Fadi El-Eter

One of the worst bank stocks (of course with the exception of AIB and IRE) is BAC (Bank of America Corporation). This stock is in a downtrend since April of 2010, and everytime the stock breaks the $15 level, it goes down a few dollars. The stock reached...

For those who don't know, the "January Effect" is a phenonmenon where most stocks surge in the month of January. The January Effect completely fades by the end of January, where investors start looking at the real fundamentals of the stock for...

The words risky and dangerous are often used interchangeably in the trading world, but there is a substantial difference between the two: Risky stocks are those stocks that you believe in, while most of the market doesn't. Risky stocks are typically...

When I first started trading, I didn't know what shorting was. Shortly afterward, when I was buying stocks, I saw, under the list of choices (I wanted to use the word options but I don't want to confuse readers) that I have, something called "Sell Short"....

I learned 2 things since I first started trading: 1- What goes up will go down (and vice versa). 2- BAC can be a dangerous stock. I sold all of my BAC shares by the end of last month, at around $13.30. Almost a week later, the stock went up a buck,...

I bought FAZ a few months ago when it was at $13, it is currently trading at trading at $9.64. I admit, I lost money, a lot of money on this stock. I still haven't sold it and perhaps I won't sell it unless I sell all my financials. For me, FAZ is a hedge...

BAC continued its rebound today, up 65 cents (or 5.42%) from yesterday's closing. BAC reached a high of $12.69. What's interesting today is that BAC broke through 2 resistances, the $12.06 resistance (tested 6 times) and the $12.36 resistance (tested 3...

BAC and SIRI are way up in the pre-market. BAC is currently up 22 cents (or 1.83%), trading at $12.22 in the pre-market, and SIRI is up 9 cents (or 7.22%), trading at $1.41 in the pre-market. I could've sworn that I saw SIRI trading at $1.48 at one...

Bank of America (BAC) closed today at the $12 level. This is, in my opinion, a very important psychological turn in the trend of the stock, which, until this very moment, is still bearish. However, as I stated earlier today, closing at this level can make...

Apparently, BAC is now rebounding, and is has broken the huge resistance located at the $12 level a few minutes ago. On a rather slow day, BAC is now up 44 cents (at $12.01), or nearly 4%. To put things into perspective, let's compare it to other...