Nicholas Vardy
A “Pure Play” on Asia’s Las Vegas
It was a good week for your Bull Market Alert portfolio, as your position in Bank of Ireland (IRE) soared 16%. This jump is actually the first time that Bank of Ireland (IRE) has traded above its 50-day moving average since early September and indicates the kinds of gains that are possible with this kind […]
Great Expectations for Earnings Season
The U.S. markets continued their rally into the second week of 2012. The S&P 500 Index broke above its 200-day moving average on the first trading day of 2012 and managed to rise 1.18% over the past five days. The Dow Jones industrial Average lagged somewhat, but managed a 0.53% gain last week, as well. […]
Where Does the United States Rank Among the World’s Most Competitive Economies?
The U.S. economy has taken a real knock over the past few years. The financial crisis and housing crash of 2008; the relentless onslaught of trillion-dollar government deficits; and the inevitable rise of China have all combined to tip the U.S. economy from its top perch as the world’s #1 most competitive economy. The annual […]
A Solid Set Up For A Bull Run to 1,345
The new trading year got off to a solid start, with all of the major U.S. averages ending the week higher. As of Friday’s close, every major U.S. equity index is back above its 200-day moving average. The one exception is the small cap Russell 2000, which isn’t far away. In addition, the Dow has […]
Starting the New Year with a Bang
Stocks rose sharply on the first trading day of 2012, thanks to encouraging economic reports from the United States and around the world. The Dow rose 1.4%, to 12,397.38 — its highest close in more than five months. Spurred by stronger-than-expected manufacturing reports out of China and the United States, the S&P 500 Index finished […]
Placing Your Bets For 2012
With 2012 upon us, it’s the time of the year for predictions. And no matter where you look, optimism is in short supply. The front-page headline in today’s Financial Times in London screamed “Economic Consensus Foresees a Bleak 2012.” In the newspaper’s survey of 83 economists, three times more respondents thought the economic outlook would […]