Nicholas Vardy
Pausing for Breath after Booking Some Well-Timed Gains Last Week
Wall Street finally broke its four-week winning streak, with the S&P 500 dropping 1.07% and the MCSI Emerging Markets Index tumbling 2.66%. Worries surrounding Fed tapering; a “Black Swan” style collapse in the Japanese stock market last Thursday; and weak manufacturing data from China all combined to unnerve investors. Another 3% dive in Japan’s Nikkei […]
No Sign of ‘Sell in May and Go Away’
It was yet another strong week in U.S. markets. The S&P 500 jumped 1.14% to match exactly the gains in the Nasdaq. Global markets were more subdued, as the MCSI Emerging Markets Index rose a mere 0.16%. The biggest gainer in your Alpha Investor Letter portfolio was the Wisdom Tree Japan Hedged Equity (DXJ), soaring […]
Booking a Pair of Option Gains of 66.67% and 51.01%
Japan continues its relentless rise, as do your related exchange-traded fund (ETF) and options positions. Your leveraged bet on that Asian market through ProShares Ultra MSCI Japan (EZJ) is now up 35.54%. Your two Japan-related option bets — $45 and $50 call options on WisdomTree Japan Hedged Equity (DXJ) — are up 280.95% and 66.67%, […]
The Global Guru: Singapore: Asia’s Politically Incorrect Success Story
A city-state located at the tip of the Malay Peninsula with a population of 5.2 million, Singapore may be the most successful among the four “Asian Tigers,” which include Hong Kong, Taiwan and South Korea.
Celebrating Big Profits in Japan — And a Pair of Irish Options
It was yet another strong week for U.S. markets, with the Dow Jones up 1.56% and the S&P 500 rising 2.07%. The MSCI Emerging Markets Index, however, fell slightly, ending the week down 0.34%. You had some big gains in Delphi Automotive (DLPH), which jumped 6.87%, and Stratasys Ltd. (SSYS), which rose 5.54%. The big […]
The U.S. and Japan Continue to Roar Ahead
U.S. markets continued their rise this past week, with the Dow Jones up 1.06% and the S&P 500 jumping 1.50%. Global markets took a breather, with the MCSI Emerging Markets Index ending the week 1.18% lower. The Japanese market has also gone from strength to strength, with the tumbling yen boosting your position in Wisdom […]