I Am A Proud Owner Of $TSLA Shares

I’ve been waiting a while to jump back in $TSLA, after missing the last little leg to $400. I decided today would be as good as any to try a new long position in the name. Check out the 30 minute chart below:

__

The bulls nailed the close getting us right back to $330. Going forward I want to see that last low of the day hold, the triple bottom area on the intraday chart, roughly at $324. Should that level fail, I will likely exit and stalk another entry at a later date.

I am long from $327.68.

Comments »

At least that’s what the Russell 2000 is telling us as investors gravitate to a risker asset class. Take a look at this clean break and close to fresh new highs in the small caps:

___

The runner screen inside Exodus is still firing on all cylinders, here are a few names to watch here for further upside:

__

We had so many things working for us today inside the Exodus chatroom: from $BIDU to $FSLR to $APA to the $XGTI gift at the open. But, then again the market is making this almost too easy, which is a little worrisome in itself.

I’ll leave you guys tonight with another gem that my algo spit at me today, $ZUMZ. I’m long, and looking for a little lemonade action. Make sure you come join the chat HERE.

Comments »

This bodes well for our position in $BIDU, given the location of the stock. Let’s see if this Microsoft partnership can trigger that big weekly breakout. Here are the details hitting the wires:

Comments »

As of right now, $SORL ranks #1 inside Exodus. See Current Top 10 below:

_____

Now let’s take a look at the technical setup below with the stock trying to break free today:

My max stop here would be if the stock lost Friday’s low, 7.77. Things get fun if we can break the high of today, 8.54. She has a chance to run back to former highs, near $10. Let’s see if she goes.

Developing….

Comments »

$BIDU – Huge weekly breakout in progress. I won’t share the chart, because I highlighted it last night on the TOP 50. We bought a position this morning inside trading room, here is the alert inside Exodus:

___

$AUPH – A small biotech breaking out a symmetrical triangle. Has potential to run, but no interest for myself:

__

$NFLX is trending obviously as the company reports after the bell. Here is a run down of earnings to watch this week, courtesy of EarningsWhipers:

___

$CBAY – Another small biotech name that reported positive results. Nice break to 52 week highs, but no interest for me. Hard to find a good entry here:

___

$APRN – Just another iPO going to zero, LOL. That said, there is likely a trade somewhere in here soon:

___

$AAPL – Another name from iBC’s Top 50 taking off today. The stock was also upgraded by $MS with a price target of $182:

___

$SORL – An Exodus favorite as it has held the #1 spot several times over the last few week. Watch for a breakout here, high on my radar:

___

$YRD – Another Chinese names that has momentum, sadly I do not own it:

__

$VMW – This one made the runner screen inside Exodus, I like it for the $100 roll. Watch for it to run above today’s high:

___

$JKS – And, solar still has the momentum. No entry here, but a beautiful chart:

Comments »

Here’s your weekly look at the top 50 ranked stocks inside iBC’s trading software, Exodus. This week I decided to screen for the top 50 ranked stocks, all with a market cap of 50 Billion or above.

As The Fly noted, Mega Cap stocks are still leading. So let’s take a look at the top ranked large cap stocks within our system.

For possible trades this week, I like the following names:

For those interested in the full list of large cap names, I’ve imported this week’s screen for your viewing pleasure: CLICK HERE.

Let’s see if we can get that big weekly break in $BIDU this week. My eyes are on this beauty:

 

Comments »