Categories: Stock Market NewsVIP Alliance Hotlines

VIP Alliance Weekly Update

I. Conservative Recommendation

American Express (AXP) is a holding in Momentum Trader Alert.

American Express is part of the financial sector, which has benefited from the sudden rotation out of technology stocks over the past week.

The company was in the news this week after it signed another co-brand deal with Marriott International Inc. In June, American Express also won exclusive rights to issue credit cards for Hilton Worldwide Holdings Inc.

American Express scores 100% on all the short-, medium- and long-term technical indicators I follow.

II. Aggressive Recommendation

Costco Wholesale (COST) is currently a holding in Smart Money Masters.

Charlie Munger’s favorite stock was hit hard in the summer, as it was swept up in the fervor surrounding Amazon.com’s acquisition of Whole Foods.

In the meantime, Costco kept chugging along, generating strong financial results.

Raymond James gave the stock an “outperform” rating, raising its target price from $173 to $202. The broker called Costco’s recent sales “nothing short of impressive” and expects Costco to gain market share through additional store openings in both the United States and abroad.

Costco stock also has the wind at its back and scores 100% on all technical indicators I follow.

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.