Booking 140% Gains in Eight Days in the “McDonald’s Latin America”

Global markets have continued to bounce strongly over the past few days, with the S&P 500 up 8.4% just since Aug. 22.

Arcos Dorados Holdings Inc. Cla (ARCO) has done even better, soaring 15.29% over that same time period.
 
With the stock going parabolic, and with global markets now approaching short-term overbought conditions, I am recommending that you sell ARCO to lock in your gains.
 
I am also recommending that you sell your Arco February 2012 $30 calls to book some quick 140% gains — your 13th double-digit percentage gainer in Bull Market Alert in 2011.
 
I am also recommending that you close out your position in ProShares Ultra S&P500 (SSO) — a position you’ve held since only Aug. 15 — for a quick 5.74% gain as well.
 

 

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world. He was the Editor of The Global Guru, a free weekly e-newsletter, and also edited the trading services Momentum Trader Alert, which focused on making short-term profits in the hottest markets in the world, and The Alpha Algorithm, which was designed specifically to deliver big, fast triple-digit winners, month after month. He was also the editor of Smart Money Masters, a monthly service focused on longer term investments recommended by the brightest minds in the business. Mr. Vardy has been a regular commentator on CNN International and the Fox Business Network. He has also published articles in The New Republic, The World and I, and The Baker & McKenzie Legal Review. The Global Guru/Nicholas Vardy has been cited in The Wall Street Journal, Newsweek, Fox Business News, CBS MarketWatch, Yahoo! Finance, and MSN Money Central. Mr. Vardy graduated from Stanford with a B.A. — with honors and distinction — in both Economics and History, and he also earned an M.A in Modern European Intellectual History. After winning a Fulbright Scholarship, he earned a J.D. degree at Harvard Law School where he was an editor of the Harvard International Law Journal. When not uncovering investment opportunities for his subscribers and investors, Mr. Vardy is a keep-fit enthusiast and an avid student of classical music.  

Recent Posts

Rising Commodity Inflation Will Pressure Fed to Keep Rate Cuts on Hold

Last year’s fourth-quarter’s well-defined downtrend for inflation looks to have bottomed out at just under…

14 hours ago

The Retirement Tax Bomb: How to Defuse It Before It’s Too Late

Picture this: You've diligently saved for retirement your whole career, dutifully contributing to your 401(k),…

20 hours ago

Slow GO: Is a Bear Market and Hard Landing Coming?

“Congratulations on your work. It has been a long slog to get the national accounts…

5 days ago

Broken Wing Butterfly and Butterfly Spread – Option Trading Strategies

The broken wing butterfly and the butterfly spread are two different types of option trading…

5 days ago

Bear Call Spread and Bear Put Spread – Option Trading Strategies

The bear call spread and the bear put spread are option strategies used when an…

5 days ago

When Mises Met MMA

It’s not often that you hear the brilliant Austrian school economist Ludwig von Mises referenced…

5 days ago