U.S. and global stock markets closed a strong week. The S&P 500 rose 1.52%, while the Dow Jones jumped 1.59% and the Nasdaq recovered 1.90%. The MSCI Emerging Markets Index bounced back 2.34%, almost recovering the prior week’s losses. Your Smart Money Masters portfolio had a solid week, which can be seen in the following […]
1. Conservative Recommendation The Home Depot, Inc. (HD) The Home Depot, a holding in Alpha Algorithm, has rallied strongly along with the rest of the housing sector in recent weeks. Housing stocks are trading at levels not seen since 2006. Hurricane damage from the trio of recent hurricanes — Harvey, Irma and Maria — is […]
Cryptocurrencies are currently the “next big thing,” but how do you explain things like bitcoin and blockchain to the uninitiated?
Sell one-half of your Applied Materials, Inc. (AMAT) October $47.00 calls (AMAT171020C00047000), which last traded at $5.40, for an 85.57% gain. Sincerely, Nicholas A. Vardy
This week’s Momentum Trader Alert takes you back into the realm of one of the hottest sectors of 2017 in the U.S. stock market: technology. Founded in 1932 and headquartered in Wallingford, Connecticut, Amphenol Corporation (APH) is one of the world’s largest designers, manufacturers and marketers of electrical, electronic and fiber optic connectors, interconnect systems […]
This week’s Alpha Algorithm revisits a familiar tech name, Apple, Inc. (AAPL), for the fourth time. Most recently, you sold out of Apple on Sept. 8 at $159.25 for a 10% gain. Although the stock pulled back sharply below $150 in the recent sell-off, Apple has remained as one of the very favorite stocks among […]