I will be looking to move out of your emerging market stock market bets over the coming weeks, and to diversify into some commodity and currency plays. So, I am tightening the stops on many of your current positions. As a result, you likely will be stopped out of your relatively weaker positions over the next few weeks.
Also, note that you are set to receive dividend payments on a number of your positions, including iShares MSCI Chile Investable Market Index (ECH), the iShares MSCI Israel Cap Invest Mkt Index (EIS), and Market Vectors Brazil Small-Cap ETF (BRF).
A quick recap on where you stand with your current positions — all of which remain BUYs unless otherwise stated.
Trina Solar Ltd. (TSL) jumped 6.44% last week and is now up 12.47% in the last two weeks. With your March $50 calls up over 65% since then, sell half of your options here to help pay for those Christmas goodies, and tighten your stop to $50.35.
Last week’s Global Bull Market Alert pick, a bet on sugar through the iPath DJ AIG Sugar TR Sub-Idx ETN (SGG), got off to a strong start, jumping 4.1% in its first week in the portfolio. Tighten your stop to $69.50.
India’s ICICI Bank (IBN) jumped 8% as India recovered strongly. Tighten your stop to $34.00. It remains a HOLD.
Your bet on the fast-growing BRICs through the iShares MSCI BRIC Index ETF (BKF) has paid off handsomely in 2009, and your position is currently up 67.67% so far. Tighten your stop to $43.80. It remains a HOLD.
The iShares MSCI Chile Investable Market Index (ECH) paid out an 18.5 cent dividend and is now up 51.45%. Tighten your stop to $52.40.
Mechel (MTL) is back up to the $20 level, jumping 3.7%. It remains a HOLD.
Vimpel-Communications (VIP) was also up, as Russia recovered. Tighten your stop to $18.00
The iShares MSCI Israel Cap Invest Mkt Index (EIS) jumped 3.7%, even as it paid out a 52.1 cent dividend. Raise your stop to $52.30.
Market Vectors Brazil Small-Cap ETF (BRF) rose 3.4% and paid out a 45.1 cent dividend.
SPDR S&P Emerging Markets Small Cap ETF (EWX) hit a year high of $47.17 in Friday’s trading. Raise your stop to $44.90. It remains a HOLD.
Finally, I want to wish you the very happiest of holidays. We had a terrific year in 2009, and I look forward to providing you with many more profitable investment ideas as we move into the New Year.
P.S. With the help of global financial stimulus, a number of global markets have rallied from their lows of 2008, providing investors who were invested in the right markets at the right time with healthy returns. Although the question remains — how do you become one of those investors? For an answer, I encourage you to attend The World MoneyShow in Orlando, February 3-6, 2010, at The Gaylord Palms Hotel and Convention Center, to hear more than 60 leading experts. They will be on hand to provide you with insights and recommendations to help you identify emerging opportunities around the globe. I hope that you will join me there! Visit The World MoneyShow Orlando to register FREE today!
P.P.S. If you want to keep up with my latest insights on developments in fast-paced global markets, you can now follow me on Twitter on @NickVardy.