Nicholas Vardy
GLOBAL STOCK INVESTOR HOTLINE UPDATE 32
Our Global Stock Investor defied my expectations of a pullback — with both Anglo American Corp. (AAUK), ABB Ltd. (ABB) and the iShares MSCI Brazil Index (EWZ) all hitting or returning to record highs. Cell phone play Millicom International (MICC) also jumped more than 8% during the week.
Consolidating The Global Bull
After hitting record highs on Monday, global markets paused for a breath last week. Overall, our Global Bull Market Alert portfolio is well positioned to take advantage of further gains over the next couple of months. Our portfolio is broadly diversified over a number of very strong global investment themes: global steel stocks (PKX); the commodities boom (BHP); momentum in Chinese markets (EWD); global shipping (DRYS); uranium (CCJ); Central Europe & Russia (CEDC, VIP), as well as a handful of others.
GLOBAL STOCK INVESTOR HOTLINE UPDATE 31
It was another strong week for most of our Global Stock Investor portfolio holdings — with Anglo American (AAUK), ArcelorMittal (MT), America Movil (AMX), the iShares MSCI Brazil Index (EWZ), ICICI Bank (IBN) and Tesco (TSCDY) all hitting record highs.
A China Play To Launch A Strong Q4
Today marks the first day of what traditionally has been the strongest quarter in global markets. Stock markets have gone up during the fourth quarter for each of the last nine years, and 24 out of the last 27 Q4s. This remarkable run, combined with the recent Fed rate cuts, makes this the time of the year to really step on the gas. And there are few better ways to play the liquidity and momentum of global markets than with this week’s Global Bull Market Alert pick, the iShares MSCI Hong Kong Index (EWH).
GLOBAL STOCK INVESTOR HOTLINE UPDATE 30
It was a terrific week for most of our Global Stock Investor portfolio with several of our holdings — including steel giant Arcelor Mittal (MT) and global mining play Anglo American (AAUK) — hitting record highs.
Bernanke’s Gift To The Global Bull
Global Bull Markets could not have asked for a bigger gift from Fed Chairman Ben Bernanke. The jury on the impact of the Fed’s rate-cutting decision on inflation and creating “moral hazard” in the credit markets is still out. But from a trading perspective, it has turbocharged what I have been predicting will be a strong Q4 rally in global markets. That’s not to say the ride won’t get bumpy — and we do have some bumpy stocks in our current portfolio. But I predict that 2007 will end with a bang and not a whimper.