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RaginCajun

Letter $X Is Back On The Map

As we head into the final hour of trade, let’s go ahead and take a look at today’s top hybrid movers inside Exodus. I’ve imported today’s list for your viewing pleasure: CLICK HERE FOR CHARTS

My favorites from today’s list include:

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Letter $X also happens to land on top the runner screen inside Exodus. Let’s keep an eye on the steel names this week to see if the Trump trade can indeed resume.

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TOP RATED STOCKS FOUND HERE

Here’s your weekly look at the top 100 rated stocks inside iBC’s trading software, Exodus. The following screen searches for stocks that have a high combined 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 FOR RESULTS. My favorites for the upcoming week include:

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Bitcoin Hits 2,000; Where Does It Go Next?

The cryptocurrency known as Bitcoin has topped $2,000 today, making many many nerds with supercomputers rich. I have a lot of history with bitcoin and use to trade it often. I sold every last one around $1300 and missed the latest leg higher.

The coin really is easy to purchase and can be useful for many people around the world. In my dealings, I’ve found coinbase.com to be one of the safest place to buy bitcoins. Also, BitcoinWisdom.com has some great charts of the cryptocurrency for those interested. But, I don’t advise buying up here.

One fellow on Twitter asked me where does bitcoin go from here? $4,000 or $500? I told him I wish I knew. It either trades to something crazy like $8,000, and dies from there, or maybe it starts to trade in a range, similar to gold.

Maybe you guys can help this young lad on Twitter. What does Bitcoin hit first? $4,000 or $500? Vote in the new poll below:

 

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BULLS SQUEEZE SHORT SELLERS

Impressive day today after the shakeout we had on Wednesday. You can almost feel the panic buying in the air today. We are not out of the woods yet, but it is a good start to see $SPX back over the 50 day moving average. It’s also good to see oil back over $50.

As for today’s runner screen, it can be found HERE. Some oil plays worth watching from today’s screen include: WLL, OAS, SN, SM, BTE, FRAC, & CRZO . I also like $X, $CF, & BITA here.

What are you guys trading here?

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Bulls Avoid Rout (For Now); Financials Lead

For one, the media is working super overdrive on Trump, but we what else is new. He won’t be impeached though, it’s just another whichhunt by the media and Democrats. If he can get through grouping women with a little pussy grab, surely he can get through this, no?

Back to stocks. Here are today’s top hybrid movers within our Exodus trading system. After a quick little bloodbath yesterday, stocks held their own today. Here’s what moved today: CLICK HERE FOR CHARTS

As for today’s top industries, the financials saw the biggest jump today:

 

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Right On Cue

Check out the title of my last post. Twitter & FireEye trending higher? For anyone trading in 2015-16, you know the agony associated with the two names. That headline deserved to trigger a market sell-off, no?

Things are not all that bad though. Indeed, the Chinese lotto is still in full swing with today’s winner being $CYOU. That daily chart is a thing of beauty. Or, how about my stock of the year, $NTDOY? Bulletproof.

Then there’s the Trump tickers, like letter $X. I’m underwater in my recent position from $21, but I can’t help but think this is a buy sub $20. Same goes for $CLF, I’m tempted. It was all good just a day ago, no? This too shall pass.

Summary: It’s not all that scary out there; just peak insanity from Washington DC.

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