Nicholas Vardy
A Cash-Plus Investment for a Range-Bound Market
U.S. markets recovered slightly last week with the Dow Jones rising 0.60%, the S&P 500 up 0.67% and the NASDAQ eking out a 0.09% gain. Global stock markets continued to struggle, with the MCSI Emerging Markets Index tumbling 2.12%. Your position in Infoblox (BLOX) gained 3.74%. Your position in Vipshop Holdings Limited (VIPS) stopped out […]
Is the Bull Run in Biotech over?
In a bull market that’s six-plus years old, bull runs in hot sectors become increasingly scarce commodities.
The Summer Doldrums Drone on
Last week was yet another negative one for global stock markets, with the Dow Jones down 1.79%, the S&P 500 falling 1.25% and the NASDAQ tumbling 1.65%. The MCSI Emerging Markets Index also ended the week 2.21% lower. In a bullish sign for the Chinese stock markets, your position in Vipshop Holdings Limited (VIPS) added […]
Entering the Dog Days of Summer
Markets barely budged this past week, as traders across the world took off on their summer holidays. The Dow Jones fell 0.45%, the S&P 500 was unchanged and the NASDAQ was up 0.32%. The MCSI Emerging Markets Index ended the week down 0.27%. The biggest movers in your Alpha Investor Letter portfolio included the Hedged […]
What’s That Got to Do with the Price of a Big Mac in China?
One of the best ways to get your head around relative currency valuations is to look at what the same goods cost in New York, London, Tokyo, Beijing and elsewhere.
Betting on a Bounce in Cybersecurity
U.S. stock markets recovered somewhat last week with the Dow Jones up 0.69%, the S&P 500 rising 1.16% and the NASDAQ recovering 0.78%. The MCSI Emerging Markets Index ended the week 0.16% higher. Your biggest gainer was Halyard Health Inc. (HYH), which added 1.17%. You were also stopped out of Ambarella Inc. (AMBA) for a […]