$JPM $WFC & $BAC are hitting the scans this morning giving life to the financials and the big money center banks. Based on today’s results I’m tempted to buy calls in $BAC somewhere in here:
__
Do we start to see funds start to cover their shorts in the financials? or another shoe to drop? I’m siding with another shoe. I’m only here for a trade…
$XPEV is on top of the scans this morning and has been for the past few trading days. EV names continue to give good action into quarter end, and this one has a volume pocket to fill on the upside. Check out the weekly chart below:
__
Here are today’s movers on above average volume. $RIVN showing signs of bottom? $UBER showing sign of a new leader. $AI seems to be back in play, with $IONQ breaking out as well. And, the old favorite $U is lighting up on the Stocklabs scan below:
$LCID has been popping up on scans over the last few days, but has yet to gain any ground. Does that change here? or are we going sub 5.00? The EV names are hot this morning with $NIO absolutely shooting out the cannon to start. $TSLA is back on scan too for a little nice window dressing.
Here are some names to watch this morning, I like the $MARA:
$COIN is finally seeing some love with bitcoin holding 30K. We’ve had many false starts in the past from $COIN, but the name is scan heavy this morning and loaded with shorts. Here’s a look at the daily below:
__
Some other scan heavy names this morning include: $SOXL $UBER $SNAP $IONQ $INTC & $LCID
Good luck trading today!
Comments »
Good morning friends. It’s been a minute since I’ve pinned a blog and this morning is as good as any as Bitcoin trades back over 30K. As I thumb through the momentum delta scan inside Stocklabs, $MARA sticks out like a sore thumb. Not only MARA, but $RIOT, $HUT, and the rest of the bitcoin miners:
__
$MARA continues to be my favorite with a measured move taking this thing to all the way up to $22. I also like the $CLSK if bitcoin can blow right past 32k…
___
These are just a few names to watch this upcoming week if we see continued strength in Bitcoin. For the full momentum delta list at the close on Friday: CLICK HERE FOR CHARTS
Comments »
Good morning iBankcoin. It’s very seldom that I update this side of the blog as most of my work can be found inside The Pelican Room, aka Stocklabs. But, today, a quick post was necessary.
My good friend, and living legend, Raul has won the 2023 March Madness stock tournament with $FDX. The 16th spot in the iBankCoin Hall of Fame is now filled and cemented, congrats RAUL! You now step amongst immortal men, and will receive the championship mug in the mail.
iBC Hall of Fame
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 — Boriscahall
2020 — BigToona
2021 — Green Machine
2022 — Uranus
2023 — RAUL
Comments »
