Nicholas Vardy
Global Stock Investor Hotline 29
The skepticism about the market rally remains relentless, even as almost all of your positions in your Global Stock Investor portfolio — including the iShares MSCI Taiwan Index Fund (EWT), Market Vectors Russia ETF (RSX), SPDR S&P Emerging Markets Small Cap (EWX), ICICI Bank Ltd. (IBN), Freeport-McMoRan Copper & Gold Inc. (FCX), iShares MSCI South Korea Index Fund (EWY), SPDR Dow Jones Intl Real Estate (RWX), Claymore/BNY Mellon BRIC ETF (EEB) and the Market Vectors Indonesia ETF (IDX) — hit highs for the year this past week.
Talking Turkey — And Locking in 81% Gains
Global markets continued to power ahead with emerging market stocks now rising an astonishing nine weeks in a row. Almost every one of your Global Bull Market Alert picks was up last week, so I again am adjusting the stops on several of your positions upward. (See below.)
Booking 126.5% Profits in China — and a Bet on India’s Momentum
Global markets had their strongest week since July last week. Every single one of your Global Bull Market Alert picks was up, with a handful soaring by double-digit percentages. Mechel OAO (MTL), Baidu, Inc. (BIDU) and First Trust ISE-Revere Natural Gas (FCG) were up 14.36%, 13.8% and 10.46%, respectively. Almost all of your other picks hit highs for the year. As a result, I am adjusting most of your stops upward. (See below.)
Global Stock Investor Hotline 28
Global markets resumed their upward trend this past week, with most of your positions gaining strongly. The pattern is a familiar one, and is (so far) unfolding as I expected. Every dip in the markets seems to be followed by another even stronger recovery, as investors scramble to re-enter the market.
Betting on a Bevy of Options
Well, it was back to gloom and doom last week, with global markets pulling back sharply across the board.
Global Stock Investor Hotline 27
This past week was one of consolidation for your Global Stock Investor portfolio, with most of your positions pulling back slightly. That said, your bets on Vectors Russia ETF (RSX) and India’s ICICI Bank Ltd. (IBN) ended the week higher, suggesting the appetite for risk among global investors is still strong. Curiously, the Shanghai stock exchange is down 7% this month and is coming off of its worst quarter this year.