Oil prices have nearly doubled since they bottomed in February. There is a lot of excitement right now in the oil market. Some analysts are now calling for oil to reach $60 and $80 a barrel. However, as longtime LeadingTrader subscribers know, when the greed and excitement in a market reaches an…
The crash in oil prices has hurt many oil companies. Last year we warned our LeadingTrader subscribers that many oil companies will struggle to remain profitable and they will eventually face bankruptcy. In April 2015 I made a video on the “Worst Oil Stock in the World” and I recommended…
A few days ago I explained how our brains can make wrong decisions. I said that high emotions and fast thought patterns can be destructive to good decision making… specially in trading. A good trader needs tools to assess the risks better. Specially if those tools can also calm down…
Iran’s historic deal with America has been the subject of a lot of talk lately. However, it seems none of the media channels are reporting why Iran is agreeing to make this deal with the US, and what it REALLY means. Watch this video: What few people seem to appreciate…
Crude Oil futures came down to retest its breakout point at $108.79 today but did not close below that level. As long as we hold above this level and do not close below it, this is a bullish sign for crude and creates a buy opportunity for traders. Some analysts…
Crude Oil prices rallied today and took out its highs after days of growing international pressure to take action against the Syrian regime and their alleged use of chemical weapons. Reuters reported that: “Obama is considering cruise missile strikes against Syrian targets in response to the August 21 chemical weapons…
An interesting development announced today: Goldman Sachs analysts have slashed their 2013 forecast for Gold prices from $1610 to $1545, and for 2014 from $1490 to $1350. In fact they have predicted that Gold will close at $1270 an ounce in 2014! Either this forecast is reliable, in which case…
For the first time in twelve months we are seeing a “squeeze” on the weekly charts of the Stock Markets – namely the S&P 500 (ES) index. A squeeze means the market is brewing for an explosive move – but it does not tell us the direction of the move.…