BofA: Oil Could Hit $160

Bank of America today said that oil could hit $160 a barrel. The May ’11 front month contract for Brent crude closed at $122.88 today, April 13, 2011. If all indicators point to oil prices going higher, with a floor of $125 this summer, a possible spike past $140, a 30% chance of hitting $160, […]

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Time to Buy The Nikkei Stock Index!

The Nikkei futures index had crashed 16% during Tuesday’s (Mar 15, 2011) afternoon session in Japan. The crash was sparked by Prime Minister Naoto Kan’s announcement on national TV broadcast saying “substantial amounts of radiation are leaking in the area” around Reactor #4. This is on top of the last 2 trading days activity. Here’s […]

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The Ultimate Stock Trading System

The search for the best trading system — whether you are trading stocks, futures, forex, options, or all of the above — has been attempted by many professional and would-be traders for many decades, even before online trading. The general theory has always been that the market is not 100% efficient and by looking at […]

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Using Leveraged ETF’s To Avoid PDT Rule

The pattern day trader or PDT rule that was implemented by the SEC on February 27, 2001 requires that all “day trader” accounts have least a balance of at least $25,000 in a margin account. This is referred to as FINRA Rule 2520. A day trader is considered someone who buys and sells the same […]

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