Nicholas Vardy
GLOBAL STOCK INVESTOR HOTLINE UPDATE 66
Your Global Stock Investor portfolio had a solid week, with three of your holdings: Potash (POT), Arcelor Mittal (MT) and the Rogers International Commodity ETN (RJI) hitting record highs. Potash has more than doubled, up 101%, since we recommended it in October.
Taking a Breather with the Global Bull… And Tightening Your Stops
After a solid four trading days, global markets ended last week on a distinctively sour note. Both the S&P 500 and the Dow plunged 3.1%, with the Nasdaq and NYSE indexes not far behind. The S&P 500’s loss was the biggest since Feb. 5 and the Dow’s drop was the biggest since February 27, 2007.
Chile is Getting Really Spicy — Global Bull Market Special Alert
Chile is getting really spicy, so we’re locking in triple-digit percentage gains in your Latin American cell phone play.
GLOBAL STOCK INVESTOR HOTLINE UPDATE 65
Your Global Stock Investor portfolio had a mixed week. Potash (POT) had a strong run, hitting near record highs, and now is up 93.04% since October. ArcelorMittal (MT) received an upgrade, as did iShares MSCI Brazil Index (EWZ), while the weakening oil and commodities prices hit Sasol (SSL), Transocean (RIG) and the Elements Rogers International Commodity ETN (RJI). Look for your dividend payment from Millicom international (MICC) on June 9. All of your other positions, except for Barrick Gold (ABX), remain BUYs.
Adding a Dash of Chile to the Global Bull Market Alert Portfolio
Natural resources has been the sector of choice to make money in 2008. This week’s Global Bull Market Alert pick capitalizes on this trend through Sociedad Quimica y Minera de Chile S.A. (‘Chemical & Mining Company of Chile’) (SQM), the world’s largest producer of potassium nitrate, iodine, and lithium carbonate.
GLOBAL STOCK INVESTOR HOTLINE UPDATE 64
Your Global Stock Investor portfolio corrected this past week, as the major U.S. averages had their worst week since late February. But with news from the U.S. economy improving, the government likely revising upward GDP growth from 0.6% to around 0.9% on Thursday, market sentiment will likely strengthen, driving both U.S. and global stocks ahead as we move into the summer.