Oil over $73 and climbing?
$73 has been a resistance number for awhile for Oil and it looks like it is crashing through that today. I don't know if it is just contract expiration related or sustainable price growth, but it will probably mean a good day for oil stocks today. An interesting article worth reading (of course just one person's view) :
I've been advising ATPG as an undervalued longterm oil play for months, and it has moved up nicely so far. I am kind of leery to urge it now for fear of a correction, but perhaps build a small position to at least get you into the company might be worthwhile. I've blogged useful links in May and recently on the subject, which you may want to read as you do your own research.