Momentum Monday

Here are a few ideas to watch this week, all of which come from today’s Momentum screen inside Exodus: CLICK HERE FOR FULL SCREEN

If Bitcoin remains strong, look to the new reverse split on the block, $MARA. This thing is set to run:

__

Looking for a new issue with some potential MOMO? I like the $LTHM on strength:

__

If oil continues it’s march towards $70, look for best of breed names like $SLB:

__

Copper/Gold strength? Maybe some $FCX here, preferably on a dip:

__

Today’s full screen with charts can be found HERE.

The following tickers are names heavily sorted and ranked within the top 500 of Exodus. This week’s screen has a heavy focus in oil & gas. Should we get a continued move higher in the commodity, be alert for some heavy short squeezes in names like: CLR, CHK, DNR, SM, CRZO, & OAS.

__

Exodus members be sure to bookmark this screen HERE. This is an environment ripe to squeeze short sellers. Have a good weekend all!

Our 12th annual Stock Madness Tournament is going on and we are down to the final four: CLICK HERE FOR THE FINAL FOUR BRACKET. Representing the North, is Citizen Square with his squad $VEEV. His opponent in the south is Boriscahall with $BJ. In the West we have Sorker with $CRSP, and in the East– Operator with $CARA.

It looks to be a $CRSP $BJ championship, but anything can happen in the final day.

____

As far a stocks, it’s Friday, and in 2019 stocks seem to trade higher on Friday. I expect nothing less tomorrow. Here is today’s momentum screen: CLICK HERE FOR CHARTS

It’s the weekend, and it’s time to go over the top rated stocks found inside Exodus. This week I decided to leave the list in pure form, leaving in the small cap and low float names. I’ve imported all 50 tickers to finviz for all access viewing. Please note that the following link is sorted by volume, not the actual ranking: CLICK HERE FOR CHARTS.

Here are your top ranked names below:

__

Exodus Members can view and bookmark The Top 50 Screen HERE.

The market held up relatively well today giving us a solid setup as we close the week. Today’s action blessed us with an inside day on the $SPX, all while holding the 20 day moving average.

A break below today’s low, breaches the 20 day MA (and some heavy support), and likely starts an avalanche of selling into the weekend. On the flip side, a move above today’s high, puts us back in breakout territory. Let’s see if the bulls hold support here.

On strength tomorrow, I will look to pick a few names from our Momentum screen in Exodus. At the close, there were 100+ names to sort through. If you feel like doing some chart surfing, I’ve imported the tickers HERE.

Oil & gas names have the best setups leading into a big breakout in Crude Oil. Should oil bust through $60, here are a few tickers to keep an eye on: SWN, DNR, SLB (I own the SLOB), RRC, NOG, DO, CLR, & SLCA

On China strength: CTRP, CIFS, QD, HUYA, & BZUN (all from screen above).

And, for you lotto lovers. Here are some small caps moving on above average volume:

__

And, for the elite eight matchup going on right now, it will come down to the final minutes for a few. Who will make it to the FINAL FOUR? Click here for our IBC Stock Madness Bracket.

The close was a little less than spectacular, but yesterday’s low in the Market still holds and now becomes an important pivot point to key off of. Our momentum screen is lighting up once again with many great looking charts setting up. Oil is also at an action point and looks poised to breakout over $60. Indeed, tomorrow is shaping up to be an interesting day.

$SVMK takes the #1 spot on our momentum screen at the close. $HEXO is also back at the top and looks primed for more. Here are some top candidates to watch compliments of Exodus:

_____

For today’s full screen, make sure to bookmark it HERE. Let’s keep ay eye on that $FTCH this week: