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Japanese Yen Slips as DJIA Rallies Nearly 2% The Japanese yen ended Friday down versus most of the majors as traders sought out risky assets, as indicated by the nearly 2 percent surge in the Dow... Go to Full Article
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US Dollar Rebounds From Key Support, Bernanke Remains Complacent - US Dollar Rebounds From Key Support, Bernanke Remains Complacent - British Pound Falls Over 200 Points As UK Economy Stagnates - Euro Down But Not Out... Go to Full Article
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Forex Forecast: 5 Key Events (Bernanke On Financial Stability) Federal Reserve Chairman Ben Bernanke delivered his prepared speech on Financial Stability to an attentive market Friday morning in Jackson Hole, Wyoming.... Go to Full Article
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Chevron Shares: A Great Value We are upgrading Chevron Corp. (CVX) shares to Buy from Hold following the stock’s recent commodity-price related weakness. We think that the risk-reward trade-off is very favorable at current levels. While a weak oil price environment ... Go to Full Article
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Linktone Unprofitable Thru ‘09 Linktone Ltd (LTON) is a provider of wireless interactive entertainment services for mobile telephone users and advertising services to enterprises in China. The Chinese wireless value-added services market has seen increasingly intense ... Go to Full...
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Lehman Saga Continues: Will There Be A Takeover? Yesterday, it was reported that beleagured US investment bank Lehman Brothers Holdings (LEH) may not be receiving its hoped-for $5 billion bailout from the Korean Development Bank (KDB). No public statements were issued, ... Go to Full...
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Changing Markets Require Changing Tactics The second law of thermodynamics states that entropy always increases. Put another way, “things change.” How one reacts to changing environments can often make the difference between long-term success and failure. ... Go to Full Article
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British Pound Plummets To Two-Year Low Against Dollar As UK ... The worse performer of the day has been the British pound, which fell more than 250 pips against the US dollar from a high of 1.8770 towards 1.8500, more than erasing Thursday’s gain. Friday’s release of UK GDP was worse...
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Bundesbank Favours Gold While US Government Mint Sells Out Of Gold ... Gold finished trading in New York yesterday at $833.30, up $23 and silver was up 73 cents to $13.76. Gold and silver remained firm in Asian trading and have given up some of the gains in early European trading. ... Go...
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Water ETF Tanks The S&P For Returns Water and its related exchange traded funds (ETFs) and stocks have been freestyling the markets faster than the S&P 500. As almost half of the world is experiencing drought-like conditions, the shortages are not a mirage for companies ... Go to Full...
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How To Profit From A China Investing Strategy: Part 2 By William Patalon III. Investors who abandon China now will live to regret their decision. That’s why we say that every investor has to have a China investing strategy. With the benchmark Shanghai stock index down 56% so far this year,...
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Forex Trading: Did GBPUSD Break Support? Well technically "yes ... The prior post asked if the low at 1.8511 would be broken? Well, the low is 1.8506 so technically it did. However, the pair bounced sharply after the stops to a high of 1.8558. Now the pair is waffling back down and looks...
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Forex Trading: GBPUSD... Will it break before the weekend? The GBPUSD is approaching the 1.8511 level having moved below the 19/20th low of 1.9536. The EURUSD went through stops and sold off. Admittedly, we are in the London/Europe closing window. The period can print extremes that define a...
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Forex Trading: EURUSD hold support at the 200 hour moving average As per the previous posts, the EURUSD is testing the 200 hour moving average at the 1.4802 level. The low has been 1.4803. Intraday traders have taking profit at the level so far, as London/Europe head home for the weekend. ... ...
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Forex Forecast: 5 Key Events (Bernanke On Financial Stability) Federal Reserve Chairman Ben Bernanke delivered his prepared speech on Financial Stability to an attentive market Friday morning in Jackson Hole, Wyoming.... Go to Full Article
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