Nicholas Vardy
A Bullish Bounce in Silver
Your Bull Market Alert portfolio recovered somewhat during the last, holiday-shortened week. Both Nabors Industries (NBR) and ELEMENTS Rogers International Commodity Agricultural ETN (RJA) ended the week higher. Millicom International (MICC) and Novo Nordisk A/S (NVO) also rose as well. Overall, most of your positions are HOLDs, and will remain there until they creep back […]
A Bearish Bet Against the Euro
With the European debt crisis rearing its head yet again, this special Bull Market Alert position opens a bearish bet against the European currency through the UltraShort Euro ProShares (EUO). This exchange-traded fund (ETF) seeks to replicate twice the inverse performance of the EUR/USD daily price change. Put another way, when the euro goes down […]
Global Markets in a Pressure Cooker
Both global and domestic markets are taking a breather after their multi-month extended run. Explanations vary from concern over a Greek bailout; the slowdown in the Chinese economy; to the sharp sell-off in oil and commodities early in the month. Or you could put it down to simple profit-taking in a market that has enjoyed […]
The Bull Pulls its Horns — And Offers Four Special MoneyShow Picks
Your Bull Market Alert portfolio had a mixed week, as markets continue their latest downdraft. Asia sold off sharply overnight, as slowing growth in China, the contraction of Japan’s economy and Europe’s debt problems continued to weigh on global financial markets. Only a few selected sectors, telecoms, timber and biotechs among them — as reflected […]
Looking for Profits in Timber
Although it wasn’t a terrific week for global financial markets, your Bull Market Alert portfolio held up well. Your two healthcare stocks, Alexion Pharmaceuticals (ALXN) and Novo Nordisk A/S (NVO), both ended the week higher. Global telecom play Millicom International (MICC) hit a 52-week high. And with production resuming at Toyota Motors (TM) at faster-than-expected […]
Commodities Correct While Asia Booms
It was a topsy-turvy week for your Alpha Investor Letter portfolio. Last week saw a sharp sell-off in your positions, while this week they have begun to recover. With oil dropping 27%, and silver tumbling 27%, the sell-off in commodities was big. London’s Clive Capital, the world’s largest commodities hedge fund, noted that the […]