"Our latest pick combines two highly profitable asset classes, small caps and emerging markets," says Nicholas Vardy. In The Global Bull Market Alert, he an emerging markets ETF.

"The SPDR S&P Emerging Markets Small Cap ETF (NYSE: EWX) offers you access to small caps in emerging markets that otherwise would be off limits.

"While some of the larger emerging market stocks trade in the United States, these smaller players never will.

"In addition, it's well known that U.S. small caps tend to outperform large caps over the long run. Their small size makes them nimble and quicker to react to changing market conditions.

"Our latest pick is a bet on a low-profile foreign market, Israel, which has turned out to be one of the world's top performers this year," says Nicholas Vardy.

In The Global Bull Market Alert, he explains, We recommend the iShares MSCI Israel Cap Invest Market Index (NYSE: EIS), as I expect the Israeli market to continue to perform well over the next few months."

"Global markets continue to be locked in a trading range, consolidating their gains of the last four months; this kind of see-saw trading is actually quite typical of the summer months, and I expect the range-bound trading to continue.

This post is part of a featured report on stocks in the Chinese online gaming sector.

"We're increasing our bet on Asia through Shanghai-based Chinese gaming company, Shanda Interactive Entertainment Ltd. (NASDAQ: SNDA)," says international stock expert Nick Vardy in The Global Bull Market Alert.

"I expect this small-cap stock to be a solid, risk-return trade, especially if you are willing to endure some volatility.

"First, Shanda operates online games in the People's Republic of China and is a pioneer in the hugely complex role-playing games that people play over the Internet.

This post is part of a 12-article feature on the best bets for investing in China. To see all the other recommendations in this special report, click here.

"While the U.S. markets are rising, Asian stock markets are on fire," says global specialist Nicholas Vardy.

In his The Global Bull Market Alert, he suggests, "Our latest bet is s China play; we are recommending the iShares MSCI Hong Kong Index (NYSE: EWH). Here, he explains why he believes that Hong Kong's stock market is "set to soar over the coming months."

"Resource-rich, politically stable and increasingly prosperous, Chile is an attractive play on commodities and growing wealth in emerging markets," explains Mark Salzinger, editor of The Investor's ETF Report.

Chile is also a favorite investment position of Nicholas Vardy, editor of The Global Bull Market Alert, who notes, "Thanks to its fiscal prudence, its lack of a domestic housing bubble, and its sizeable wealth reserves, Chile has weathered the current global economic meltdown better than most countries."

Here, the two advisors assess the longer-term opportunity in iShares MSCI Chile (NYSE: ECH), an exchange-traded fund.

This post is part of a 12-article feature that can be read here: Today's best income ideas.

"You may be surprised to learn that we are in the midst of one of the greatest financial bubbles in history," explains Nick Vardy, referring to long-term government bonds.

In his Global Bull Market Alert, the advisor suggests, "This bubble isn't motivated by greed, but by fear." Here, he looks at the Rydex Inverse Government Long Bond Strategy Inverse (RYJUX), which he says, has the potential to become "the biggest trade of the year."

"iShares MSCI Emerging Markets (ASE: EEM) is a bet on on a short-term bottom in emerging markets," says international expert Nick Vardy in The Global Bull Market Alert.

"This recommendation is based on the belief that the initiatives of policy makers across the globe will trigger a sustained, short-term bounce between now and the end of the year.

"First, the policy responses to the global economic crisis have been both massive and coordinated. These efforts combined will ease the shortage of dollars that has ravaged emerging markets.

"Second, emerging market equities are as cheap as they have ever been. The benchmark MSCI Emerging Markets index is trading at a P/E in the single digits, down from 18.5 a year ago.

"Bull markets have been few and far between this summer; one of the few sectors that looks to have re-entered a bull trend is biotechnology," says international investing expert Nick Vardy.

In his Global Bull Market Alert, he explains, "The S&P Biotech ETF (ASE: XBI) looks to capitalize on this traditionally highly volatile and boom bust burdened sector." Here's his bullish assessment.

"Why the sudden merger and acquisitions frenzy in biotech? Put simply, 'Big Pharma' is cash-rich but innovation-poor. As patents expire, the traditional pharmaceutical industry is eager to refill its emptying drug pipelines.

