iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Myles Garrett Drafted Number One Overall In 2017 Draft

With the first overall selection, the Cleveland Browns selected Texas A&M defensive end Myles Garrett. Congrats Mr Garret for holding the Number 1 Spot!

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But, honestly I’m not here to talk about the draft as you can turn on ESPN and catch the updates. Our ninth annual final four championship ends tomorrow, with KYtrader looking to win the whole thing. The final bracket can be found HERE.

Oh, and congrats to LSU Running Back, Leonard Fournette, for going fourth overall to the Jaguars. And, congrats to all of my $GOOGL longs. $1000 is in sight.

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Trade Ideas For Thursday

Oil names continue to find their way onto my screens inside Exodus. Today, the system is flagging: EMES, DO, WFT, ESV, NE, KMI, & RRC. Let’s see if oil can peak it’s way above $50, if so, game on. 

Our system is also picking up a number of retail names. Can stocks like ANF, KORS, & FOSL get a spring bounce? Scores across the group saw some significant moves today, just something to keep an eye on.

I’ve imported tonight’s screen, all 100+ names. There are a few gems to behold: CLICK HERE FOR CHARTS. What are you guys watching here?

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The Only Stock Screener You Need

And, that screener is the hybrid screen found inside Exodus. This screen searches for movements in the underlying stock’s “hybrid score”, not the actually price. Essentially, this screen helps find stocks before they move. Members can locate this screen HERE, as well as save it to their profile page.

The following eleven names all come from tonight’s hybrid screen inside Exodus, all of which have been filtered by my trained eye and laid out perfectly in a blog post. Tonight’s screen is pinpointing many stocks within the oil & gas industry (which is something else to watch for in and of itself).

Here are a few names to watch for the remainder of the week:

Today’s full, imported screen, can be found HERE. See you guys at the bell inside The Pelican Room (that’s the Exodus chat room).

Jog on.

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$NFLX Netflix Strikes Deal With China

Netflix is surging in premarket on news that the company has struck it’s first content licensing deal in China. This move in premarket puts $NFLX near fresh all time highs, have a look at the daily chart:

Here are the details:

To date, Netflix has been blocked by Middle Kingdom regulators from operating its own service in the world’s most populous nation.

The deal comes just over a year after Netflix took its service global with just a handful of territories — including China, Iran and North Korea — missing from its planet-wide strategy.

The announcement was made on the sidelines of the annual APOS conference in Indonesia, by the streaming service’s VP of content acquisition, Robert Roy. Netflix spokesmen told Variety that the deal was too new to provide many details, such as when the content will make its Chinese debut.

However, it is understood that Netflix Original content will be available on a day-and-date or near simultaneous basis, along with availability in other territories.

iQIYI claims over 500 million users monthly for its advertising supported (AVoD) platform. The company is also using original content to pioneer the conversion of many of its users to Netflix-like subscription models (SVoD).

Netflix had previously tried to enter China as a service operator, but acknowledged last year that regulatory hurdles were proving too great in the near term. It indicated on its third-quarter earnings call in late 2016 that licensing would likely be its route into the region.

China maintains a tight control of media, communications and the Internet within its own borders. Most foreign broadcasters are barred from operating in China except in limited circumstances and both Disney and Apple have seen their fledgling online services in China crimped in the past year.

Growing censorship controls have also made it harder to air foreign content on Chinese streaming services. Censors now require entire series to be approved before a show can begin to be carried by a platform, something that restricted Netflix-style binge viewing. It is not clear how iQIYI will overcome this issue and still make content available in synch with Netflix’s simultaneous global release pattern.

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Google’s ‘Flying Car’ makes its debut; Enter Kitty Hawk

$GOOGL, Google, a position of mine is flying higher today, up a cool 2%, ahead of earnings later this week. Today’s move takes the stock to fresh all-time highs, leaving the $1,000 mark right around the corner.

Today, a new video surfaced showing Google’s new project– it’s flying car. It’s looks more like an aircraft than an automobile, but that’s what their calling it. It’s official name is the Kitty Hawk. Here are some details:

Kitty Hawk, a startup backed by the Google (GOOGL, Tech30) cofounder, unveiled its prototype for an “ultralight” aircraft that can take off vertically — as long as you’re flying over open water.

In a demonstration shared online Monday, the Kitty Hawk Flyer is shown lifting off over a lake with the help of small propellers under its base. The prototype looks less like a car than a jet ski with wings.

The Flyer is expected to go on sale by the end of this year, according to the company’s website. The price has yet to be announced.

The startup says it has received approval from the Federal Aviation Administration for the aircraft to be flown in “uncongested areas.” Customers will not need a pilot’s license to use it.

“We’ve all had dreams of flying effortlessly. I’m excited that one day very soon I’ll be able to climb onto my Kitty Hawk Flyer for a quick and easy personal flight,” Page said in a statement provided to The New York Times, which was first to report the news.

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Whole Foods Spikes on Albertsons Exploring A Takeover Bid

Shares of Whole Foods Markets (WFM) were higher by 3.44% to $36.99 on Monday afternoon, following a report from the Financial Times noting that U.S. supermarket operator Albertsons is exploring a takeover of the grocery giant.

The story is developing, and $WFM is holding intraday gains. Here’s a daily chart:

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