Global Bull Market Portfolio Powering Ahead . . .

CHINA LIFE (LFC)

A record number of Chinese companies showed up on our weekly screen of top performing Global Bull Market stocks. Tops among them was our pick China Life Insurance (LFI), which roared ahead last week on news that it will pay $720 million to buy a 20% stake in domestic lender Guangdong Development Bank, as part of a consortium led by Citigroup. With the stock up almost 16% and the options up 130% since our initial recommendation, take profits on half of your options here. Adjust your stop to $87.75.

COPA HOLDINGS (CPA)

Last week, this Panama-based Latin American airline announced net income of US$37.2 million for 3Q 2006 — an impressive increase of 34.6% above 3Q 2005. Operating income for the quarter rose 25.4% to US$45.2 million. Its operating margin of 19.6% is also among the best in the airline industry on the planet. The stock is now up over 26%. Take half of your profits on your stock here. Move your stop up to $40.45.

MILLICOM (MICC)

Millicom International Cellular left global giant China Mobile at the altar earlier this year. But Millicom has continued to do well on its own. Revenues jumped 54% to $403 million compared with the year-ago period and the company recently posted earnings of 52 cents per share versus a penny a share last year. The stock is up almost 37% since we recommended it and your remaining options are up 365%. Our target price is around $50 on this stock, so hold on for now.

SWEDISH ETF (EWD)

What’s been the single best-performing ETF around? Well, our pick in Sweden, of course! The Swedish ETF is ranked as the single best-performing ETF over the last three months. It’s up 10.77% since we recommended it, for an annualized gain of almost 81%. Adjust your stop to $29.30.

AMERICA MOVIL (AMX)

Carlos Slim’s Latin American cell phone giant is up 7.47% since we recommended it six weeks ago, for an annualized gain of 87%. As the largest stock in the Mexican market, America Movil is benefiting from Mexico’s red hot run of late — including a streak of six up days that ended last Wednesday. Move your stop to $40.55.

TELEFONICA (TEF)

This Spanish conquistador is up 15.40% — and your remaining options are now up a whopping 278%. You’ve already made profits of 129% and 210% on the options. Telecom is a red hot sector this quarter, so hold on to the stock for now. Adjust your stop to $58.70.

ICICI BANK (IBN)

India’s largest bank is benefiting from the Indian stock market’s record-breaking run. ICICI is up just under 8% in two short weeks, with the options up almost 56%. The stock is also entering Wall Street’s radar screen as a global blue chip favorite for 2007. Expect more good things ahead. Move your stop to $36.40.

PHILIPPINE LONG DISTANCE (PHI)

The Philippine stock market took a breather last week. Despite two up days on Thursday and Friday, our broad-based play on the Philippines is slightly down from one week ago. No worries, though. Look for this market to resume its bull run after taking a well-earned breather. Adjust your stop to $46.00.