Nicholas Vardy
The Global Bull Bets Alongside Alpha Trader George Soros
Overall, your Global Bull Market Alert portfolio had a solid week, with the PowerShares DB Commodity Double Short ETN (DEE) hitting yet another record high and your short position, the iShares MSCI United Kingdom Index (EWU), clocking an 8% gain.
Global Stock Investor Hotline 2
Yesterday’s sell-off on Wall Street dragged the major indexes to within a hair’s breadth of the multiyear lows they touched in November 2008. However, several markets rebounded late in the session as U.S. futures pointed to a modest recovery on Wall Street today.
A Pair of Double-Digit Gainers Last Week — and Taking Profits in Commodities
Last week saw big movers among two of your Global Bull Market Alert holdings.
The Global Bull Bets Against the Bubble in U.S. Bonds
With the collapse of every asset class from stocks to real estate to commodities over the past 18 months, you may be surprised to learn that we are in the midst of one of the greatest financial bubbles in history. The reason it’s hard to spot? This bubble isn’t motivated by greed, but by fear. The flight to safety during the collapse of the stock market in 2008 pushed yields on U.S. government bonds to levels not seen since the Fed began keeping records in 1962.
Global Stock Investor Hotline
Your Global Stock Investor portfolio had a strong week, with two of your positions, PowerShares DB Commodity Double Short ETN (DEE) and the UltraShort Lehman 20+ Treasury ProShares (TBT), hitting record highs of $86.82 and $48.12, respectively.
Currency Bets Paying Off; Global Stocks Remain Range Bound
January started with a bang, but ended with a whimper. After a bullish start during the first five days of January, the Dow Jones industrial average and S&P 500 index ended the month posting record percentage drops — 8.8% and 8.6%, respectively. That’s not a good omen for the rest of the trading year.