Categories: Momentum Trader Alert HotlinesStock Market News

Lock in Double-Digit-Percentage Gains in This Software Bet

With your position in Take Two Interactive Software (TTWO) now up by 10.47%, I am recommending that you tighten your stop to $63.85 to lock in at least a 10% gain.

Your holding in Nanometrics Incorporated (NANO) tumbled yesterday, in a classic investor overreaction to slightly disappointing earnings even as the longer-term outlook for the company strengthened.

Nano’s CEO said while Nanometrics’ first half of 2017 should be roughly in line with its previous guidance, the company now expects second-half revenue to be at least 10% stronger than the first half of the year.

That means the stock should recover quickly, and resume its upward trend.

But, as always, keep your eye on your stop price of $26.50.

Sincerely,

Nicholas A. Vardy

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.