With the U.S. Congress averting the “fiscal cliff” for now, markets across the globe are rallying sharply. And with tax increases on dividend payments now clarified and limited mostly to high-income investors, the cloud of uncertainty surrounding certain of your Dividend Pro holdings now has cleared. As a result, I expect that you’ll see a […]
Yesterday you booked 115.38% gains in your iShares FTSE China 25 Index Fund (FXI) $40 call options, as well as 66.4% gains in your iShares MSCI Emerging Markets Index (EEM) $43 call options. In fact, you may have even bigger profits, as these positions just kept on going as the trading day progressed. As of […]
After Monday’s big rally in the stock markets, and yesterday’s news that the United States managed to avert the dreaded “fiscal cliff,” global markets are rallying sharply today. And it’s when markets rally sharply that options enjoy their biggest gains. So, today I am recommending that you sell half of your February $43 call options […]
Overall, it was a flat market in the United States with the S&P 500 down 0.03% and the Dow Jones Industrial Average ending the week 0.27% lower. Global markets, however, continued their steady rise with the MCSI Emerging Markets Index jumping 2.71%. Asian stock markets started the year in positive territory, hitting a five-month high […]
This week, I am writing to you from the shadow of Turkey’s most famous mosque — the Hagia Sofia — and the center of the capital, Istanbul’s Sultanahmet historic district.
With the threat of a U.S. fiscal cliff dominating the financial headlines, the U.S. Santa Claus rally looks to be a “no show” in 2012. Since Friday, Dec. 21, the Dow Jones has dropped 1.92%, and the S&P 500 has fallen by 1.94%. In contrast, investors continued to favor global stock markets, with the MCSI […]