Stocks To Watch This Week

It will be another light week for the Cajun, as I help my wife put the finishing touches on yet another small business. The timing of this actually works out great, because there’s not too much I like about the current market setup.

Bitcoin futures begin tomorrow, so expect more fireworks from digital currency and related stocks. My advice, avoid the whole space all together until people stop talking about it.

Now for some stocks to watch this week. Our Exodus hybrid screen produced 200+ tickers on Friday, which is a bullish sign. For those that have time, you may review the list HERE.

Some of My favorite setups to watch from Friday’s screen can be found below. Keep an eye on the following names this week:

Despite the indices basically closing at the lows to start the week, our hybrid screen is loaded down with big movers. In total, the screen produced 163 tickers, you may view the screen in it’s entirety HERE.

The first one I’ll touch on is $CTL. My brother has been calling me for days now telling me this is about as good as it gets as an entry point for one of the premier leaders in Fiber, you also get a nice dividend. This is his space, so I respect his call. The stock has captured the 20 day and looks ripe for a quick bounce to $17.

The next ticker that caught my eye is $DPW, which looks to be one of the leading horses in the bitcoin arena. I mucked up a good trade here, but this one should be an excellent trading vehicle going forward, keep it on your watch list.

$SFIX is another momentum name worth watching, which recently iPO’d, a move above $25 can set this one into the stratosphere. However, the same thing that will make you laugh, will make you cry. Set your stops tight.

The banks continue to perform and litter today’s screen, but look like they may need a breather. $BAC $WFC

The retail plays that have been left for dead are absolutely squeezing short sellers. ie $BBBY, $KSS, ect.

All in all, there are still stocks to buy, however the recent price action in the overall market is a little suspect. Let’s see if the bulls get a turn around Tuesday. Monday’s close was anything but inspiring.

See you guys at the open.

It was a week full of digital currency, fresh new highs for the banking sector, and a week ending surge in the VIX. Oil remains hot, and had the biggest jump in score week over week:

__

As far as individual names, the following names saw the biggest jump in hybrid score week over week. It would be wise to go over the list below this weekend:__

Looking at the weekly chart of the S&P 500, I would say thing are getting a little euphoric. The market continues to defy gravity despite all the noise around. Let’s see if Santa Claus does indeed have more gifts for us. Have a good weekend all!

I’ve been glued to my monitor all day watching the price action of Bitcoin. At this point in time, I do not own a single coin and quite blown away by the whole move as of late. You see, I was buying these coins back when they were $60. I sold the majority of my coins when they got around $500, and the final few around 2K.

Yes, I could have been retired. It hurts to look at the prices now, but it also hurts thinking I owned a bunch of $NFLX at $8. That’s life.

Here was my post from 2015, See HERE

I don’t own any coins, and have no desire to buy one at $10,000. That said, congrats to all the longs, today was a day for the record books.

We had a good day inside the Exodus chat room taking Bitcoin as stocks like $DPW, $TEUM, & $GROW  exploded to the upside. The Fly put up a good post earlier explaining the insanity as well as providing you with a good basket full of bitcoin related stocks, see post HERE.

Other than Bitcoin, which is all you are probably reading tonight, here are a few other names to watch from Monday’s hybrid screen. The $FSLR is especially interesting to me above today’s high. Here are some tickers to watch this week:

It’s Monday once again, and it’s time to go through our hybrid movers inside Exodus. Last week’s list we were on the hunt for China names, specifically $MOMO, $JMEI, & $JD. I took a position in $JMEI, but was hit in the face with a false breakout.

$MOMO is back on the list this week, along with $BZUN, which I believe reports tomorrow. Shippers are are also starting to pop back on the list, suggesting maybe we get another holiday run.

Here are some tickers to watch this week: