Booking 66.08% and 65.25% Gains, with a Special Note on Bank of Ireland

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world.

Markets continued their recent upward trend, with both the Dow and S&P 500 closing at record highs on Friday. The Dow Jones was up 0.67%, the S&P 500 climbed 0.63% and the NASDAQ rose 1.27%. The MCSI Emerging Markets Index was unchanged for the week.


It was a much better week for all of your positions in your Bull Market Alert portfolio.

Big gainers included the Rubicon Project, Inc. (RUBI), which jumped 8.96%; the ProShares Ultra Nasdaq Biotechnology ETF (BIB), which added 8.21%; Palo Alto Networks, Inc. (PANW), which gained 4.69%, and MasterCard (MA), which rose 4.19%.

ProShares Ultra Nasdaq Biotechnology ETF (BIB), Palo Alto Networks, Inc. (PANW), MasterCard (MA) and the WisdomTree Europe Hedged Equity Fund (HEDJ) all hit new 52-week highs.


With your MasterCard April $85 call options (MA150417C00085000) up 65.25%, sell half of your options today to lock in these gains. Also sell half of your Palo Alto Networks March $130 call options (PANW150320C00130000) for a 66.08% gain.

With market sentiment now turning to “extreme greed” in the CNN Fear and Greed Index, I am holding off on making a new Bull Market Alert recommendation this week.

Note, however, that I am raising your stops in in both the ProShares Ultra Nasdaq Biotechnology ETF (BIB) and Palo Alto Networks, Inc. (PANW) to lock in 25% and 10% gains, respectively. See Portfolio Update below.

Special Note on Bank of Ireland

The ticker symbol for Bank of Ireland changed this past week from IRE to IREBY.

Exclusive  Go Ahead, Ask Me Anything

Note that according to the press release by the American Depository Receipt (ADR) sponsor Bank of New York, the Bank of Ireland ADR is scheduled to be wound up on April 22.

At that time, the stock will be sold and you would receive the proceeds from the sale, unless you elect to have them converted into local shares.

Since the stock is still trading OTC, and with European stocks rallying in general, I am recommending that you still hold on to the stock for now.

I do expect to be recommending that we sell the stock prior to the April 22 deadline, after which we will no longer follow the stock in Bull Market Alert.

Portfolio Update

ProShares Ultra Nasdaq Biotechnology ETF (BIB) added another 8.21% during the shortened holiday week. BIB rose for a second week in a row, pushing up past previous highs and its major resistance level to hit a new 52-week high. The “big correction” in the biotech bull run bottomed just under one year ago as BIB sunk to a $61 low. Now hitting new highs at the $153 price level, this “ultra” biotech fund is up an astounding 151% since then. BIB is a BUY. Raise your stop to $142.85 to lock in at least a 25% gain.

Palo Alto Networks, Inc. (PANW) gained 4.69% last week to hit a new 52-week high. Much like the biotech sector, cybersecurity has enjoyed a long-standing bull run of its own. Faced with potentially huge losses from all kinds of “hack attacks,” companies are ramping up security efforts and pushing stocks like PANW to all-time highs. PANW is up 10.32% in the last month, 28.49% in the previous three months and 91.81% for the past year. PANW will report earnings on March 2, after markets close. PANW is a BUY. Raise your stop to $139.89 to lock in at least a 10% gain.

Exclusive  The Secret to a 96% Win Rate

Halyard Health Inc. (HYH) rose 3.66%. Although news of the terrible struggle with the Ebola epidemic may have fallen off the media’s radar, the battle rages on in several parts of the world, and Halyard Health is still a player in the fight. HYH bounced off its 50-day MA last week and recorded gains every day since. HYH will report earnings on March 4, before markets open. HYH is a BUY.

The Rubicon Project, Inc. (RUBI) jumped 8.96%. RUBI pushed above its $17-a-share resistance level last week, a level set way back in late 2014, as buyers continued adding shares going into the company’s earnings report. RUBI will report earnings this Tuesday, after markets close. RUBI is a BUY.

MasterCard (MA) rose 4.19%, hit a new 52-week high and also broke above a major resistance level set back in late 2014. Apple Pay is a big push in the race to mobile payments, and companies like MasterCard reap the benefits due to their central positioning. Google I/O, Google’s big annual conference, is coming up in May and Google appears to be ramping up its own Apple Pay-like efforts for Google Wallet. And unlike Apple, Google is willing to make it worthwhile for payment networks such as MasterCard to help their platform float to the top — a move that could further drive payment processors higher. MA is a BUY.

JA Solar Holdings Co. Ltd. (JASO) lost 2.92% for its opening week in your portfolio. Nevertheless, the story behind JASO’s solar successes is a compelling bet for the future. JASO is a BUY.

Exclusive  Fresh Tailwinds for High-Yield Bonds in 2024

Latest Special Report

As a courtesy, I want to bring to your attention the newest version of The Top 12 Stocks for 2015, which features three of my top investment recommendations, as well as bonus picks from each of my fellow investment newsletter editors at Eagle. This report and others are available FREE on my website to you.

NEW FEATURE — Receive your alerts via text! You now can receive a text message on your cell phone to inform you whenever a trading alert is sent. To add this free new benefit to your service, please send an email to with the following information and mention in the email that you want your cell phone added to your account:

  • Your Name
  • Your Zip Code
  • Your Email Address
  • Your Cell Phone number

Please note that we can only deliver text messages to cell phones with U.S. or Canadian numbers. Standard text messaging rates from your provider apply.

Nicholas Vardy

share on:

Like This Article?
Now Get Our FREE Special Report:
Alternative Investing: Investing in Timber

Stock Investor editor Paul Dykewicz reveals why investing in timber may be one of the best long-term portfolio strategies you'll find today.

Get Access to the Report, 100% FREE

share on:


Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income PRO (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Options Alert
  • Hi-Tech Trader

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • High Velocity Options
  • Intelligence Report
  • Bullseye Stock Trader
  • Eagle Eye Opener

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Stock of the Week
  • Technical Traders Alert
  • Rapid Profits Stock Trader

Used by financial advisors and individual investors all over the world, is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor

George Gilder

George Gilder is the most knowledgeable man in America when it comes to the future of technology and its impact on our lives.  He’s an established investor, bestselling author, and economist with an uncanny ability to foresee how new breakthroughs will play out, years in advance.

Product Details

  • Technology Report
  • Technology Report PRO
  • Moonshots
  • Private Reserve
  • Millionaire Circle


DayTradeSPY was founded by head trader Hugh Grossman, a retired internal auditor for a Fortune 500 company. After years of first-hand experience trying out one trading strategy after another, Hugh instead developed his own trading system centered around day trading SPY options. That’s it... Nothing else.

Product Details

  • Trading Room
  • Pick of the Day
  • Inner Circle
  • Online Workshops