Nicholas Vardy
Booking Your 12th Triple-Digit Percentage Gain of the Year with Crocs (CROX)
With all eyes trained on the budget-ceiling drama in Washington, the S&P 500 closed down 3.9% last week, enduring its worst five-day run in a year. U.S. markets have now fallen three months in a row. That’s a streak not seen since 2008 at the height of the financial crisis. Meanwhile, gold hit another record […]
A Profitable Week despite Debt-Ceiling Worries
The on-going drama over raising the U.S. debt ceiling has swept worries of a Greek default under the rug. All eyes remain focused on the U.S. government as the battle to see who “blinks first” wages on. Although investors do not believe lawmakers are foolish enough to allow a catastrophe, the markets cannot help but […]
European Banks and Making a Mint in “Crisis Investing”
This past week, global stock markets resumed their bullish run. The Nasdaq was up 2.5%, while the S&P 500 added 2.2%. Overall, the market continues to be choppy, with attention shifting between the U.S. debt-ceiling debates and European bank bailouts. I expect it to continue to do so in the coming weeks, as we now […]
Getting Back On the Silver Bull
This past week, global stock markets corrected across the board, and the S&P 500 fell 2.1% for the week. The third year of a bull market is often choppy, and 2011 has done nothing to change that pattern. The biggest news in your Bull Market Alert portfolio was in connection with Bank of Ireland (IRE) […]
The “Relief Rally” Takes a Breather
The recent “relief rally” took a predictable break after a rapid run in the major market indexes. The economic uncertainty plaguing Greece over previous months has rolled on through to Portugal, and now has its sights set on Italy. This negative sentiment is causing grief not only for European markets, but for markets all over […]
Taking Breather after a Bullish Bounce
Global stocks fell Friday as the Nasdaq ended an eight-day winning streak. For the week, the Nasdaq rose 1.6% and the S&P 500 climbed 0.3%. Your position in Crocs, Inc. (CROX) continues to be a standout. It is up 15.37% in just the last three weeks. Remember, you took 63% profits on half of your […]