"On the one hand, Big Pharma hopes giant acquisitions jump start pharmaceuticals' sputtering innovation machines. On the other hand, existing biotech blockbusters would also hedge against the coming collapse in earnings from drugs that are coming off patent.

"So why buy biotech now? Technically, biotech is one of the few sectors in the market that are in an uptrend. And while the sector has sold off recently, we think it is a good time to get in.

"The best way to profit from the biotech bull is through the S&P Biotech ETF. Unlike some other market cap weighted biotech ETFs which heavily lean toward industry giants Genentech and Amgen, XBI holds about 25 of the top companies across the entire sector.

"Each company is equally weighted between 3-5% of the ETF. With an industry low expense ratio of 0.35%, it is also the bargain of the biotech ETF sector."

Steven Halpern's TheStockAdvisors.com offers a daily look at the latest market commentary and favorite stock picks and investment ideas from the nation's leading financial newsletter advisors.

"Bull markets have been few and far between this summer; one of the few sectors that looks to have re-entered a bull trend is biotechnology," says international investing expert Nick Vardy.

In his Global Bull Market Alert, he explains, "The S&P Biotech ETF (ASE: XBI) looks to capitalize on this traditionally highly volatile and boom bust burdened sector." Here's his bullish assessment.

"Why the sudden merger and acquisitions frenzy in biotech? Put simply, 'Big Pharma' is cash-rich but innovation-poor.

"As patents on huge profit generators such as Pfizer's Lipitor expire, the traditional pharmaceutical industry is eager to refill its emptying drug pipelines.

"On the one hand, Big Pharma hopes giant acquisitions jump start pharmaceuticals' sputtering innovation machines. On the other hand, existing biotech blockbusters would also hedge against the coming collapse in earnings from drugs that are coming off patent.

"While most funds have been dumping stocks in India's sliding market, billionaire global investor George Soros has turned contrarian on India," says international expert Nick Vardy who now suggests "bottom fishing" in India.

In his Global Bull Market Alert, he explains, "One of the best ways to follow in his footsteps are by purchasing the WisdomTree India Earnings ETF (NYSE: EPI)."

"According to the Times of India, the Hungarian born Soros -- who since last August is again actively managing his famed Quantum fund -- recently went on a buying spree in India making investments valued at $140 million in a wide range of Indian companies.

"In many ways, Soros' call is a vintage contrarian bet. India has been one of the worst performers in the global markets this year.

"Institutional investors have pulled out more than $7 billion from Indian equities as the BSE Sensex crashed 7,400 points, or 35%, from its peak of 20,873 back on Jan. 8 amid concerns over a weak global markets, soaring global oil prices and spiraling inflation in India.

"Brokerages and investment banks are uniformly gloomy about India. Inflation has accelerated to just under 12%, a 13-year high. Industrial output in May 2008 rose 3.8%, the slowest in six years. Manufacturing growth slowed to 3.9% in May, while capital goods output growth slowed to 2.5% vs. a robust 22.4% last year.

"In a year wracked by economic uncertainty and stumbling global stock markets, Russia has been an unlikely standout performer," explains global investment expert Nick Vardy.

In his Global Bull Market Alert, the advisor asserts, "The Market Vectors Russia ETF (NYSE: RSX), is a bet that Russia's buoyant stock market performance this year is set to continue."

"Even as China is now down by more than 50%, bad boy Russia's performance has been second only to Brazil this year and it actually has outperformed its BRIC rival by a hair during the past three months.

"Despite Russia's reputation as a country rife with corruption, scant respect for genuine democracy and the Rule of Law, it's always hard to argue with success.

"Scan the Russian press, and it quickly becomes apparent that the contrast between the collective economic mood of Russia and the United States couldn't be sharper. While U.S. drivers cringe at $4 per gallon gas, Russia celebrates high oil prices as the source of its newfound wealth.

"To add insult to injury, the most recent Forbes 400 list confirms that Moscow now boasts more billionaires than New York City.

"Profits from coal may be even bigger than from gold, which is viewed as coal's more glamorous and higher profile rival," notes Nick Vardy.

The editor of The Global Bull Market Alert explains, "The Market Vectors Coal ETF (NYSE: KOL) enables you to buy a basket of 39 coal-related companies from 12 different countries." Here's his overwiew of the exchange-traded fund.

