Nicholas Vardy
Global Stock Investor Hotline 61
Global markets fell back sharply at the end of last week and the beginning of this one, before rallying sharply yesterday.
“Reloading the Guns” against the Euro
After climbing for several straight weeks, global markets turned sharply down last week. The Nasdaq tumbled 5%, the S&P 500 slipped 3.8% and the Dow dipped 3.3%, marking the major averages’ biggest hits since the week ended July 2.
Global Stock Investor Hotline 60
Global markets consolidated their gains this past week and pulled back slightly as a group.
Bullish on Banking in Brazil
Markets consolidated their gains last week as technical uptrends remained in place for most global stock exchanges. As you know, your Global Bull Market Alert portfolio is concentrated on a handful of global stock markets that have been top performers in 2010 — the iShares MSCI Chile Investable Mkt Idx (ECH), the Global X/InterBolsa FTSE Colombia 20 ETF (GXG), the Market Vectors Indonesia ETF (IDX) and iShares MSCI Thailand Investable Market Index Fund (THD). All four of these positions hit record highs this past week. Once emerging markets get going, they can move fast. Thanks to strong fundamentals, you could see strong gains in the remaining five months of the year.
Global Stock Investor Hotline 59
After trading in a narrow range over most of the last two months, global markets finally have broken out to the upside. Last Friday, the MSCI Emerging Markets Index sliced through its 200-day moving average, a level it has been flirting with since the sharp sell-off in May.
Global Bull Get “Thai-d” Up
Based on the principle that it’s “best to strike when the iron is hot,” I wanted to provide you with an additional investment pick this week in this special report for Global Bull Market Alert subscribers.