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

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...

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...

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

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...

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...

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...

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,...

Euro Bullish Opportunity against 1.4672 As long as price is above 1.4672 (ideally, price remains above 1.4744), we are bullish and expecting a rally to at least 1.4980 if not the Fibonacci zone,... Go to Full Article

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

Forex Trading News: EUROZONE Industrial New Orders Released EUR Industrial New Orders came out better than expected at -0.3% from the previous -5.4%. This was forecast at -1.1%. The EUR did not react much to this news. Go to Full Article

Forex Trading News: UK Revised GDP Released The UK Revised GDP comes out flat at 0.0% from the previous 0.2%. This was forecast for a slight drop to 0.1%. The GBP softened up across the board after this weaker than expected data. The currency fell to session lows and is still ... Go to...

Forex Trading News: EUROZONE Current Account Released The EUR Current Account comes out worse than forecast at -8.2B from the previously revised -5.5B. This was forecast for a rise to -2.0B. The EUR softened up across the board after this data. Go to Full Article

Forex Trading News: EURUSD Bounces Off 50% Support Looking at the EURUSD once again, as the USD firmed up across the board, the 50% retracement has just provided a support for the pair for the second time since the NY session. This also happens to be where the 100 Hour MA lays. Go to...

A Six-Part Study Guide to Market Profile — Free eBook Today I offer you a new free ebook to download from my site — A Six-Part Study Guide to Market Profile. Actually it’s not very new — it was written in 1996 by the Chicago Board of Trade professionals. It thoroughly explains the one...