theobannion

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  • Global Market Performance: Nowhere to Hide
    Dear Hue101,

    Your EWZ has a good chance of bouncing here, as it just tagged its 200 day moving average. Target might be the fifty day MA, about 10 pints up. Then probably down again. Big inflation in Brazil & rest of SA, with increasing interest rates - never propitious for stocks. EWZ has also been underperforming the DJ Wilshire 5000 since late may.

    Best,
    Seamus O'Bannion.
    Jul 06 11:51 am |Rating: 0 0 |Link to Comment |View article

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