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Joined Jan 27, 2008
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$MGT Capital Announces Successful Launch of Bitcoin Mining Operations

I own this $MGT for a multitude of reasons, but today the stock is popping on news that its large scale bitcoin mining operation has reached full phase one production output with a larger than expected Petahash of processing power.

With the processing power in place, MGT is one of the top five Bitcoin mining operations in the U.S.

Now this is only a side business for MGT, and won’t make much of an impact on their core business. I only bring this up, because $MGT has a bitcoin kicker, and should be in play on bitcoin spikes.

$MGT is up 7% on today’s news.

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Stocks To Watch This Week

Good afternoon traders. I’m back in the saddle from a nice long extended labor day weekend, and ready to make some coin this week.

So far the bulls are responding to Friday’s sell-off with aggression, but this bounce, to me at least, seems a little suspect. The leaders on the day include the anti-Hillary plays, Biotech & Energy.

Our Exodus hybrid screen is firing off a few tickers today worth watching for the upcoming week. Tickers in focus include: COP, BAS, PRGO, HALO, PTCT

Today’s full screen can be found HERE.

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Gold & Silver Still Reign In 2016

The Cajun has extended his Labor Day vacation by traveling up North to see a great lake. Being that I am out this week, expect the market to break out of its trading range. Oh, and I see we finally caught our breakout in $NFLX.

Gold & Silver still reign supreme, and continue to be a top mover week over week:

Screen Shot 2016-09-06 at 7.35.52 PM_

As for the daily hybrid screen, here are a few tickers to watch this week: CLICK HERE FOR CHARTS. I like: AA, ATW, UNP, SGY, BG, KITE, & LIFE

See you guys Sunday Night, I have Whiteface Mountain to climb.

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Weekend Rankings: iBC Top 50

Here’s your weekly look at the top 50 stocks inside Exodus. The following 50 tickers are the best of the best in terms of a combined technical and fundamental score. I’ve imported this week’s top 50 tickers to finviz for your viewing pleasure: CLICK HERE TO VIEW THIS WEEK’S TOP 50 STOCKS

Note: The results below are sorted by average daily volume, NOT the actual ranking. To view the actual ranking, the official screen for members can be found & saved HERE.

Notable charts include:

aapl v glw ual hds

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Stocks To Watch Today

The Labor Day holiday weekend is upon us, and we are printing money inside the Pelican Room via $MGT & $THLD. 

Today’s full runner screen, courtesy of Exodus, can be found HERE.

Come join us HERE intraday, as we look to trade a few of these setups.

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Top Pick From Tonight’s Screen

It’s time to take a look at our nighty hybrid screen inside Exodus.

Most notable, from tonight’s screen, is $JD. The stock is flagging out on the 200 day moving average and the slow stochastic is signaling a good entry point. On strength, watch for a breakout out of this consolidation pattern. The 200 day also gives us a good reference point, should the trade go against us. Here’s a look at the daily chart:

Screen Shot 2016-09-01 at 10.06.30 PM

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Note: Thursday’s full hybrid screen can be found HERE. As always, I’ll see you guys at the open inside the Exodus chat.

Disclaimer: I have a long position in $JD. 

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