In a recent interview, Rick Pendergraft says that over the next few months he looks for oil to bounce higher. Over the long-term, he thinks the $147 mark will serve as the high for oil for several years.

A technical look at the recent rally in Apple's stock and some projected support and resistance points to be wary of as the stock ascends back towards its old highs. I also take some time to address recent events and upcoming events that could provide a catalyst or slow this stock's advance down.

For MY members only...

If you've been following the blogging's of Adam Hewison (like I have) then you would have seen that they were all over the recent moves in Bear Stearns and Gold...that being said I think it's time to stop watching them from the sidelines and jump in for yourself.