Brazil’s plunge and what can we learn from it?

This week I would like to write about Brazil and it’s stock market. Most of you are probably aware, that the market opened with a nasty gap down of around -17% on Thursday the 18th of May. I was long EWZ, Brazilian ETF and of course I was down on this position that day. I decided to close my position with no hesitation. Let me write about this position and what can one learn from it.  Continue reading “Brazil’s plunge and what can we learn from it?”

Eurodollars & emerging markets to rip higher?

Mentioned products: ED, SPX, EEM, EWZ, EXY,

This weekly overview I’d like to dedicate to Eurodollar bond futures and emerging markets. Few weeks ago I wrote that bonds could move higher (the opposite is true for rates); at that time I wrote about TLT ETF which is probably one of the most general bond products.  Continue reading “Eurodollars & emerging markets to rip higher?”