Here Are The Stocks To Buy If Bitcoin Moves Higher

Bitcoin has held this week’s gains pretty well, and is now giving us a nice little bull flag setup to watch. Many of the Bitcoin proxy plays are starting to light up on my Exodus screens. Let’s see if Crypto Currency can break to the upside here:

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On top of today’s Momentum screen inside Exodus is $TEUM, see below:

$TEUM managed to close above the 50 day moving average and is trying to break free from a multi-month trading range. Watch for fireworks above today’s high, $2.60. Other names to watch here on bitcoin strength include: $RIOT & $MARA

Speculation Friday is on the horizon, let’s see if we can catch a runner. See you guys in the morning.

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The letter $X is in breakout mode here after making the oversold screen inside Exodus. I took a position in the name here at the open. She’s getting juiced:

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The banks are all over my hybrid screen once again as we start a new week. Last week, a whole lot of nothing followed after a strong Monday. Will it be the same this week? or do we get a breakout in the banks? The $XLF is right smack on the underside of the 200 day moving average. Let’s see if the bulls can regain the all important long term average.

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From today’s top hybrid movers inside Exodus, here were the standouts in the financials: $BAC, $C, $WFC, $GS, & $JPM. It’s funny to even write $BAC & $C in the same bullish blog after watching the whole financial crisis. I should have just loaded my whole account in the names, but such is the life of a trader.

Other names to watch from today’s hybrid screen are as follows: JCP, KSS, EXPR, MARA, HFC, FIVE & LULU

Full a full look at today’s movers: CLICK HERE

 

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Here’s a look at a few names I will be watching this week. If we see continued strength in oil, I like $SLB here right on the 200 day moving average. Same goes to $VLO if we see strength in the refiners, this one sits just on top the 100 day moving average. Good point of references for both.

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Conversely, if we see oil fall back below $70, I will be watching one of the airlines, $LUV:

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If the Material names start to move, look no further than $X. A move above 36.84 likely gets this one in motion:

$SE – This is one of my favorites here, one that I will be stalking over $16.10. This one has potential to be a monster:

$DOC – If the iPO theme starts to work, keep an eye on this one. watch for buyers to step in over $56:

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I’ll update our watchlist after I see tomorrow’s hybrid list. Let’s make it a good trading week. See you guys at the open.

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Shifting through today’s top hybrid movers inside our software Exodus, I’ve come across in new ticker, BJ. This may be my new favorite ticker within the entire market, not because of the underlying company, rather so the ticker symbol.

This recent iPO popped up on today’s screen with a +51.14% change in overall hybrid score. A move above the recent high of $25.76 should set this thing on its natural course to $30. Here’s a 30 minute view below: (I’m a buyer on strength)

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For a look at the other hybrid movers inside Exodus, (CLICK HERE FOR CHARTS)

A bunch of goodies from today’s screen: HUYA, EXEL, UXIN, CRSP, CBLK

See you guys at the open…

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The banks got the much needed bounce to start the week as the $XLF, the ETF that tracks the financials, was close to breaking support levels last week. Now the bears get to defend the 200 & 50 day moving average, see below:

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Inside Exodus, our hybrid screen is littered with financials: $GS, $MS, $BAC, $JPM, & $WFC all lead the charge. For a look at today’s full mover screen in it’s entirety, click HERE.

I’ve listed my favorites below, so keep an eye on these as we begin the week:

See you guys at the open…

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