Momentum Monday: Gold Edition

If you came into the week long Gold, you are winning. Gold is in the process of a multi-year breakout and the gold miners continue to litter our momentum screen. Just take a look at the move in $GDX here, as well as the rest of Monday’s movers: CLICK HERE FOR CHARTS

Just take a second to take in this $GLD chart, look at this beautiful chart, LOOK AT IT:

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Besides precious metals there are a few names worth watching from today’s screen. $EA made today’s list as did $AVTI, I guess you could say video games are the new gold, kid’s gold for sure. I also like this recent iPO, $GO— it is a must watch here.

And, for Exodus users, The Fly has a new UPWARD MOMENTUM screen to bookmark. Check it out HERE.

See you guys at the open…

$AMD – I’m looking to buy every and all dips down here:

$HUYA – Game-time over 23.72, set your alerts:

$JMIA – Watch for the squeeze above $25, low float play:

$LYFT – Upgraded over the weekend, watch for a runner all day Monday:

$PINS – Buy a move above Friday’s high, above $28:

SFIX – Buy strength. If opens red on Monday, buy a red to green move:

ZM – Watch for a parabolic move above the highs $106, ala $BYND:

Here’s your weekly look at the top 100 rated stocks inside iBC’s trading software, Exodus. The following screen this week searches for stocks that have a high financial & technical score within our system (aka The Hybrid Score), and trade over 500,000 shares in average volume.

The results below are sorted by average daily volume, NOT the actual ranking. To view the actual ranking, the official screen for members can be found & saved HERE.

I’ve imported this week’s screen for your viewing pleasure: CLICK HERE FOR RESULTS. My favorites heading into the upcoming week include:

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The market was finally able to put together two days of gains and give us a nice relief bounce. The question is will it stick? The $SPX closed right at the 20 day moving average, which is normally a good spot for shorts to reload as it kisses the underside of the average– we are also at our pretty solid resistance line (see below):

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The bulls definitely have their work cut out for them, but are currently doing a good job in the after hours session fending off bears. Our MOMO screen is also lighting up again in Exodus, producing over 100+ names on this oversold rally. Here are some names to review: CLICK HERE FOR RESULTS

If things remain weak tomorrow, with oil knifing lower once again, it’s probably time to load up on the $TVIX or some $SRS. However, on strength, I will be eying a few of these charts below:

I added some $TSLA this morning, on my 37th birthday, with a price @ $185.00. I don’t plan to sell these shares, and am happy riding to zero. It is a gift to myself.

Long $TSLA, rocket ships, solar panels, leaf blows, & flame throwers. What’s better than that?

Super ugly chart, wish me luck:

I’m long the $TWTR again as it is spring-boarding off a major support level. We caught a nice lot early on @ 37.80, and are looking for a move back to 52-week highs here. No dips intraday, she gone….

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