iShares MSCI Brazil Index (EWZ)

All Comments on EWZ

  • commenter
    Jul 09 04:55 AM
    Wednesday Outlook: Bulls Storm In [view article]
    When you hear that kind of argumentation, you understand why the market is so inefficient.... Don t dream Gabe... Staglation fear is spreading... look at the different CPIs, PPIs in all the different economies. High oil prices doesn t come from speculation, you ve got structural issues now, supply issues more than demand issues. Accordingly, it will weigh on costs.... And the main problem is cost inflation that will accelerate inevitably. It means that central banks will raise rates now. China is not anymore a safe haven as well. Finally, if you look at the earnings growth estimates for this year (excluding financials), you still have 14% growth ! How could you believe it is sustainable?... So the street has to revise down.
    If you look at technicals, that s not good as well. All the rebounds are weak and driven by short covering, but mutual funds are not ready to buy this market in this context because there is no catalysts...
    Reply
  • commenter
    Jul 09 01:33 AM
    My Website
    Wednesday Outlook: Bulls Storm In [view article]
    Today (July 8, 2008)’s Last Two Hours’ Rally

    What a prudent trader looks for are extreme values before putting in his trades. But the market does not always oblige by steadily heading towards those extreme values, positive or negative.

    The readings in SPY and QQQQ were mildly positive as of yesterday, July 7, 2008. It would have been better if there were no rally during the last two hours today, if a stronger, more sustainable rally is to become more likely.

    As it is, we now have a premature rally, that began during the last two hours of today’s trading. This also means that the movement will likely be limited before a re-test of the recent low ensues.



    Reply
  • commenter
    Jul 09 01:16 AM
    Wednesday Outlook: Bulls Storm In [view article]
    Gabe, you are crazy. How would an implosion in Europe and emerging markets signal record rally? This market is still going lower, it's a good oppertunity to add to your SDS, DXD ect...Love the charts, this is the best thing on this site. Reply
  • commenter
    Jul 09 12:54 AM
    My Website
    Wednesday Outlook: Bulls Storm In [view article]
    This is only the beginnig of the unprecedented rally.The recession that most of the experts are referring to ,statistically does not exist(two consecutive quarterly declines in the GDP).
    Market "Bears " will have to adjust their positions(short)to reflect the true state of economy(deceleration),... a wishfull thinking(recession).
    Short covering is only a partial argument for the stock market rally.
    The ultimate "engine" responsible for the record equity rally will be the Great Economic European and Emerging market implosion,driven by the high rates and the record leverage in these geographic/economic areas.The flight to quality(dollar) that will follow ,will overwhelm the "shorts" and the experts.
    Reply
  • commenter
    Jul 08 09:29 PM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    great as usual and much appreciated. Reply
  • commenter
    Jul 08 08:29 PM
    International ETF Update: Single Country ETFs, Latin America, Poland, and China-Taiwan Relations [view article]
    FXI doesn't fully represent China but only the H share and Red Chip companies. Reply
  • commenter
    Jul 08 02:52 PM
    My Website
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    Hi Dave, You often talk about "da boyz" and how they manipulate the market. Being somewhat naive about this, would you explain sometime what they got out of doing that. Do they, for example, pump the market up and then sell immediately? Does that work? Or are they trying to change the overall longer term direction? Does that work? I don't see how either one of these is really worth doing.

    Thanks.

    -- Russ
    Reply
  • commenter
    Jul 08 01:33 PM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    seems to me there's a lotta bears in the audience today.

    prolly means a run-up to quicken their heartbeats.
    Reply
  • commenter
    Jul 08 12:00 PM
    Global Market Performance: Nowhere to Hide [view article]
    Dear Gentlemen, when I see all this discussion about market, value, correction, bottom, peak, etc I am sad to see the most important word of all - that is "citeras paribus".

    I was thought that the words mean - "everything else being equal".
    I was told that all economic theories are based on "citeras paribus".

    That got me to panic and travel all around the world to see any country where economy was run based on that principle.
    Well guess what? Every country has hidden and sometimes not so hidden regulations to ensure that the economy is always "growing".

    No country, including the USA has a free market.
    Because of this manipulation of market, growth sometimes is artificially boosted. Look at the so called "Tiger" economies of South East Asia. These countries were artificially boosting their economy using borrowed money.

    USA has done the same for the last decade by issuing Bank Securities as collateral. The scheme went too far including creating non-existing high priced housing market to attract foreign money into USA.

    All this borrowing and artificially increased house value boosted the consumer economy.

    Now the time is for all this to collapse as it has happened before in all other countries.

    The bottom is yet to come. Because everyone who can afford is still holding on to their positions. The only way American Stock market can improve is to allow foreign takeover of American corporations.

    But the US Government will not allow it.

    This is exactly what happened in Korea with its Chaebols and Indonesian Conglomerates who refused to give up their ill gotten assets. Korea managed to destroy the power of Chaebols and recover its country. Indonesian could not.

    Which model will play out in USA is yet to be seen. Till then don;t bet my friends.
    Reply
  • commenter
    Jul 08 09:20 AM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    Roo Rah for the PPT! If those guys would get out of the way, we could have a good flush and get this this crap over. If they had stayed out of it in 98, we would never have never gotten on this boat in the first place. Looks like we are in for crashus interuptus, a relief rally, and then the final plunge into Davey Jones locker. Oh well, I needed better point to set some shorts. Reply
  • commenter
    Jul 08 08:53 AM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    hmm. gold went up due to a weaker dollar in the first place. why doesn't the fed contract the money supply?

    one problem ~ oil supply. I believe can be temporary...fuel from algae DOES look realistic and promising in the near term.

    the other problem ~ i remember gold at 300...if the fed did contract the money supply that price would come back, or something near it. And contract the money supply is what the Fed did after the 1929 crash...if any meaty connection can be made i'm not sure.

    they've been crashing the dollar to usher in the Amero. possibly.

    Until we get abundant energy, we can count on destabilized markets. And our screwed up currency doesn't help...and if the nations of earth get tired of paying for their oil with dollars, we could have another problem...

    Thanks Fry ~ always insightful
    Reply
  • commenter
    Jul 08 08:16 AM
    My Website
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    The fed and central banks have been holding gold down as a last resort to fake us into believing the world is not in panic mode.
    Believe them at your own risk...
    I (and others) will buy GLD this morning at levels not seen yet, and Gold will rise in the next few weeks at rates so fast that there will be no stopping it. We have waited as we watched the heavy hand of market manipulation hold the top on the top down on a pressure cooker...
    I believe it is as low as it will ever be in our lifetime (+/-3.00 intraday the next two volatile weeks). Buy now or cry later.
    Reply
  • commenter
    Jul 08 07:42 AM
    My Website
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    Some say gold to 1,600. GLD is one to watch. Reply
  • commenter
    Jul 08 07:36 AM
    My Website
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    The market looks weak. I do not see any news that will spawn a real sustainable move up. The S&P 500 is going to 1000. Reply
  • commenter
    Jul 07 11:58 PM
    Beware of Crumbling BRICs [view article]
    Brazilian inflation has been mostly due to international pressure of comodities. however it's central bank has been responsible enough, differently from the FED, to start working on the inflacionary pressures early. The main world economy central banks should act in syncrony to combat inflation...Europe seems to be posed to do its share in cutting inflation, Brazil has already been doing that since long what about the (irresponsible )FED? I guess there is another countries at even greater risks, considering its "down-the-bottom&... weak currency. Reply

Trading Center