Nicholas Vardy
The Remarkable Investing Power of ‘Creative Destruction’
Global investing guru Nicholas Vardy takes a look at modern application of ‘creative destruction,’ an economic concept devised by Austrian-American economist Joseph Schumpeter.
Celebrating a Pair of Solid Gains as the Market Consolidates
The Dow Jones ended the holiday-shortened week down 0.49%, the S&P 500 fell 0.67% and the NASDAQ dropped 0.46%. The MCSI Emerging Markets Index tumbled 1.94%. You were stopped out of your position in Kinder Morgan (KMI) at $18.20 for a 17% gain. You were also stopped out of your position in Phillips 66 (PSX) at $87.00 for […]
The Alpha Algorithm Throws Out a Familiar Name
Apple, Inc. (AAPL) of Cupertino, California, designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players to consumers, small and mid-sized businesses and enterprise and government customers worldwide. It is the largest company in the world based on market capitalization. AAPL versus the S&P 500 over the past month. While […]
Mr. Market Turns Greedy
It was yet another positive week for markets, with the Dow Jones up 1.92%, the S&P 500 gaining 1.68% and the NASDAQ jumping 1.97%. The MCSI Emerging Markets Index also rebounded 4.77%. Big gainers in your Alpha Investor Letter portfolio included KraneShares CSI China Internet ETF (KWEB), which added 5.76%, PayPal Holdings (PYPL), which gained […]
Explaining Market Swings with Behavioral Finance
Modern financial thinking often cannot grasp why the market moves as it does. As Nicholas Vardy explains, the answer is actually found in man’s nature.
Looking to Our Watch List for Our Next Moves
It was the fifth consecutive week of gains in the market, with the Dow Jones up 2.26%, S&P 500 rising 1.35% and the NASDAQ gaining 0.99%. The MCSI Emerging Markets Index ended the week 2.68% higher. What a difference five weeks make. After tumbling to as low as 1,810 on Feb. 11, the S&P 500 […]