Nicholas Vardy
A Fragrant Stock Pick
After a see-saw week, global stock markets closed last Friday on a high note. The Dow Jones rose 1.11%, S&P 500 gained 0.91% and the NASDAQ jumped 2.60%. The MCSI Emerging Markets Index closed its strongest week in a long time, up 3.15%. With the instability in the market working against us, it’s tough to […]
Sifting through the Rubble of the Markets
The past five days marked the worst week in global stock markets going back to August of 2011, when U.S. stock markets dropped by a similar amount. This past week, the Dow Jones was down 10.54%, the S&P 500 tumbled 10.94% and the NASDAQ fell 10.93%. The MCSI Emerging Markets Index pulled back 8.75%. Not […]
Why This May Be the Best Week of the Year to Pile into Stocks
What a week it has been… During the course of the past five sessions, the S&P 500 has corrected by 10%. Yesterday, it suffered its worst day of trading since 2011. And the Shanghai stock market tumbled 19% during the past week, erasing all of its 2015 gains. As someone who manages money for private clients, […]
Holding Your Breath and Looking at Short Opportunities
Last week, U.S. and global stock markets has their worst week since August 2011. The Dow Jones fell 5.82%, the S&P 500 tumbled 5.77% and the NASDAQ dropped 6.78%. The MCSI Emerging Markets Index plummeted 7.82%. You were stopped out of the iShares MSCI Hong Kong (EWH), Avago Technologies Limited (AVGO) and Infoblox (BLOX), each at a loss. […]
Pessimism Abounds as Summer Fades
U.S. markets rebounded slightly last week with the Dow Jones up 0.62%, the S&P 500 rising 0.62% and the NASDAQ gaining 0.45%. The MCSI Emerging Markets Index continued to pull back, dropping 3.75%. Gainers in your Alpha Investor Letter portfolio included Markel Corp. (MKL), up 0.98%, and Allergan plc (AGN), which rose 0.89%. The Guggenheim […]
Profit from the Cable-Cutting Mega Trend
The way in which Americans are consuming media is undergoing a revolution. Early 2015 marked the first time in history that the number of pay-TV subscribers in the United States dropped. During Q2, 566,000 customers “cut the cord” to pay TV, making it the industry’s worst quarter on record. With the exception of Verizon Communications […]