Category: EWZ

  • EWZ Entry Strategy

    One of my favorite buy the dip plays, EWZ (Brazilian ETF), has pulled back to the 50 day moving average. There are two ways I am looking to enter this stock. I’m going to make a very small buy now, right around the support area, with a stop around $59-60.…

  • Trades: EWZ and JOYG

    I am posting yesterday’s trades a day late due to computer problems. I bought 500 shares of JOYG at 62.04. As I noted on Monday, I was looking for a breakout with better than average volume above $62. I bought 500 shares of EWZ at $64.25. For quite some time,…

  • Today’s Trade: EWZ

    I took a small nible in EWZ at the close yesterday, with a 300 share position $60.35. I’ve placed a mental stop just under $60, with an initial target at the recent all time high, around $63. I’ll look to add more if it can break into new high territory.…

  • Today’s Trades: GROW, MVIS, QID, EWZ, HOKU

    I sold 600 shares of EWZ at $51.80 (entry at $50.43) for an $822 gain (+2.7%). I suspect that it will retest support at $50, which could provide another entry. I sold 1000 shares of HOKU at $6.44 (entry at $6.11) for a $660 gain (+5.4%). There is not enough…

  • Today’s Trades: EWZ, FCEL, GES, HOC, SBGI, PDE

    I took profits from my 500 share position in HOC at $60.76 (entry at $57.94) for a $1410 gain (+4.9%). I sold shares of PDE at $31.73 (entry at $30.28) for a $725 gain (+4.8%). I sold 500 shares of SBGI at $16.18 (entry at $15.23) for a $475 gain…

  • Anatomy of a Possible Breakout Chart: EWZ

    Based on the annotations to this chart of EWZ, I would be a buyer on a high volume break of $50, or a low volume pullback to $$47. The key to this chart is not only the support and resistance levels, but the pickup in volume. This indicates institutional interest.…

  • It’s a Small World – ETF Style

    It’s amazing how similar almost every single market looks, whether we are talking sectors or countries. Let’s take at some country ETFs. I’ll start off with Brazil, since EWZ is one of my favorite trades. It is not surprising that we see a death defying drop followed by a low…

  • Today’s Trades: EWZ and QID

    I sold 700 shares of EWZ at $49.74 (entry at $48.44) for a $910 gain (+2.7%). I originally entered this trade as more of a long term swing trade. However, I didn’t trust the gap up this morning, since it wasn’t on tremendous volume. If I can enter again at…

  • Today’s Trade: EWZ, AKAM and RATE

    I sold 500 shares of RATE at $43.44 (entry at $42.53)for a $455 gain (+2.1%). I sold AKAM at $56.90 (entry at $55.63) for a $508 gain (2.2%). I bought 700 shares of EWZ at $48.44. Over the past six months EWZ has been in a solid uptrend with the…

  • Trades: USO, RIO and EWZ

    I had internet problems yesterday and was not able to post the following trades: I sold 400 shares of RIO at $34.25 (entry at $32.25) for an $800 gain (+6.2%). I sold 500 shares of EWZ at $48.00 (entry at $46.10) for a $950 gain (+4.1%). I sold 500 shares…

  • Today’s Trades: EWZ and RIO

    As discussed last night, EWZ looks attractive as a pullback candidate, so I bought 500 shares at $46.10. I bought 400 shares of RIO at $32.25. I’ve been waiting for a decent entry in a steel/metal stock for quite some time now, and finally found a decent pullback. I placed…

  • Brazil is Hot! EWZ Chart.

    EWZ is setting up for a nice pullback entry. While the solid uptrend and pullback to the 50 day moving average are nice, what really makes this stock attractive is the surge in volume this month. The big money is definitely flowing into this Brazilian ETF.