trading day pretty much sums up how Im feeling about the new year. Find pockets of strength, and watch out for trecherous murder holes.

So where are these pockets of strength? The momentum scan link above points out about 200 of them. Some of my favorites include:

Let’s see what tomorrow brings….

NOTE: Make sure to ENTER YOUR STOCK OF THE YEAR HERE.

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Welcome To 2022; Give Me Your Best Pick For The Year

We’ll start the year just as we have done for the last 15 years, the iBC annual Stock of the Year Contest. What is the one stock that you feel compelled to invest in for 2022, what is your very best pick for the year? Please do not give me an ETF, a penny stock under $10, or a company you want to short. I understand many will have an inclination to short this year, but I’m not looking for that.

I want your best stock idea for 2022….Now enter your pick in the comment section.

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Below is your 2021 co-champions and stock of the year….$MARA. Congrats Twoez & Nabomb. Please DM your shipping address, I have a championship mug for you guys…

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