"Despite its status as the most 'environmentally incorrect' source of energy, coal provides 25% of the world's energy and generates about half of the electricity in every state in the United States, except California.

"Coal plays a key role in the production of steel, with approximately 70% of the global steel production depending on coal as a source of energy. And the price of coal has been soaring to record levels.

"Atwood Oceanics Inc. (NYSE: ATW) is our bet on the exploding demand for offshore oil drilling rigs," says international investment expert Nick Vardy.

The editor of Global Bull Market Alert explains, "Although it's had a big run recently, the stock is as technically oversold as it was when global markets bottomed in mid-March." Here, he outlines why he believe the stock will perform strongly in the coming months.

"Atwood Oceanics Inc. engages in the offshore drilling of oil and gas wells worldwide. It operates eight offshore mobile drilling units located in six regions of the world, including offshore Southeast Asia, Africa, India, Australia, the Black Sea, and the Gulf of Mexico.

"Atwood is a leveraged play on the price of oil. Oil prices have now blown past the original estimates of major investment banks. Commodities guru Jim Rogers recently predicted that oil will soon hit $200.

"Amid record high oil prices and dwindling supplies on land, the Shells, Exxons and BPs of the world are having to venture into ever harsher and more remote environments offshore to replenish their oil reserves. That puts offshore oil drillers like Atwood Oceanics in the catbird seat.

Two leading global experts have both turned bullish on France's Veolia Environnement (NYSE: VE). Vivian Lewis, in her Global Investing, notes, "Veolia is the way to play the 'water works square' on the monopoly board."

Nicholas Vardy, editor of Global Stock Investor suggests, "The smart money is betting that water may be the 'oil of the 21st century.' And Veolia is my number one way to profit from this global megatrend."

Vivan Lewis says, "We recommend buying French water and sewage conglomerate Veolia at current prices; the stock has been brought down by niggling Euro-concern about its levels of debt. The company is also being penalized for acquisitions.

"Veolia is the former Générale des Eaux, a municipal service firm. This history creates an image problem for VE which is seen as a utility.

"Our main reason for the buy, apart from price, is that this is a fast growing company with good earnings in a hot sector. In 2007, VE had revneues of euros 32.6 bn, up 14% on which its recurring net profit fost 22.5% to euros 933.2 mn. Earnings per share were euros 2.16, up 13.7%.

"Another reason for liking VE is that it is moving into China big-time, with waterworks in Tianshin and Shibai and environmental service in Juijiang. All in all, France still represents 44% of sales and the rest of Europe 36%. VE does about 10% of its business in the U.S. and the Chinese are part of the remainder.

Based in London, Nick Vardy is among the leading international stock experts. The editor of The Global Bull Market Alert has created a package of stocks called the "Ultimate Defensive Global Bull Market Alert" Portfolio -- using ETFs to go short on China and the British pound while simultaneously going long on agriculture and the yen.

"UltraShort FTSE/Xinhua China 25 ProShares (ASE: FXP) has been a hero during market weakness. While the market's current focus is on the exposure of Chinese banks to U.S. subprime loans, the real issue in Chinese banks is their own bad loans to state-owned enterprises. China has a long way to fall.

"Short the CurrencyShares British Pound Sterling Trust (NYSE: FXB). With the U.K.'s fundamentals perhaps weaker than the United States, the U.K. currency should continue to weaken over the coming months.

"PowerShares DB Agriculture (NYSE: DBA) invests in some of the most liquid and widely traded agricultural commodities, corn, wheat, soy beans and sugar.

"Buy the Currency Shares Japanese Yen Trust (NYSE: FXY). The yen zigs when the rest of the market zags. A position in the Yen won't knock your socks off in terms of performance. But it will hold up well in times of turmoil and appreciate steadily as the 'carry trade' unwinds.

"A word of warning: This is a 'defensive' global portfolio that will hold up the best during periods of negative market sentiment. But understand that this is also the part of the portfolio that will underperform -- perhaps significantly -- on any 'relief rally' in the markets."

Each day, Steven Halpern's TheStockAdvisors.com offers the latest market commentary and favorite investment ideas from the nation's leading financial newsletter advisors.