North American Palladium Ltd. (PAL) has been a terrific bet for us, up more than 16% or so far during the last three weeks.
Shares in Sina Corp. (SINA) — “China’s Twitter” — shot up another 7.75% yesterday.
You had a solid start to 2011 in your Global Bull Market Alert portfolio, booking quick profits of 57% on your March $72.50 calls in Sina Corporation (SINA) on Friday, after only four days.
Global markets gave back all of their gains of 2011 yesterday; however, shares in Sina Corp. (SINA) — “China’s Twitter” — broke out to record highs. The stock is now up 12% just since last Friday’s close.
Global markets rallied sharply over the past two weeks, as they often do during this time of the year. All but two of your current positions hit 52-week highs. Many of your positions paid out dividends over the past two weeks as well, which also boosted your returns.
Indian outsourcing was all over the headlines a few years back. Then came the “Great Recession,” and the entire sector seemed to collapse — along with the shares of the Indian companies that were the global leaders in the sector.