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Nicholas Vardy

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After breaking through record levels the prior week, global markets came thudding down, clocking their worst week in the last five years. Just one week after hitting 14,000, the Dow Jones industrial average index declined 4.2% over the week — the largest percentage drop since late March in 2003.

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Wall Street pulled back sharply yesterday as the Dow Jones industrials fell more than 200 points. The market’s choppiness also meant that some of our very best picks — Millicom International (MICC), America Movil (AMX) and India’s ICICI Bank (IBN) — went “on sale” after announcing earnings, offering our newer subscribers another (cheaper) bite at the apple of some of my favorite global growth stories.

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At Global Bull Market Alert, we invest in global markets no matter where they may be. That’s why our slogan is: “There is always a bull market somewhere!” This year one of those markets has been Brazil. Our position in the Brazilian ETF (EWZ) has soared more than 18% since June 11.

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It was another strong week for our Global Stock Investor portfolio. Five of our eight holdings hit record highs last week on the back of the strong rally in the markets. I continue to be pleasantly surprised by the market momentum this summer. Let’s enjoy the wave while it lasts.

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Last week was a powerful one for Global Bull Markets. On Friday alone, we took three separate triple-digit percentage gains in a single day!

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Yesterday was the strongest day for U.S. markets in more than four years. Our Global Bull Market Alert portfolio also sparkled, with three of our positions moving into triple-digit percentage gains. Let’s celebrate by taking some well-earned profits.

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