Joined Jan 27, 2008
7,406 Blog Posts

$NVDA Continues To Dominates Scans

$NVDA took the top spot on our Stocklabs scan Friday, and looks poised to trade higher this week. Do we finally tag $1000, or begin to pullback?

The cannabis names also hit the scan early on Friday and ran all day due to legalization in Germany. $FDX crushed earnings leaving little hope for the bears. And, Powell says interest rates have peaked, but he’s not quite ready to lower yet.

With the bulls out in full force, I see little on the scans I want to buy. For a look at the momentum scan in Stocklabs, I’ve imported the scan to finviz for your viewing pleasure: CLICK HERE FOR CHARTS

Some setups I’m watching this week include:

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