iBankCoin
Joined Jan 27, 2008
6,959 Blog Posts

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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Here Are The Top Ranked Stocks Following Last Week’s Beatdown

After last week’s bloodbath, here’s a look at the top 100 rated stocks inside iBC’s trading software, Exodus. The following screen this week searches for stocks that have a high financial & technical score within our system (aka The Hybrid Score), and trade over one million shares in average volume.

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.

I’ve imported this week’s screen for your viewing pleasure: CLICK HERE FOR RESULTS. My favorites heading into the upcoming week include:

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See you guys at the open…

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Earnings on Deck This Week

We are still in the meat of earnings season, so make sure you check your stocks for earnings dates, and make sure you give eWhispers a follow:

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Here are your companies reporting after the bell:

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Oversold With A 5 Day Holding Period

One cool feature from Exodus is the ability to screen for stocks in oversold cycles. These oversold cycles are backtested over a 12 month period and suggest an average return of holding the stock for an X number of days– all based on past performance.

Let’s go ahead and take a look at tonight’s screen. The following stocks are oversold on our 12 month algorithm, and in the past have had an average bounce of at least 3%, with a 5 day holding period:

Note: My favorites from this morning’s screen include: $LCRX $KBH, & $COG.

Exodus members can bookmark this screen HERE, and view at anytime or day. I’ll be back later with some early hybrid movers to watch this week.

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My Speculative Play For 2018

I’ve been waiting patiently for a dip to buy in the HIVE Blockchain technology via $HVBTF. It’s a speculative pick for sure, and trades over the counter (OTC), but so did $NTDOY.

With the crypto market in disarray, I took a starter position in the name this morning. I’m also naming this as my speculative pick in 2018, to go along with my stock of the year pick, which can be found HERE.

We should start to see support kick in around this level. I am now long the $HVBTF.

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Oil Stocks Light Up Runner Screen

Good morning gentlemen. It’s a new month, and I’m hungry for gains.

Today’s action can be found in the oil patch with the oil service sector leading the way via $OIH. Our Exodus runner screen is loaded down with tickers within the oil patch, here are some names to watch: CRC, OAS, WLL, RIG, NE, ESV, & my favorite EMES.

Here’s a look at your leading industries this morning:

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On a side note: $GSUM still has the momentum, I’m still looking for another move higher in $HMNY, and I like the action in $SNAP. Let’s see if the bulls can turn this day around.

Developing….

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