Nicholas Vardy
A “3D” Bet on Profits
The big news in your Bull Market Alert portfolio continues to be European banks, with the National Bank of Greece (NBG) soaring 27.56% this past week alone and Bank of Ireland (IRE) jumping another 8.23%. I always expected moves in European banks to be swift and “option-like.” However, NBG and IRE advances of 63.64% and […]
Booking 93.94% Gains in LIFE in Just Five Days!
It hasn’t been a stellar week for the U.S. stock market… But that’s not the case for this week’s Bull Market Alert pick, Life Technologies Corporation (LIFE), whose May $50 call options that I recommended on Monday ALREADY have soared 93.94%. With the market due for a pullback, sell half of your options […]
A Great Week for the Markets
Markets continued their relentless move upward this past week, with the S&P 500 ending 1.62% higher. Global markets also regained their momentum as the MSCI Emerging Market Index rose 4.5%. Negative news could not shake markets even as Standard & Poor’s threatened to declare Greece in “technical default.” The International Monetary Fund (IMF) also […]
Waiting For the Other Shoe to Drop…
The contrast between the collapse in global stock markets in August and their relentless rise since the start of 2012 is positively eerie. The S&P 500 has risen nine times out of 14 trading days, and is on track to have its best January since 1997. The collapse of the VIX — the “fear index” […]
Booking 61.02% Gains in Ford — And Betting on the DNA Revolution
The January rally continued last week as the S&P 500 kept defying gravity. For the week, the Nasdaq climbed 2.8%, the S&P 500 jumped 2% and the Dow rose 2.4%. With your options in Ford (F) now up 61.02%, sell half of your call options here to lock in your gains. Hold on to your […]
What China’s Slowdown Means for You
Well, the numbers released today on China’s economic growth confirm what economists have long suspected: that the Chinese economy is finally slowing down from its breakneck pace of 10% annual growth. Of course, China’s 8.9% growth rate in Q4 still trumps the U.S growth rate of 1.8% by a country mile. But behind China’s slowing […]