Categories: Stock Market NewsVIP Alliance Hotlines

VIP Alliance Weekly Update

1. Conservative Recommendation

The Home Depot, Inc. (HD)

The Home Depot, a holding in Alpha Algorithm, has rallied strongly along with the rest of the housing sector in recent weeks. Housing stocks are trading at levels not seen since 2006.

Hurricane damage from the trio of recent hurricanes — Harvey, Irma and Maria — is good news for companies like Home Depot. Damage from the first two storms may hit $200 billion. Many homes, buildings and industrial complexes will need to be rebuilt in the aftermath. That means everything from drywall to plywood to hammers and nails will be in high demand in the areas that were hit hardest.

Technically, Home Depot is in a strong uptrend and scores 100% on my short-, medium- and long-term technical indicators.

2. Aggressive Recommendation

Navigator Holdings (NVGS)

This is a current recommendation in my monthly Smart Money Masters serivce. It is the top holding of current Commerce Secretary Wilbur Ross.

Navigator Holdings has been a very volatile stock, and one that has been hard to hold. The stock today is trading at the same level I recommended it at back in February. That said, the stock has been in a pretty steady uptrend since late May. As this is a “private equity” style holding, you can expect a lot of continued volatility in this position. Ross himself sees the stock rallying up to $30 before he’ll take profits. It will, however, be an unsteady ride.

From a technical standpoint, Navigator Holdings now scores 100% on all technical indicators I follow for my short-term Momentum Trader Alert service.

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Sincerely,

Nicholas A. Vardy

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.