Nicholas Vardy
Booking 63.15% Gains in 5 Days — and Doubling down on Mortgage REITs
Financial markets bounced strongly the past week with the S&P ending the week 2% higher. Last week’s Dividend Pro recommendation to buy January $35 call option on Rentech Nitrogen Partners, L.P. (RNF) paid off particularly well, as the options soared 63.15%. Sell half your options here to lock on your big, quick gains. Hold on to […]
Betting on the Bounce!
Global stock markets resumed their upward trend this week with the Dow Jones rising 0.58% and the S&P 500 up 0.93%. The MSCI Emerging Markets Index also jumped 1.62%, signaling a return of risk appetite. Stocks achieved solid gains for a second straight session Tuesday, as they continued to recover from last week’s sell-off. The […]
The Global Guru: Make Your Fortune in the “China Next Door”
Over the past decade, China has established itself as a global manufacturing powerhouse, overtaking even the United States in 2011 as the world’s largest manufacturer. “Cheap Chinese labor” became the rallying cry of the global economy, as China’s low labor costs allowed the country to transform itself into the workshop of the world. If you […]
Waiting for the Market to Bottom
This past week was a tough one for stock markets across the globe. The Dow Jones was down 2.07%, the S&P 500 dropped 2.21%, and NASDAQ fell 2.94%. Surprisingly, global markets held up relatively well, with the MSCI Emerging Markets Index down a mere 1.62%. Overall, however, it was the worst week for financial markets […]
Tidying Up Your Portfolio… And a New Option Recommendation
With a whopping 16 holdings, the size of your Dividend Pro portfolio is once again getting too big for its britches. Frankly, it’s tough for me to push out any of your positions from the portfolio, as I think they all have solid potential. Nevertheless, this week, let’s say goodbye to PowerShares Emerging Mkts Sovereign […]
The Global Guru: Markets Climbing a Wall of Worry
Take a step back from the day-to-day headlines, and you’ll have to agree… …global financial markets have been on a roll… The U.S stock market has soared 15% from its lows in early June. Almost three-quarters of the shares in the S&P 500 are above their 200-day moving average. That figure is even higher in […]