If you are at all concerned about cyber security in the fast changing
and some say extremely dangerous global communications world
we are living in today, then why not invest now
in the companies that are trying to fight off malicious acts of terrorism
and safeguard our critical infrastructure and financially secure networks
here in the United States, and...
1) Long term Bullish, see weekly chart
2) Short term Bearich, but have bottomed out: Why
a) 50/50 RSI is about to cross from below upwards
b) Prices have break through the kumo-cloud
c) prices closed at the top 25% of range on 2 consecutive bar
d) Indicators are all labelled red
Action: I will go long when all of the following are lined up:
We are becoming more and more dependent on the internet. Along with this increased dependence the social desire for cyber defense will grow. Even at high costs the demand and necessity will be strong.
A single company will not monopolize security of the internet - it's too big and too complex - but I do think a broad index of companies building the "immune system...
Like the breakout here. Not surprising really -- Hacking has (ahem) been in the news a little lately. The fees on this ETF are a little high, but it's targeted exposure to a certain sector that should do well in the coming months/years. Consider this a long-term holding. Not a home-run trade, just a nice & steady holding.