Nicholas Vardy
My #1 Pick Among Red-Hot U.S. Mortgage REITs
Markets spent the better part of the week drifting lower in anticipation of the Federal Open Market Committee (FOMC) meeting results. However, all the major indexes “made up for lost time” on Friday to close the week on a winning note. The Dow Jones Industrial Average gained just 0.16%, while the NASDAQ Composite and S&P […]
How to Generate Almost 1% a Month in Income
There’s nothing quite like the sound of a cash register ring — even if in today’s world, it’s more like seeing a number on your computer screen. It makes the ups and downs of the market so much easier to bear — especially during the Dog Days of Summer. There will be plenty of time […]
Markets Bouncing Back
The biggest gainer in your Alpha Investor Letter portfolio was Stratasys (SSYS), which soared 12.21% and announced earnings today before the market’s open. Your bet on Market Vectors Indonesia Index ETF (IDX) rose 5.52%, outperforming the broader emerging markets index. Visa Inc. (V) also jumped 5.23%. In your current portfolio, Statoil (STO) moved to a BUY, after it moved back above its […]
How You’d Bet on Global Currencies Using the “Big Mac” Index
For the 26th year running, The Economist magazine has just published its famed Big Mac Index — a tongue-and-cheek way of measuring purchasing power parity (PPP) — that is, the relative over and undervaluation of the world’s currencies. According to the theory of purchasing power parity, a dollar should buy the same amount of the […]
Booking Triple-digit Gains in Omega Healthcare- and Collecting a 42 cent Dividend
Who says you can’t have it both ways — generate income AND enjoy triple-digit option gains? Well, that’s exactly what you’ve done with Omega Healthcare Investors Inc. (OHI) in just the past few days. First, you’ll be collecting a .42-cent dividend on the stock as it went ex-dividend on July 27. The dividend itself […]
Riding the Biotech Bull
Your biggest gainer was Bank of Ireland (IRE), which shot up 11.72%, and is now back to a BUY. 3D Systems (DDD) also announced earnings and shot up 7.59%. National Bank of Greece (NBG) rose 3.92% on news of a potential investment from billionaire contrarian investor Wilbur Ross, who also holds a big chunk of Bank of Ireland. […]