It was a tale of two markets last week, with the stock market rallying strongly for the first three days of the week but falling sharply on Thursday and Friday. You saw this in last week’s bet on EOG Resources, Inc. (EOG), which hit a new 52-week high early in the week yet ended the […]
What a difference a week makes… The ink was barely dry on this month’s issue of The Alpha Investor Letter before both U.S. and global stock markets rallied sharply. After getting hammered at the beginning of April, the S&P 500 is now riding a six-day winning streak, something it hasn’t done since September. Over the […]
Almost a third of the way into the year, one thing is becoming clear: 2014 is not shaping up to be another monster year for the U.S. stock market.
U.S. stocks bounced strongly last week, as the Dow Jones rose 2.38%, the S&P 500 recovered 2.71% and the tech-heavy NASDAQ jumped 2.39%. The MCSI Emerging Markets Index also rose 0.43%. You were stopped out of Gazprom (OGZPY) with a double-digit percentage gain of 10.18%. Although I think this stock is still insanely cheap from a […]
Following August 1997, the height of the emerging markets boom, there will again come a time when emerging markets will attract the same manic attention of foreign investors.
Gaslog Ltd. (GLOG), the natural-gas transporter that has delivered three straight quarters of triple-digit percentage profit growth, soared 6.27% yesterday. The day after big price surges is always a good time to take money off of the table. So, with your Aug. 2014 $25.000 calls (GLOG140816C00025000) up 61.25%, sell half of your options here to […]