Call toll-free 800.328.1267
[showmodule id=”58959″]
Attention has focused heavily on China, Italy and NAFTA. But suddenly today another part of the world is in play.
The iShares Brazil ETF (EWZ) rallied 6 percent today and has gained 8 percent in the last week. That places it well ahead of the S&P 500 and other emerging markets over the same periods.
Bullish political news is driving the rally, with a poll today showing a 10 point lead for presidential candidate Jair Bolsonaro. That seems to be a sharp swing from last week, when news reports suggested he would lose to leftist candidate Fernando Haddad.
Brazil ETF (EWZ) with daily changes and 50-day moving average.
The election is scheduled for this Sunday, October 7. If neither politician wins a majority (which often happens in Brazil), a second round will be held on October 28. Polls show Bolsonaro and Haddad tied in a potential head-to-head second round.
Here are some of the big symbols to watch when it comes to Brazil:
Money is flowing back into stocks as investors hope for a better inflation report this week. The S&P 500 rose 1.9 percent between Friday, May 3, and Friday, May 10. It was the third straight positive week. More than four-fifths of the index's members advanced,...
Options are an important tool for many retail investors. They can either replace trading shares, or make it easier to position oneself in stocks. Let’s consider the first things options traders need to know. An Option’s Price Is Usually Called ‘Premium’ There are some...
Options are complex instruments that can swing sharply in value. Traders may find the moves confusing, so this article will help explain key "Greeks" -- some of the most important factors impacting the price of options. Greeks are Greek letters used in complicated...