iBankCoin
Joined Jan 27, 2008
6,964 Blog Posts

Enter Your March Madness Pick Now

It’s that time of year again. It’s time for the 11th annual March Madness Stock Tournament. This is probably my favorite contest of the year; I love seeing how the brackets play out each and every single year.

What an honor it is to land on the Hall of Fame list below. Here were the last 10 winners over the last decade here at iBC:

2008 – The Fly

2009 – Wabisabi

2010 – SC

2011 – Chivo

2012 – Zephler

2013 – Rhino

2014 – Adam 

2015 – Andy Swan

2016 – PB

2017  – KY Trader

2018 – …

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The 2018 Games begin today. 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 wins out so make sure to do some due diligence in the comment section, or you may lose your spot).
  • NO ETFs
  • And, stocks must be over $10

The tournament will begin this upcoming Monday, with Friday’s closing price as your starting point.

The tournament will run for six weeks: head to head with a new opponent each week.

The winning percentage for that week will advance to the next round.

Scores will reset each week to make a level playing field.

I’ll be going with $CTL in the southern bracket. The winner will get an official iBC coffee mug. You may now place your picks in the comment section, only 64 slots available.

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Late Night Note: March Madness Entries Begin Tomorrow

I will be setting up our annual March Madness Stock tournament tomorrow, so get your stock picks ready. Here was the final bracket from last year: CLICK HERE

The official entry post is coming tomorrow. Wait for it….

Below is a look at the past 10 winners, over the last decade. We call this the “iBC Hall of Fame”:

2008 – The Fly

2009 – Wabisabi

2010 – SC

2011 – Chivo

2012 – Zephler

2013 – Rhino

2014 – Adam 

2015 – Andy Swan

2016 – PB

2017  -KY Trader

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Entries begin tomorrow. Wait for post…

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Market Remains Green; Here Are Today’s Runners

The bulls are doing a great job today protecting a further sell-off after yesterday’s close started to slip away. I went ahead a ran my old favorite runner screen inside Exodus to spot a few plays, here is what I have for you this afternoon.

The following names are up over 2% on the day, and have a heavy short percentage. On further strength, here are the stocks I like for quick trades:

For those interested in the full screen: (CLICK HERE)

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Just Remember Facebook Sucks

This is why I own $GOOGL for my social media play. YouTube continues to hit on all cylinders, just ask my 6 year old. Check out the beautiful visual shared by Jason Kint below:

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As for the market, the close was a bit shady. I’m expecting the bears to give it their best shot tomorrow. I’m on the sidelines for now until we get some better looking setups.

Here were today’s top hybrid movers inside Exodus: (CLICK HERE FOR CHARTS)

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Big Day For Steel Stocks, Bitcoin Back Above 10K, & Oil Over $60

Did you guys see the move in steel names on Friday? Is the Trump trade alive and well? Just take a look at the letter X, $AKS, or even down the food chain to names like GGB. Have a look below:

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Oil is trading higher tonight in the futures session, and looks ready to rock and roll here with the price of black gold back above $62. Many names were left for dead last week, but look ripe for a nice little squeeze here.

We need to revisit the industry maybe as early as tomorrow. What are some of your favorites oil names? From Friday’s runner screen, here are a few ripe to squeeze: SLCA, FMSA, RDC, NOG, & BBG

And, apparently Bitcoin is back trading above 10K. The entire market cap breached 500M for a brief minute, but has since fallen below that mark. $RIOT ruined the fun on Friday with CNBC taking Aim at the company’s CEO. Let’s see if the group can bounce back, here are a few of my favorite proxy crypto plays: GCAP, NXTD, GROW, DPW, & HVBTF

Let’s see if oil can get moving this week, and if this move in bitcoin is for real. See you guys at the open.

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Is It Safe To Go Back In The Water?

Today was a pretty bullish day given the reversal we saw at the open. It looked like pure panic to start the day, only to be met with buying power all day long, it was a sight to see indeed. I dipped my toe in and bought a few of our favorite names in Exodus, hopefully some of you took advantage of the free trial.

The 200 day moving average touch now looks like a pure gift on the daily chart of the S&P 500. Were you lucky enough to buy?

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Here are some heavily shorted names to watch as we close out the week. The following names all had moves greater than 2%, and have a short position greater than 10%. In other words, they are ripe for a short squeeze.

For those that feel like doing some chart surfing, HERE THEY ARE. My favorites include: FIT, MOMO, WLL, WATT, SM, PSTG, AEO, GRUB, MARA, & NXTD

Good luck trading all!

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