Here’s your Memorial Day weekend look at the top 100 ranked stocks inside our trading software, Exodus. The following screen searches for stocks that have a high combined technical & financial score, aka The Hybrid Score. I did not add in any big volume filters this week so this is a pure list of the top 100 stocks in the market over the past week.
The following results are sorted by market cap, NOT the actual ranking. To view the actual ranking, the official screen for members can be found & saved HERE. Non-members have no fear, the top 100 names can be found HERE FOR CHARTS
$MARK takes the number one spot this week, which shows just the kind of market we are in– RUNAWAY PENNY STOCKS. In terms of market cap, here are your leaders: $FB, $HD, $ADBE, $ABT, $LOW, $CMG, $TTD, & $LULU
In terms of the next penny stock to explode? I took my first trade from the StockLabs platform (COMING SOON) on Friday which was $DFFN, which also happens to be on the top 100 list. These small stocks are risky and should be traded like you are holding dynamite, but can be very rewarding. If you choose to play these small names, make sure you position size accordingly. Meaning, take your account value and multiply it by 0.01 (1%). This should be you max stop out point should you reach this threshold. If you hit this threshold, you have to move on to the next play. Smaller size gives you more room to work, bigger size equal higher chance to be stopped out, but bigger reward if you are right. People are always looking for the holly grail in trading, over my 20+ years, position sizing has been the true key. Keep that in check.
Now that we got that out of the way, let’s talk about $DFFN. The company just completed an offering which is now closed, so we are safe from that surprise. The company is now expecting FDA feedback on their clinical trails later this month for a drug that may help Covid-19 patients. DFFN believes that their oxygen-enhancing mechanism in their drug can help COIVD patients by mitigating the multiple organ failure that results from hypoxemia associated with acute respiratory distressed syndrome, a leading cause of death in COVID-19 patients.
All that said, I took the trade because of the volume pattern Stocklabs alerted on Friday. We’ll see how this top 100 name works out next week. Developing…..
Here are the top ranked names this weekend: