Want to hack into the market? Here’s how to get past the firewall. (April 15, 2015)

by DAN
Everybody’s talking about Netflix ( NASDAQ:NFLX ) after hours which is up really big, but I want to talk about stuff that still has a move to make. I just want to look at HACK ( NYSEARCA:HACK ) today. This is the Cyber Security ETF, it’s got stuff like Palo Alto Networks ( NYSE:PANW ), FireEye ( NASDAQ:FEYE ), etcetera, etcetera, in it.

A lot of these companies are announcing right around the end of this month, April 27th, May 1st, somewhere around there. And so I’m looking at HACK ( NYSEARCA:HACK ) here, it’s got plenty of volume, over half a million shares traded, the stock is just trading in this fairly tight range here and some of those stocks are starting to move to the upside.

So rather than pick a stock, and if you do, in my view CyberArk ( NASDAQ:CYBR ) or FireEye ( NASDAQ:FEYE ) would be the best, but that’s just me. I just want to look at the ETF here, look at this thing, if it starts to break I would say above 29.00, really 29.50, if it starts to push up against there tomorrow, that’s just five cents from where it is right now; look for a breakout and my bet is you’re going to get a pretty nice move on this.

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