Nicholas Vardy
Taking a Step Back from the Plate
Both developed and emerging stock markets stabilized across the board. In addition, both the Dow Jones Industrial Average and the S&P 500 ended the week up 0.9%. The Nasdaq rose 2%, while the MSCI Emerging Market Index ended the week 4.4% higher.
Locking in 56.25% Gains on Your Bet against the Euro… and “Sweetening” up Your Portfolio, Again
It was yet another tough week for global markets, as both developed and emerging stock markets sold off sharply and across the board.
Global Bull Market Stop Alert
We stopped out of iPath DJ AIG Sugar TR Sub-Idx ETN (SGG) this week for a gain of 7.65%. We also stopped out of Vimpel-Communications (VIP) for a loss. As always, sell any related options that you bought as soon as possible when we stop out of a recommended position.
Global Stock Investor Hotline 40
I currently am on my way to the World Money Show in Orlando. I hope to see you there at my private meeting for subscribers at the Money Show in the Destin room this Friday at 3:30 p.m. You can sign up for it by registering here
Betting on a Bounce, Part 2
Important Reminder: If you’re attending the Money Show this week in Orlando, Fla., Feb. 3-6, you’re invited to a private, subscriber-only meeting with me on Friday, Feb. 5, 3:30 p.m. to 4:30 p.m. But you need to RSVP to reserve a space. For details, see the P.S. below.
Global Stock Investor Hotline 39
What a difference a week makes. Just since Wednesday, global stocks have entered their sharpest decline since the June and October 2009 corrections.