Nicholas Vardy
Betting on a Chinese High-Tech Champion
With global markets selling off sharply both Friday and this morning, this is a tough time to be making stock recommendations. But this week’s Bull Market Alert pick, Spreadtrum Communications, Inc. (SPRD), the leading Chinese fabless semiconductor provider, is one of a handful of companies that has been bucking that negative trend. Spreadtrum develops the […]
Markets Looking at Short-Term Bounce
Wall Street fell for a third day Tuesday on fears that Europe still is failing to tackle its debt crisis. However, European markets are rallying strongly this morning on news that German courts have rejected a suit that would block Germany from contributing to the Greek bailout plan. The U.S. markets took another beating over […]
Doubling Up on Precious Metals
Over the past two months or so, your Bull Market Alert picks have become much more short-term bets. You saw this in the case of Arcos Dorados Holdings Inc.(ARCO), which you exited on Sept. 1, after gaining 15.29% in the stock and 130% in the options in just eight trading days. Toyota Motor Corp. (TM) […]
Booking 140% Gains in Eight Days in the “McDonald’s Latin America”
Global markets have continued to bounce strongly over the past few days, with the S&P 500 up 8.4% just since Aug. 22. Arcos Dorados Holdings Inc. Cla (ARCO) has done even better, soaring 15.29% over that same time period. With the stock going parabolic, and with global markets now approaching short-term overbought conditions, I […]
Global Markets Recover… Can it Last?
Markets offered investors some relief as the S&P 500 Index rose 4.5% over the past five trading days. However, the S&P 500 is still down 11% from its April high, with more than half of the losses accruing in August alone. Mixed economic data has complicated trading decisions lately. In a positive move, the S&P/Case-Shiller […]
Market Stabilizing, Good News From Greece
Last week finally offered a respite from the relentless bad news in the stock market over the past month, even though the last two weeks of August are traditionally the slowest or second-slowest trading weeks of the year. The S&P 500 rallied 4.7%, marking the first weekly gain in more than a month. Stocks […]