Just giving a heads up, the computer software gaming group of stocks are currently trending higher and steadily moving up the ladder.
The relative position of the group was:
This week: #7
Last week: #14
3 weeks ago: #29
6 weeks ago: #62
This group has continuosly trending higher as the market keep shaking off the laggards and showing new leaders.
Some names on this group: $EA $ZNGA $SOHU $ATVI
Per my rules I rather trade $EA because of the market capitalization and liquidity.
Another great performance indicator is that for past 8 quarters in a row $EA has being increasing their fund ownership, that is a rare high number. And if the big boys want this stock I want it too.
The stock reacted very well to past week earnings report, breaking out on almost 3x above average volume.
Definitely at least a stock/industry group to keep on your watchlist.