EWZ - Brazil was forgotten and will comeback

2023年4月11日

While China, India, Russia and the Middle East have been very noticed, Brazil has been overlooked. With the discussion of the end of the dollar's hegemony, it may be a good time to look at emerging markets. Despite controversial policies, it is a country without problematic neighbors and with many natural resources. The areas and lines on the chart are support or resistance areas, with confluence in the fibonacci retracement and projection. The next few years look promising for EWZ.

2023年7月6日

註釋

If you compare EWZ (Brazil) with EWW (Mexico) you will notice that EWZ is far behind.

2023年10月25日

註釋

Midcaps seems the way to go in Brazil

2023年10月31日

註釋

Lula's administration is nonsense, but Brazil is still cheap

2023年11月12日

註釋

P/E of IBOV is around 7. P/E of IBOV excluding Petrobras (Oil) and Vale (the largest producer of iron ore and nickel in the world) is around 10. My top 3 brazilian stocks are: BEEF3, RANI3 and SOJA3.

2023年12月7日

註釋

TTEN3, KEPL3 and VITT3 are also interesting. Agriculture is my favorite sector in Brazil.

2024年6月10日

註釋

Time to long Brazil again, maybe the next move will break the resistance (upper white line)