Categories: Bull Market Alert HotlinesStock Market News

Global Bull Market Alert — Special Alert

With our options up 76.09%, it’s a good time to take some profits off the table. Sell half of your options (VIQ-GT) here, but hold on to the stock for more gains.

Also, our Brazil-based China play — mining giant CVRD (RIO) — announced record profits last night after the market closed. CVRD recorded an 86.9% rise in net profits in the first quarter of 2007, driven by the strong performance of its new Canadian nickel unit Inco Ltd. Profits totaled a record $2.22 billion, up from $1.19 billion a year ago.

With other mining stocks up overnight in Asia, and CVRD up in pre-market trading, let’s sell half of our options (RIO-FH) here for a 56.86% gain.

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world. He was the Editor of The Global Guru, a free weekly e-newsletter, and also edited the trading services Momentum Trader Alert, which focused on making short-term profits in the hottest markets in the world, and The Alpha Algorithm, which was designed specifically to deliver big, fast triple-digit winners, month after month. He was also the editor of Smart Money Masters, a monthly service focused on longer term investments recommended by the brightest minds in the business. Mr. Vardy has been a regular commentator on CNN International and the Fox Business Network. He has also published articles in The New Republic, The World and I, and The Baker & McKenzie Legal Review. The Global Guru/Nicholas Vardy has been cited in The Wall Street Journal, Newsweek, Fox Business News, CBS MarketWatch, Yahoo! Finance, and MSN Money Central. Mr. Vardy graduated from Stanford with a B.A. — with honors and distinction — in both Economics and History, and he also earned an M.A in Modern European Intellectual History. After winning a Fulbright Scholarship, he earned a J.D. degree at Harvard Law School where he was an editor of the Harvard International Law Journal. When not uncovering investment opportunities for his subscribers and investors, Mr. Vardy is a keep-fit enthusiast and an avid student of classical music.