iBankCoin
Joined Jan 27, 2008
7,072 Blog Posts

The Top 100 Ranked Names To Start 2019

Here is your first look of the year at the top 100 ranked stocks inside iBankCoin’s trading software, Exodus. I’ve pulled the tickers straight from our “Top 100 Screen” inside Exodus, and placed them into finviz for your viewing pleasure:

CLICK HERE FOR CHARTS. Exodus members can view the rankings HERE.

This week’s list happens to be loaded down with financials & Energy (Oil & Gas). The bulls need oil, as well as the financials, to sustain any sort of bounce in the market. Let’s see if the bulls can make another push as we begin the first full week of the new year. Here are a few of my favorite tickers from this week’s screen:

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And, if you’re wondering if the market will be higher or lower this year, NO ONE KNOWS. It’s a mixed bag for our first poll of the year. Have a good weekend all!

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Taking The BirdBox Challenge

I took a little $NFLX this morning as the stock dips back below $270, after ripping a few faces off to start the day. I have yet to see the movie BirdBox, but I told the wife we must view it tonight. Netflix is absolutely crushing it with their original content, everyone has a damn blindfold on.

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If you were to ask me what companies I feel comfortable placing my money in 2019, one of my picks would be $NFLX. I will reveal my top 5 names for 2019 soon. You got two so far: $SNAP & $NFLX.

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My Stock Of The Year, And The Most Hated Name In The Market

The tweet below ushered in a bunch of opinions from readers on what the most hated stock in the market is. The responses were great, but by the end of the night, based on the number of responses, it was clear that $GE is the most hated name on Wall Street. My pick was $SNAP.

One of my readers mentioned that $SNAP is not hated, it’s just that no one cares about it. Yes, I can agree with that statement, which is exactly why I feel comfortable placing my money here.

The Cajun has love for the $SNAP, but apparently there is deep deep hatred for $GE. And, now maybe $AAPL….

It should be a fun day tomorrow all around with the rare disappointing guidance from Apple. See you guys inside The Pelican Room, aka Exodus.

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Will The Market Trade Higher In 2019? Go Ahead And Vote On It

Nothing like starting of the new year with another useless poll. What are the predictions for 2019? Do we trade higher? or do we trade lower? It’s really a simple question, and I really don’t care for you to tell me it’s going to be a flat year. For our poll marker, the S&P 500 sits at 2,500 as we begin this year. Now go vote below:

Will The Market Be Higher in 2019? (S&P 500 starts the year at 2,500)

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Let’s make it a good year with good trading habits! Happy New Year all!

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Trying To Find Some Meaning In A Meaningless 2018

I took some losses this week. I’ve sold off some long term positions for profits this week. I’ve raised cash this week. It feels like capitulation on my end, and I’m left with blood all over my PNL for the fourth quarter of 2018. It’s been a trying year all around for the Cajun. From adding new businesses to the portfolio, dealing with a huge family loss, to trying to keep up a financial blog, let alone trade.

At one point, I tried to turn in my keys to The Fly, saying I’ve been too busy, it’s not fair to the readers. He refused to accept them and said things will be better in 2019 for me. I appreciate him for that.

My year is pretty much wrapped up after this week. I’m off to New Orleans for a family Christmas party with all 4 of my siblings, and Mom & Dad. I’m still blessed to have them all. My wife not so much. She lost the last person close to her a few months ago, her mother. And, it’s been a rather somber Holiday. We sold her house last week, and basically all of her belongings have been dispersed. It’s a sad thing to see. When you’re gone, everything material is so meaningless.

One of my best trades this year was in $ROKU, basically riding it from 30s to 60s. My last trade in it, I basically rode it all the way back down. Again, giving me a meaningless feeling as we end the year.

I’m ending 2018 on a rare depressing note. But, rest assure to my readers of 13+ years,  The Cajun will be back better than ever in 2019.

As we enter a period of increased volatility, I encourage everyone to step up their discipline game. Be more selective with stocks, set more stops, hard stops. It’s all about Capital preservation, especially when volatility picks up.

I’m off to drink a bunch of Eggnog, and will try to be Merry. We either fall into the abyss on Monday or bottom on the back of this post. I’ll leave you with the top 20 ranked names inside Exodus as we head into Christmas ’18.

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There Is A Lot Of Noise. A Lot A Lot Of Noise

Warren Buffet is buying the financials hand over fist here, specifically the $JPM. Apple computer has built the best cellular computer phone the world has ever seen, and people are paying $1500 for it– without batting a single eyelash. Oil is now back down to the low 50s, and we magically have more money to spend for Christmas due to saving at the pump. I swear Donald Trump is a mother fucking genius.

I like everything I saw today, from a bullish perspective. I even think $AAPL has bottomed for the rest of the year. The market needs $AAPL to trade higher, just like it needs the financials to trade higher. The $XLF, the ETF which tracks the financials, has a nice bullish inverted head and shoulders pattern developing. see graphs below:

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If this bullish tone continues into the week, here are some names moving up in the Exodus ranks. (Members can save screen HERE)

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