Tag Archives: EWZ
A.M. Look 9/19/13
Stocks.. PBR…16.56 is the 200 day mvg avg and resistance. Closing over this level is needed for more upside. Line this up with the EWZ for resistance and upside follow through. Bonds Bunds… 138.90 is the upside pivot. By maintaining … Continue reading
Equity Indices….Emerging markets
The ones that were beaten up the most are the least risky to buy. Midcap 400 and Russell have room on the upside. Spu’s…are just starting to pick up on a daily and weekly chart.One more day closing around today’s … Continue reading
A.M. Look 8/26/13
Stocks.. JJG…looks to test 47.90. Closing over 48.30 will start another leg up. TBT…78.78 is next fib support. The match it up with the 30 yr. levels. EWZ…sustaining and closing over 43.90 resistance, will lead to further gains. IYT…116.00 is … Continue reading
Midday Missive
Emerging market currencies… The Mexican Peso, Brazilian Real and the Indian Rupee are all extremely oversold. This leads us to their respective Stock etf’s which look to be good candidates for an oversold bounce as well. Pay attention to the … Continue reading
A.M. Look 7/29/13
Stocks.. Line…Linn Energy… Those of you that outright bought the stock should be using a 26.70 stop on close. This has yet to break out to the upside. The daily chart turns up with a good close over 27.60 and … Continue reading
Midday Missive
Spu’s…1682-83 is resistance. A close over 1686 is needed to reverse the pattern. Having said that, all new weakness is needed under 1675 for an attempt lower. CAT…80.85 is the monthly ORL #. There will be resting sell stops below. … Continue reading
Midday Missive…Undervalued Assets
AAPL…this needs above 432 to gain upside momentum. Emerging markets. FXI… (China) a close above 33.65 will start another leg higher. EWZ…(Brazil) investors are bottom fishing here today. This needs to maintain and close over 43.10 for higher. This was … Continue reading
A.M. Look 7/2/13
Stocks.. VNM…needs to maintain above 18.90 and close over 19.15 for higher. FXI…needs a close over 32.90 for bottoming action. EWZ…needs a close over 44.50 for bottoming action. EPI…could get as high as 16.95 Nikkei..14,150 is weekly resistance. 13,900 is … Continue reading
Midday Missive
We’ve put out some charts so you can see that investors are looking at the beaten up names for Alpha. FXI…China needs a close over 38.40 to start looking up and over 38.70 to get me involved. With China firm the Aussie … Continue reading