More historic than historic?

The affordability of a barrel of oil vis-a-vis wages (as measured the by number of barrels purchased by an hour of average wages) is equal to the all-time low set during the oil crisis of the 1970s.

Trading Rules

Ten trading rules gleaned from popular lore and affirmed via personal experience.

1. You shall not add to a losing position.
2. You shall not add to a losing position.
3. You shall sell half a position that moves against you by 7% of cost.
4. You shall sell the remaining half of a position that moves against you by 11% of cost.
5. You shall not risk more than 2% of your equity on any one trade.
6. You shall add to a position that moves in your favor by 10%.
7. You shall not be afraid to buy at a 52-week high.
8. You will only be long in the strongest sectors.
9. You will only be long in the strongest sectors.
10. You shall not add to a losing position.
11. Don't predict, react.

Oil getting frothy?

Volume spike marking a short-term top in oil?