iBankCoin
Joined Jan 27, 2008
7,092 Blog Posts

March Madness Begins Today….Here Are The 2019 Brackets

Thank you to all who participated in our 12th annual Stock Madness draft this weekend. The brackets have been made public to Google sheets and are available for viewing in the link below. The spreadsheet should update in real time, so be sure to bookmark this link: 2019 Stock Madness Bracket

My pick in $SLB looks to get a good start as oil is back over $56 and running. Good luck all!

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ENTER YOUR PICK FOR OUR 12TH ANNUAL MARCH MADNESS TOURNAMENT

It’s that time of year again. It’s time for the 12th annual March Madness Stock Tournament. This is probably my favorite contest of the year. I love seeing how the brackets play out each and every single year.

What an honor it is to land on the Hall of Fame list below. Here were the last 11 winners over the last decade here at iBC:

2008 – The Fly

2009 – Wabisabi

2010 – SC

2011 – Chivo

2012 – Zephler

2013 – Rhino

2014 – Adam 

2015 – Andy Swan

2016 – PB

2017  – KY Trader

2018 – Jersey Whale

2019 — ….

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The 2019 Games begin today. Registration is now open! To enter this tournament, the rules are very simple:

  • Place your stock pick in the comment section
  • No duplicate picks (time stamp wins out so make sure to do some due diligence in the comment section, or you may lose your spot).
  • NO ETFs
  • And, stocks must be over $10

The tournament will begin this upcoming Monday, with Friday’s closing price as your starting point.

The tournament will run for six weeks: head to head with a new opponent each week.

The winning percentage for that week will advance to the next round.

Scores will reset each week to make a level playing field.

I’ll be going with $SLB. Good luck all!

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March Madness Begins Tomorrow

It’s March 1st, so that can only mean one thing, it’s time for our 12th annual March Madness Stock Tournament. At 1PM ET tomorrow, Saturday, March 2nd, the draft selection will begin for our tournament– get your stock ticker ready! The tournament only holds 64 contestants, so seating is limited, set your alarms.

Comments are closed for this post. To enter, wait for my next post at 1:00 PM ET, and comment with your ticker.

The rules: No ETFs and stocks must be over $10

The tournament will begin this upcoming Monday, with Friday’s closing price as your starting point.

The tournament will run for six weeks: head to head with a new opponent each week.

The winning percentage for that week will advance to the next round.

Scores will reset each week to make a level playing field.

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Three Names I’m Currently Watching…

First on the list is $GS, which I’ve highlighted in my prior post. We’ve already secured the dividend, now let’s get the incoming breakout above $200. If we see $XLF, the ETF which tracks the financials, break above the 200 day moving average with volume, I will likely add calls to my existing equity position in $GS.

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Next on my list is $VKTX. Biotech has been a very strong sector the last few trading sessions, and VKTX is popping back up on my screens. Here are a few names from the screen labled “Biotech Lotto” inside Exodus:

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And, if the cannabis trade continues to gain momentum, look no further than $ACB. If the stock can get back above today’s high of  $7.84, this one will take off like a rocketship:

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$GS Trade Setup

$GS is flirting with $200/share as I type. The good news is the profile is very thin above $200, thin to $220, giving us a quick 20 point move on strength. $GS also goes Ex-Dividend tomorrow, meaning if you own shares you will get paid a dividend for your loyalty, more good news.

Let’s see if she can get up and go past $200. Developing….

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Earnings on Deck

Here’s a look at the major companies reporting this week, courtesy of Earnings Whispers. Be sure to check your earnings dates this week! $ROKU will surely be interesting on Thursday….

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