U.S. markets were mixed last week. The S&P 500 edged up 0.1%, while the Dow lost 0.4%. Both indexes were fighting back from sizable losses suffered earlier in the week. Your Bull Market Alert portfolio was broadly flat, as well, though you were stopped out of your positions in Stratasys, Inc. (SSYS) and SPDR S&P BRIC 40 (BIK) for slight losses. In fact, they were your first losses of the year. Otherwise, six of your current Bull Market Alert recommendations are showing double-digit percentage gains, with Alexion Pharmaceuticals (ALXN), Melco Crown (MPEL) and AmBev (ABV) ahead 25.92%, 22.48% and 21.37%, respectively.
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As expected, this past week was a slow one in terms of fresh domestic economic data, amid rising concerns about slowing global growth, as well as growing tensions between Iran and Israel. Those worries and the potential impact on global oil and gas prices caused the S&P 500 to register its first meaningful one-day drop of 2012. While the market has rebounded, aided this morning by what pundits may describe as better-than-expected numbers from the U.S. Bureau of Labor Statistics’ February s
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