And you thought that leadership began with the letter "L" — tsk, tsk!

Whether you're talking about your country, your home state, your workplace or the head of your kids' PTA, if you're without strong, powerful leadership, you'll soon find yourself at the short end of the stick!

You can take that little life lesson to the bank—quite literally—if you pay close attention to my next profound statement: More stocks are following the QQQQs (the Nasdaq Poweshares QQQ ETF) right now than are not.

And what that means is even if you're not in the QQQQs, you need to start basing your trading decisions on what it is doing. You see the Qs are our leader, not the S&P 500, not the DOW—the Qs. Behold their power!

So now that you know what to watch, you need to know which sectors hold the most strength. There are three — the elite three, if you will, href="/order/?pc=8SP195"target="_blank">and it is within those sectors that we will discover the best avenues of opportunity.

The Elite Three

As I said, there are three sectors right now that are ripe with stock picking opportunities!  And they are...(from least exciting to the most—but truly these are all the best of the best):

#3: Biotech

The uptrend line in the $BTK (Biotechnology Index) started way back in 2002.  Biotech stocks have now bounced off that long term up trend line, and broke out to the upside through the resistance.  Several months ago, I included Biotech on the "Top 25 sectors to avoid list" for my Trending123 subscribers—my, oh my how times can change!  This sector has become a sparkle in my trading eye in the last few weeks, and I'm keeping my eyes peeled for good opportunities for us.

#2: The Internets (including Software)

The stocks that I like in this sector are mostly ones that we, at Trending123, currently own.  But the higher stocks tend to travel the less excited I get about them because well, they can only get so high right?

So immediately I start thinking about the next bunch of stocks that we could potentially profit from.  We have a lot of room to grow in this sector—right now I am targeting a 38.2% retracement in the $DOT (Philadelphia Internet Index) and the $GSO (Computer software Index) in the long term, which leaves us with plenty of upside in these sectors.  Now, in terms of the stocks I think are going to be frontrunners in this sector…I've got two particular stocks in mind—href="/order/?pc=8SP195"target="_blank">join Trending123 now and be the first to know when I pull the trigger on these new buys.

#1: Chips

Not only did chips break out of their downtrend line from 2002 in the SMH (Semi-conductor Holders) but they also back-tested and when they did, managed to coincide with the uptrend line!  Talk about a terrific trading trifecta! Looking at the charts, I see this sector has a ton of room for growth.  No doubt about it—the chips are definitely starting to crank!

The power is in your hands—all you have to do is follow the QQQQs.

Trade Alert:

Autodesk (ADSK) — operates as a design software and service company.  It serves architectural, engineering, construction, manufacturing, infrastructure, and digital media markets.  Autodesk was founded in 1982 and is headquartered in Rafael, California.

Ascending Triangle

The ascending triangle is a generally bullish chart pattern formed by a series of higher lows and approximately equal highs.  In fact, it looks a lot like a staircase viewed from the side—the successively higher lows form the steps up to the high, which is the landing. So what happens when the lows reach the top of the landing?  Well, if it goes as expected, the price will break out above the top trend line formed by the constant high prices.  At the breakout point, there will usually be an increase in volume.

And hat's when it takes off.  With ADSK, which is in an ascending triangle pattern, we've got a target of $60, which would be more than a 25% gain.  Does that sound good or what?  If so, href="/order/?pc=8SP195"target="_blank">join Trending123 now to find out about more ascending triangle trades.

Want to double your money over and over again, building your wealth relentlessly over time?  Find out how Trending123 can help—href="/order/?pc=8SP195"target="_blank">click here now!  You can get Trending123 at $50 off the regular price — there's no better time to start packing your portfolio with 10%–30% sudden profits than today!