Lehman Brothers shares rose 3 percent today even as analysts at Banc of America Securities slashed their earnings estimates and warned that the share price is not inline with current risk levels. Sound familiar? After rival Bear Stearns' (BSC) bombshell, analysts, like everyone else, are understandably gun-shy these days.

I am always on the lookout for the sure thing. I want to find inefficiencies in the market so great that I can exploit the correction. This way, I can generate huge profits for my portfolio with little to no risk. In surveying the current macro landscape these days, where I will find the next great market inefficiency? Oil.

Aerospace and defense stocks are definitely under fire these days. Even after the U.S. House of Representatives passed a $601.4 billion defense spending bill Thursday, defense stocks like everyone else, find themselves battling the effects of high oil prices.

Every so often, stocks of companies in a certain industry all get hammered on the same day. Yesterday, it was the airlines day to suffer.

The proposed merger between Sirius Satellite Radio (SIRI) and XM Satellite Radio (XMSR) has been stuck in regulatory purgatory for two years now that can only be compared to the nonsense of a communist-based system! The only silver lining I can see is when the deal is finaly approved, shares will get a substancial boost.

Let this be a warning. We are not out of the woods yet despite the market telling us otherwise. Today's wholesale price data with higher levels of inflation than expected should be a clear signal that the current market hypothesis may be a bit off base.

So why are TGT shares as red as their infamous logo? Go ahead and blame it on a lackluster earnings report, a worsening housing market…and yes, everyone's favorite topic these days: the rising price of oil. But these are temporary issues in my opinion.

After a 20-year bear market for commodities, the prices of oil, coal, basic metals, precious metals, food grains, cement, fertilizer (you name it…) are finally enjoying the running of the bulls. What many investors don't realize is that the commodities trade relies heavily on container shipping which is in high demand and short supply.

What is happening in oil today is no more than a pyramid scheme. Speculators are chasing after contracts that allow for the delivery of crude at some point in the future. With the convenient use of massive amounts of leverage, traders can take large positions with very little capital required.

While there are many opportunities to invest in China, some investors are deterred from the country because they think that the Chinese stock market is in a speculative bubble. Let me dispel this myth, and tell you why China investing offers some of the greatest profits of our time.

Does it really matter if one can predict the timing of an exact turn in market direction? The market is going to do what it is going to do and timing does not work. Staying invested regardless of conditions is a winning strategy for the long term. Applying a buy and hold strategy with mutual funds makes even more sense.

I just arrived at the Money Show and my cabbie gave me a "hot" stock tip. Trust me, when your cabbie says "buy" it's to sell. Richard Young, on the other hand, has a list of 10 stocks you will want to buy!

We have been witness to one of the greatest financial collapses since the great depression. The decimation in the banking and finance sector has been dramatic to say the least. Indeed, for investors like Tim Middleton, editor of the ETF Insider, finding the end can not only be a friend, but a profitable one at that!

Sell your dang company Jerry Yang, you little twit! This little ego game of yours is costing your shareholders billions of dollars. Even worse, your lack of skill in navigating these choppy waters has left you vulnerable to further collapse in share value! It was your job Mr. Genius to play this deal through.

Did the Oracle of Omaha, Warren Buffett really tell his minions to buy an index fund at a recent Berkshire Hathaway shareholder meeting? Indeed. He now says that active portfolio management offers no real advantages. It may be a challenge to deliver superior returns day in and day out, but it can be done. In fact, there are values all over the globe that provide investors the opportunity to outperform the market indexes.

Well that was entirely predictable. The last trading day of the month combined with a big dud of an announcement from the Federal Reserve and stocks sold off late in the day. Could this be a sign of things to come for the month of May? I think so...and so does Warren Buffett, John Bogle, and Richard Band.

Global warming may be irrefutable, but don't tell that to my fellow Minnesota natives who just endured another 2 feet of snow! Aside from inconvenience, the extra long winter is the perfect weather for those that like to play in the snow. Could that means sales of snowmobiles be better than expected?

My question today is what should investors be doing now? While many experts suggest a buy and hold strategy that essentially puts all of the emphasis on the future, there are many that use trading strategies which can be used in the here and now: Trading options.

China is one of the greatest investment opportunities of the century, but while there are enormous profits to be made, investing China can be somewhat treacherous. Let me be your guide to profits in my new book, China Fireworks: How to Make Dramatic Wealth from the Fastest-Growing Economy in the World.