Here we have what looks like another expanding top forming with ABC correction. If this plays out, we will look for another bullish candle at a support zone, followed by an open higher. Buys moving up from there could signal an opportunity to join the momentum.
Hello friends. We think that this is a good time to put money into Brazil. The factors that make Brazil appear bullish are the rate cuts, crashing local inflation, and emerging bullish trend in price. We also like that the price has formed what looks like an impulsive wave structure. Our trading plan is to purchase some EWZ at the market open on Monday, and...
This multi-year pattern is critical, and may start coming up but it can also go sideways for a long time. What do you think?
As you can see, the chart shows price have been consolidating with in very narrow range for several years. The price movement were stack in range bound since long time ago. However, the soybean and brazil currency are going to the moon. And that will improve brazil (hodsus brazil) An investment allocation has been made, using 4% of the total portfolio, to...
A break below this key area would have catastrophic results for the Brazilian markets. I would even venture to say for the entire Brazilian economy & political stability. The effects of it will be felt throughout South America. I urge caution!
What does these 2 instruments have in common? Same capital flows? Or just a coincidence?
Long Idea. Since Q4 2022, AMEX:EWZ has been trading below the 200D and has recently seem some breakout gaps to the upside with some relatively high volume. I looked at option flow today (4/13) and 34s and 39s got lit up (seeing volume of 37K for each strike). Now, my first impression was that this could be a short. However, I'm willing to challenge my initial...
Brazil Ishares MSCI ETF (EWZ) 27.01 +0.33 (+1.24%) 03/29/23 27.29 x 8 27.50 x 1 POST-MARKET 27.31 +0.30 (+1.11%) Signal Strength is a long-term EWZ Dividend Information EWZ has a dividend yield of 13.04% and paid $3.52 per share in the past year. The last ex-dividend date was Dec 13, 2022 www.nasdaq.com
Text book multi year triangle pattern has formed. This is one to watch over the next few weeks! I plan to pick some up at $24
EWZ looks to be in an important support and maybe this is the time for it to lead emerging markets higher in an inflationary world.
Someone is betting against Brazil with $EWZ 6/16 22 Puts 28,000x at .47, $1.32mm position. The Brazilian economy has faced several challenges in recent years, including political instability, high inflation rates, a weakening currency, and a slow economic growth rate. Brazil's GDP shrank by 4.1% in 2020 due to the COVID-19 pandemic, and the country is still...
Iron Condor Trade Idea +1 $36 call 3/17 -1 $35 call 3/17 --{share price: $30.59}-- -1 $25 put 3/17 +1 $24 put 3/17 Credit TBD ($20 - $24). Collateral $100. 4:1 risk:reward
Let's continue to observe the social moods in the world. The main news today is the unrest in Brazil: supporters of former President Jair Bolsonaro stormed the Congress, the Supreme Court and the Presidential Palace. They are protesting against the election of Luis Inacio Lula da Silva as president, calling for a coup d'état, the annulment of elections and the...
*EWZ trades in a range with support level at $25,5 *open -P $25 (Jan 20th) at bearish candle *neutral *Credit (0,77$)
New Trade $EWZ Naked Put Strike $26 Premium $0.67 x 3 contract = $200.00
Brazil ET could eventually bottom out at lower wedge trendline @$23 before breaking out.
... for a .95/contract credit. Comments: High IVR/IV at 79/58. .95 credit on buying power effect of 2.52. 37.7% ROC at max, 218.4% annualized; 18.8% at 50% max, 109.2% annualized. Will generally look to take profit at 50% max.
Elections in Brazil have more or less settled down, and so has the initial volatility following results. While there is still some pessimism about President Luiz Inacio Lula da Silva's victory and consequent spending, the economy seems fundamentally strong enough to support it. Expanding the portfolio to foreign countries, iShares MSCI Brazil ETF (EWZ) includes...