Just 10 days ago, I recommended that you place a triple-leveraged bet on the Dow Jones Industrial Average bouncing off its 200-day moving average. Well, the timing of that trade worked like clockwork, and ProShares UltraPro Dow30 (UDOW) is up 7.16%. With your related DIA October 2014 $166 call options (DIA141018C00166000) now up 56.43%, sell […]
Global stock markets rallied on cue this past week, following a couple weeks of overly negative sentiment. The Dow Jones was up 2.17%, the S&P 500 rose 2.47% and the NASDAQ jumped 3.15%. Global markets joined the party, with the MCSI Emerging Markets Index up 1.87%. Big gainers in your Alpha Investor Letter portfolio included […]
Almost six years after the collapse of Lehman Brothers, professional Cassandras never ceased predicting that the next economic meltdown and a stock market crash is just around the corner.
As I expected, U.S. markets bounced strongly last week. The Dow Jones rose 0.66%, the S&P 500 recovered 1.22% and the NASDAQ jumped 2.15%. The MCSI Emerging Markets Index joined the recovery party, rising 1.83%. Last week’s Bull Market Alert bet on a bounce in the Dow Jones, ProShares UltraPro Dow30 (UDOW), ended up a solid […]
There is a group of Arab countries that are attracting investors’ attention because they are among the fastest growing and most successful economies in the world.
U.S. markets rallied sharply on Friday, closing the week on a positive note. For the week, the Dow Jones was up 0.37%, the S&P 500 jumped 0.33% and the NASDAQ recovered 0.42%. Global markets had little time to benefit from Friday’s relief rally, and the MCSI Emerging Markets Index ended the week 0.79% lower. Big […]