Cathie Wood Is Home For The Holidays

First, it was Bitcoin making fresh all-time highs. Then, it was $TSLA squeezing shorts to a one trillion valuation. Now, it’s Cathie’s turn to reign supreme for the holidays– once again.

Tesla lit the EV setctor, and now just about everything in the $ARKK innovation fund looks ready to moon into turkey day. From EV’s to 3D printers to little small biotech bombs. Indeed, Christmas is coming…

Monday’s momentum scan continues to grow, and we have a number of good looking charts to watch this week. For those that feel like doing a little chart surfing, the entire momentum import can be found HERE.

Charts in focus this week include:

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It should be a good week with many bullish setups taking form! Be sure to follow along as I trade a few of these tickers inside the mighty platform we call Stocklabs.

What a bazaar world we live in today, where Apes have truly taken over the streets– specifically Wall Street. Today was a good day for those involved with the crypto proxies, specifically $COIN & $SOFI, both of which have been supported on my blog for weeks. Today, was the day that I trimmed those positions in my swing account, taking gains, while leaving positions in longer term retirement accounts in-tact. The sales put my month to date gains at 9%, a comedy compared to my crypto gains.

Last Monday, just as we have been doing every Monday, I give tickers to watch for the week based on a particular scan in Stocklabs. Here were the picks last week: $SOFI, $SPWR, & $PROG, all of which were money makers.

Let’s see if we can repeat the same success this week with our Monday momentum scan. Members to our screening software, can save this scan HERE. Non-members have no fear, I’ve imported the screen to finviz for your viewing pleasure: CLICK HERE FOR CHARTS.

I’ll be watching for trades this week in the following:

Be sure to join us inside the Pelican Room, which is pretty much our discord stock screening server. Let’s make it a good week!

$SOFI tops the momentum scan as we begin the week, fetching an upgrade from Morgan Stanley with a $25 target. $SPWR also makes tonight’s scan, another position I’ve been digging my heels into (Solar is hot). And, $PROG was on scan all day for the small caps, which turned into an overnight hold for me.

Today’s full momentum scan can be found HERE, and Stocklabs members can bookmark the realtime screen HERE.

It was a solid start to the week so far with my largest position $SOFI breaking out. Futures are a bit soft here, but let’s see what tomorrow brings…

In between buying and selling NFTs this weekend, I wanted to a run my weekly scan to build a watchlist for the upcoming week. I use the momentum Delta scan in Stocklabs, at the close on Friday, to find ideas to watch the following week. Members inside the Lab can save screen HERE, for those without access I’ve imported the weekly scan for you HERE.

Oil stocks continue to litter the scan, with king $XOM closing out at the highs. It could be a big week for oil related names should we begin to see a squeeze to $80 in the commodity. Bitcoin also looks ripe for a breakout through 50K, and I see a number of bitcoin proxy plays on scan: MARA, CAN, BITF, HUT, & CAN. $CF also had a monster day which could lead to some heavy momentum in the Ag sector. Indeed, should the market bounce here we may see the $100 tomato sooner than later.

Here are some of my favorite charts to watch this upcoming week:

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As we begin the final quarter of 2021, here are your leaders in the iBankCoin Stock of the Year contest. Oil and bitcoin have been your big winners this year:

The Nasdaq closed red today, but I was green in my trading. The market closes on the lows, yet our Momentum Delta scan is loaded down with tickers.

Which way does the tide turn this week? Beneath the surface there was some life, specifically Energy, Alternative Energy, & Financials. The Frackers are squeezing and Biden is just getting started, or is he? Indeed, 2021, the year where Meme stocks reign supreme, and nothing is what it seems…..

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Here is my watchlist heading into the week, all which come from the momentum scan in Stocklabs: BABA, SHIP, CLOV, DIDI, SEEL, SDC, WKHS, BTU, HUT, RMO, NOV, SOLO, PATH, CGC, SRNE, JMIA, VLDR, & SPWR (CHARTS)

If all else fails, I’ll look to build my VXX position– just in time for Halloween. Tricky Tricky Market.

Bitcoin is once again off the lows after the 63rd China ban, and the US NASCRACK futures also point to a higher open. Friday’s scan left a bunch of goodies for review, specifically $MRIN $SNAP $FLGC $DMYI $BCTX $POAI $SFIX $MP $COST.

For those interested in the full momentum delta scan from Stocklabs, I’ve imported Friday’s results HERE. See you guys at the open…