$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:
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Some other scan heavy names this morning include: $SOXL $UBER $SNAP $IONQ $INTC & $LCID
Good luck trading today!
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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, $HUT, and the rest of the bitcoin miners:
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$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…
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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
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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
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Happy President’s Day! And, a big welcome back for The Cajun. It’s been a minute since writing a blog here at iBankCoin. I have many things to say, and many updates to give. However, the objective today is to get our 16th annual “March Madness Stock Tournament” Underway.
Registration is simple, but limited to only 64 contestants. To enter, simply place your stock ticker in the comment section. Make sure your stock is over $5.00– no penny BS, no duplicate picks, and please do not give me a lazy ETF, especially of the leveraged variety. One big thing to note is that your percentage gain will reset every single week, creating a level playing field. In the past, slow and steady gainers have won the race.
Here is a quick breakdown on game play for those new to the site. The tournament will run for six weeks in true march madness bracket form. Contestants will go head to head with a new opponent each week. The highest percentage gainer for the week will advance to the next round, then scores reset.
This has been a legendary tournament in the past, and always a great time to connect with the iBankCoin community. If you like stocks and March Madness brackets then give me your best stock in the comment section. I’ll take $RBLX.
Here is the legendary iBankCoin hall of fame, aka the previous winners over the past 15 years. You should be so lucky to make it to the list. Good luck gentlemen!
2008 – The Fly
2009 – Wabisabi
2010 – SC
2011 – Chivo
2012 – Zephler
2013 – Rhino
2014 – Adam
2015 – Andy Swan
2016 – PB
2017 – KY Trader
2018 – Jersey Whale
2019 — Boriscahall
2020 — BigToona
2021 — Green Machine
2022 — Uranus
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The momentum delta scan inside Stocklabs favored the financials, just after a very pessimistic call from JPM last week? Did things get a little too pessimistic for the financials? Here are some of the moves in your large money center banks on Friday:
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In addition to watching the financials, here are some other names on my radar as we begin the new week, all of which come from the Momentum scan inside Stocklabs, members can bookmark scan HERE.
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$META looks extra spicy here. Good luck this week fellas…
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So much for that flag pattern developing between the 50 & 20 day moving average for the market. More bad inflation data have the bears back to throwing parties into the weekend as they prepare to crash the close at 3:30PM ET. Any ground that I gained at the beginning of the week has been erased, yes back to the doldrums.
Scans are light this morning and back to bearish ETFs having all the volume:
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