The Fourth Quarter Begins….Here Is Your Weekend Scan - InvestingChannel

The Fourth Quarter Begins….Here Is Your Weekend Scan

In between buying and selling NFTs this weekend, I wanted to a run my weekly scan to build a watchlist for the upcoming week. I use the momentum Delta scan in Stocklabs, at the close on Friday, to find ideas to watch the following week. Members inside the Lab can save screen HERE, for those without access I’ve imported the weekly scan for you HERE.

Oil stocks continue to litter the scan, with king $XOM closing out at the highs. It could be a big week for oil related names should we begin to see a squeeze to $80 in the commodity. Bitcoin also looks ripe for a breakout through 50K, and I see a number of bitcoin proxy plays on scan: MARA, CAN, BITF, HUT, & CAN. $CF also had a monster day which could lead to some heavy momentum in the Ag sector. Indeed, should the market bounce here we may see the $100 tomato sooner than later.

Here are some of my favorite charts to watch this upcoming week:

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As we begin the final quarter of 2021, here are your leaders in the iBankCoin Stock of the Year contest. Oil and bitcoin have been your big winners this year: