Stocktwits’ Trending Tickers To Start Your Monday

Here’s a look at the most active tickers on Stocktwits to help kick off your trading week:

$JD – Q1 Revenues Beat Expectations, Turns Profitable (YAHOO)

$BABA – Up in sympathy from $JD report, watch China names today.

$KATE & $COH – Coach to acquire Kate Spade for 18.50 (WIRE)

$HZNP – down over 30% on first quarter results and revised guidence ( YAHOO)

$STRP – Rockets 26% after receiving a superior buyout bid

$HCC – Receives a few notable upgrades today

$MNK, $TSEM, $FDC, $PTCT, $NWL – All up on earnings beat

The French Elections are here, Sunday to be exact, and traders are on edge. Heading into the election, the S&P 500 looks very healthy and constructive, with the $SPY closing at a fresh new high. The daily chart is actually a thing of beauty, see below:

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Should the market like the poll results, this may be all we need to juice this chart above to the upside. Should the reverse happen, well, watch out below (trapped traders at highs).

After a big week of earnings, and fresh highs on the $SPY, here are the strongest stocks inside our software: CLICK HERE FOR CHARTS

Now that I gave you the goods, feel free to list your favorite ticker in the comment section for review. This should be another fun trading week up ahead, study up, and make sure to get inside our Exodus trading room.

Have a good weekend all.

The Federal Reserve left rates unchanged yesterday, but many expect a rate hike to come in June. The financial industry will continue to benefit in a raising rate environment, and many names within the industry are starting to turn back up.

If we take a look at the $XLF, the ETF that tracks the financial industry, the bulls are fighting for control of the 50 day moving average, as it has bumped its head the last two times. That may change soon, even as early as today, as many names within the industry look ready to move higher:

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Let’s see if the financials can get going today. Here are some individual names within the industry to watch here:

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I’ll be looking to trade a few financials inside our Exodus trading room, I may even keep thing simple and ride the $FAS for a few days. Developing…

Mark Cuban was just on CNBC speaking about how important artificial intelligence will be in the coming years. He states $TWTR has finally got their act together as they have shifted their focus on AI, as evident by the latest conference call.

Share are spiking and trading higher to the tune of 4% on Cuban’s comments. The bulls now firmly hold onto the 200 day moving average.

Here are the comments from Mr. Cuban below:

Twitter shares spike after billionaire investor @MCuban says he is buying $TWTR as artificial intelligence play https://t.co/qpYsMiuMLa pic.twitter.com/nATpJ5vyNI

— CNBC Now (@CNBCnow) May 2, 2017

Here’s your weekly look at the top 50 ranked stocks inside iBC’s trading software, Exodus. The following screen searches for stocks that have a high financial & technical score within our system, and maintain positive free cash flow.

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 TO VIEW THE TOP 50 RANKED STOCKS

Have A Good Weekend All!

The tenth annual March Madness tournament is in the books with KY Trader defeating Mr. Robert Simon, with his 3D printer play, $DDD. The final bracket for the 2017 tournament can be found HERE.

I would like to thank everyone for playing, as it was another fun year. As you know by now, only one can win the grand prize. Mr. KY Trader, you name will forever live on in the iBC Hall of Fame! And, please email me your shipping address for your championship mug: [email protected]

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