Nicholas Vardy
Booking Gains of at Least 65% for a “Crock” of Profits
Crocs (CROX) stock has soared 7.68% over the past five days — and the stock is now up 16% just since June 20. The December $22 call options that I recommended now are up 65% and we could reap even bigger profits once trading begins this morning. So sell half your options here to lock […]
A One-Month Roller Coaster Ride
Global financial markets have been on a roller coaster ride lately. Thankfully, what goes down must also come up. And the final leg of that roundtrip treated investors to a stunning turnaround and a big boost to the Alpha Investor Letter portfolio. With the recent rally erasing nearly all of the losses incurred over the […]
A Sexy Singapore Stock
What a difference a week makes. After bouncing off of its 200-day moving average, the S&P 500 soared 5.6% this past week. That made the last five trading days one of the 29 strongest weeks in the S&P 500 since 1950. Your Bull Market Alert portfolio had an even stronger week. Danish pharmaceutical company Novo […]
A Strong Swing with a Light Bat
U.S. markets opened the week with two consecutive days of strong gains. Asian markets rose as well, but with less conviction. The tech-heavy NASDAQ Composite leapt 2.8%, while the S&P 500 Index and the Dow Jones Industrial Average added 2.2% and 2.1%, respectively. The S&P 500 and NASDAQ indexes both bounced up off of their […]
A “Monster” of a Momentum Play
Global financial markets had another rough-and-tumble week as stocks struggled to regain momentum. The U.S. S&P 500 did bounce off of its 200-day moving average — which is a positive sign. But after Friday’s sell-off, it again is trading right at that crucial technical level. Market uncertainty notwithstanding, you did see a gradual strengthening of […]
Is this Bounce for Real?
The past week’s positive market moves are in stark contrast to what we have lived with for the past month and a half. The recent textbook “bounce” of the S&P 500 index ($SPX) off of its 200-day moving average is a significant event and begs the question, “Is this bounce for real?” In addition to […]