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Featured Articles: GEMS of the Week
Category: Brazil
The news items published under this category are as follows.
Friday, October 24, 2008
Brazil Post Stock Market Crash Profit Plays / Stock-Markets / Brazil
By: Money_Morning
Martin Hutchinson writes: most other markets, Brazil has been battered by the credit crisis – the BOVESPA index is currently down 28% in October alone and no less than 52% from its peak as recently as May. It now appears to represent excellent value, with a historic Price/Earnings (P/E) ratio of only7.0. Read full article... Read full article...
Thursday, July 24, 2008
Brazils' Stock Market Bubble Has Burst / Stock-Markets / Brazil
By: Mike_Paulenoff
Since its July 15 low, the iShares Brazil ETF (AMEX: EWZ) was up 2.5% through yesterday's close whereas the SPY was up 6.7%. In addition, the pattern carved out by the EWZ has taken the shape of a bearish coil, which warns me to expect another bout of weakness.Read full article... Read full article...
Tuesday, July 08, 2008
Brazil Stock Market ETF Suffers Serious Technical Damage / Stock-Markets / Brazil
By: Mike_Paulenoff
Without a doubt, anything commodity-related is getting hammered today -- moreso if it is tied to oil and grains, like Brazil, which has just discovered a huge oil deposit and is a major grain exporter. Let's notice that today's weakness in the iShares Brazil ETF (AMEX: EWZ) has violated key intermediate-term support at 83.00-82.00, which represent both the August 07-July 08 trendline and the sharply rising 200 DMA. Indeed, serious technical damage has been sustained by the EWZ, which projects next into the 75.40/00 target zone. Read full article... Read full article...
Tuesday, April 15, 2008
New Upleg in Brazil Stock Market ETF / Stock-Markets / Brazil
By: Mike_Paulenoff
In general, the EWZ exhibits a VERY constructive intermediate term chart pattern. All of the price action off of the Jan. low at 64.00 represents the start of a new upleg within the existing longer term bull trend that started in 2002 near 5.00. Furthermore, the decline off of the Feb. 28th high at 88.77 to the March 20 low at 72.11 appears to me to be a completed pullback, and the start of a new upleg that projects to retest 88.00-81.00 on the way to 91.00-93.00. Let's notice how much respect the price structure (investors) have exhibited during tests of the sharply rising 200 DMA. Read full article... Read full article...
Thursday, February 07, 2008
Brazilian Stock Market Headed Higher - MSCI Brazil ETF EWZ / Stock-Markets / Brazil
By: Mike_Paulenoff
While this week's decline in the SPY has given back about 60% of the Jan-Feb advance, let's notice that the decline in the iShares MSCI Brazil ETF (NYSE: EWZ) gave back "only" about 40% of the prior advance. In addition, the form of the decline off of the November high at 87.67 into the 1/23 low at 64.00 has the look of a completed corrective leg. Although all of the action off of the January low could represent the start of a new bull phase, my sense and experience warn me that it probably represents something much less bullish?as in an intervening upleg that separates two bear phases.Read full article... Read full article...
Monday, October 15, 2007
Brazil's Prominent Natural Resource Stocks Are Up 620%, 1,388% and 1,499% ... / Stock-Markets / Brazil
By: Money_and_Markets
Martin Weiss writes: I'm in the interior of Brazil right now, and I don't have to travel too far to see, first-hand, the vast natural resources that are helping to make investors rich.
Brazil's sugar cane industry is soaring, propelled by surging demand for ethanol.
Read full article... Read full article...
Monday, October 15, 2007
Brazilian Agribusiness and Ethanol Update / Commodities / Brazil
By: David_Vaughn
Agribusiness is the main driver of the Brazilian economy accounting for 33% of GDP, 42% of exports, and 37% of all employment.
Agribusiness export revenues for the month of August reached $5.8 billion, representing 13% YoY growth. Sugar sales fell 17.9% in value YoY. Exports dropped 13.6% in value but rose 23.3% in volume.
Read full article... Read full article...
Tuesday, May 22, 2007
The Ballistic Brazilian Bovespa Stock Market Index / Stock-Markets / Brazil
By: Gary_Dorsch
Higher prices for commodities from coffee to soybeans and iron ore to crude oil, have brought new found wealth to Brazil. Since the election of President Lula de Silva in 2003, Brazil has emerged as a major player in global trade, and its currency - the real, has climbed by 70% against the US dollar, with a trade deficit shifting into a massive surplus. The Bovespa index on the Sao Paulo Stock Exchange reached a record high of 52,750 this week, and is up 18.2% so far in 2007.Brazil economic output rose to $1.6 trillion last year, or half of South America's GDP, and making it the ninth largest economy in the world. Brazil occupies half the South American continent, contains half of its population with 200 million, and is the fifth most populous country in the world. However, there are vast disparities in the distribution of the country's land and wealth, and Brazil has the greatest number of people living in poverty in all of Latin America.
Read full article... Read full article...
Tuesday, May 08, 2007
Brazilian Real The Strongest Currency in the World Today / Currencies / Brazil
By: Money_and_Markets
When I first went to Brazil, I was six years old.
A new Chevy cost $1,300.
Gasoline was going for 27 cents a gallon.
Harry Truman was still in the White House.
And my father wanted a second home in the tropics.
Read full article... Read full article...
Wednesday, April 11, 2007
Is it Time to Double Up on Brazil in your BRIC Portfolio? / Stock-Markets / Brazil
By: Michael_K_Dawson
BRIC is becoming a fairly common acronym amongst investors. The term was coined in a research paper by Goldman Sachs in 2003 to describe an economic block composed of Brazil, Russia, India and China. The combination has the potential to be larger than the G6 in US dollar terms by 2050. Since the paper's release, investors have been scrambling for ways to leverage this theme. Last fall, Claymore introduced the first BRIC ETF (EBB).
Before the Claymore ETF, the easiest way to invest into the theme was to use country specific ETFs. In the past, I have used EWZ (Brazil), TRF (Russia), IFN (India) and FXI (China) to capture the trend. An advantage of the country ETF approach is the ability to specify your own weighting for each country versus being locked in to Claymore's weighting.
Read full article... Read full article...
