It’s time to sort out Monday’s hybrid screen, which can be found inside Exodus, and produce a watchlist for the upcoming week. I’ve imported today’s screen to finviz for your viewing pleasure, you may review the results HERE.
From today’s screen, here are eight names I will be watching this week:
Here’s your weekly look at the top 50 ranked stocks inside iBC’s trading software, Exodus. The following screen searches for stocks that have a high financial & technical score within our system, and maintain positive free cash flow.
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 TO VIEW THE TOP 50 RANKED STOCKS
Charts of interest here include:
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To join the ranks of Exodus, CLICK HERE. Have a good weekend all!
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The action in oil continues to impress me. A move above $55/bl and we could see a pretty significant breakout in prices. Conversely, a move below $51 and prices probably deteriorate into spring. My bet is for higher prices as I’m long $ERX in size. Our runner screen inside Exodus is also flagging many names within the industry, a few of which are worth watching below:
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Oil still remains in a tight range on a weekly basis. A move one way or the other is coming, and soon. Let’s keep a close eye on the action as we head into next week:
With continued relative strength in China stocks, I decided to take a stab at $YY here. If the stock loses $40, I will cut my losses. However, I’m looking for a quick move up to the 200 day moving average, taking this thing straight to $45. Take a look at the daily chart below, she’s just about ready to lunch:
I don’t know how I feel about a $TWTR upgrade right before earnings, but I’ll take it, even if it from a fake firm like BTIG.
The analysts over at BTIG said their upgrade was based on the belief that Twitter’s daily active user user growth is accelerating as twitter has taken center stage following the U.S. presidential election.
The analysts does say that Twitter still has to overcome the user growth issues in 2015 and 2016.
The stock is up over 2% in premarket.
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Looking over today’s top movers, inside Exodus, it’s clear that investors were looking for lower beta (less risk), and high dividend paying names. Take a look at some of today’s top results:
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On the flip side of things, an area investors continue to flock to is China. Here are a few Chinese burritos that made today’s screen:
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We’ll see if the bulls have what it takes to continue this epic march higher, or if we collapse from here. Mixed signals continue throughout, and gold (believe it or not) is holding its own. Less continues to be more until one side takes a stand.
See you guys at the open…
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