Nicholas Vardy
Betting on a Bounce in Greece, Part 2; Locking in 27.5% gains on the Euro
This week’s Global Bull Market Alert pick revisits the National Bank of Greece (NBG), a stock that I recommended just over a month ago. Recall that you were stopped out of NBG on Feb. 8 right at the market bottom. That’s a shame, as NBG has climbed on back to a level just above where I had originally recommended it.
Global Stock Investor Hotline 43
The choppiness in global markets continues — although the jump in risk aversion from January’s sharp sell-off has settled. All of your stock positions in the portfolio had a strong week, jumping between 1.48% and 5.9% over the last five trading days. Your watch list positions in VALE S.A. (VALE), Arcelor Mittal (MT) and the iShares MSCI Taiwan Index (EWT), all rose this past week as well.
Betting on a Bounce in Chile
As you may have heard, the Latin American nation of Chile was hit by a magnitude 8.8 earthquake over the weekend, the fifth-strongest ever measured in the country.
Global Stock Investor Hotline 42
Choppy, choppy, choppy are the best words that I can think of to characterize recent trading in global stock markets.
The Global Bull Bets on a Chinese Hidden Gem
With global stock markets rebounding from their sharp sell-off over the past few weeks, it’s now time to dip our toes back into global stock markets.
Global Stock Investor Hotline 41
Since the markets hit 15-month highs on Jan. 19, we experienced the sharpest and most sudden pullback in global markets since they bottomed in March. But over the past three trading days, the broad-based indices — notably the MSCI Emerging Markets Index — bounced off of their 200-day moving average. This indicates that the long-term upward trend in emerging markets is technically intact.