I’m not that big into basketball, but when the playoffs come around I tend to get into it. It was fun watching LeBron do his thing, that kid is simply amazing. If he only had a team with a supporting cast there would be no doubt about a championship ring.
Back to stocks.
Let’s talk about Technology for a second. The sector is smoking hot and leaving positive data points everywhere you look. Technically, the sector looks great. The NASDAQ was the first sector to break above its 200 day moving average and is currently trading above it.
Fly’s pick [[OTVI]] looks set to rip after it’s earning report, the stock looks great and should do well with the release of the new iPhones. And, while we’re talking tech, how about [[GOOG]] here? It looks like it’s in a sweet spot and poise to breakout into a new trading range, I like it a lot here.
And, don’t forget to watch the action in Oil & Gas. I think we may see some momentum in Natural Gas, which should boost the group further. My top pick in the independent oils is [[SGY]]
SGY is one of the biggest players in the Gulf, and it also happens to be Chart Addict’s stock of the year. Pay attention to this one.
If you enjoy the content at iBankCoin, please follow us on Twitter
CTIC heating up.
GOOG breaking out today, RUTH looks interesting here.
RC: When did CA say SGY was his stock of the year?
c’mon ctic btfo…
I feel your pain franky.
Jaydog, in my stock of the year contest.
Alternative energy on fire today, I like ENER, SPWRA, & GU right here.