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Nicholas Vardy

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Today, Aluminum Corp. of China’s (ACH) stock has bounced about 3% and our options are up 50%.

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Our Global Stock Investor portfolio consolidated over the last week as we head into the traditionally quiet summer months. As I noted in last week’s update, global markets also need to digest their strong gains of recent weeks. The biggest danger I see to global markets is contagion from a collapsing Chinese stock market. Efforts by Chinese authorities to cool the nation’s stock market frenzy could begin to have a ripple effect in other markets.

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Our Global Bull Market Alert portfolio was consolidated over last week as we head into the traditionally quiet summer months.

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Global markets continue to be in a remarkably bullish mood. Many commentators are questioning the conventional wisdom of “Sell in May and Go Away.” The last time that advice did not work was back in 2003 when markets went up throughout the summer. I’d still cast my vote with those who suggest that the market will cool down over the summer from its recent strong run. Not to worry, though. Markets will come roaring back toward the end of the year — traditionally the strongest time for global stocks. And with our current portfolio of the “best of the best” picks, you will be well-positioned to profit from it.

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This week’s Global Bull Market Alert pick…

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Greetings from Las Vegas! I am enjoying meeting a lot of you at the Money Show. It’s always a terrific pleasure to discuss some of my ideas with you face-to-face.

America Movil (AMX) is now up almost 15% since our initial recommendation. With its Price Earnings to Growth (PEG) ratio of .53 (anything below “1” is a screaming BUY), it is no wonder that the stock remains the favorite of some of the biggest hedge funds in the world.

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