It is a country filled with homeless thieves and whores. However, I like it now and would live there, if only for a few weeks until I was drunk enough to hop on a jet back home.
Notice the white candles here and how they’ve preceded a large move in the past? I believe we’re setting up for a similar move higher now.
I bought BRZU. Cash is now just 10%.
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Ok I joined you on this one
I am watching your trades with interest. I’ll see about this Brazil trade in coming days. IWM, hmmm…
Actually I’m not convinced of anything right now. 50% cash and likely to stay there a bit longer. The market has no snap presently.
Seems about right. Bulls were strong early, but no conviction in the close. Pretty neutral day overall.
As for Brazil, it seems that it would be tied to the US. I would have guessed there was a high beta between Brazil and US and thats looks to be the case.
Nice moves today, Fly. Looks like a few other caught the early wave as well.
I was busy not looking at tickers today: you snooze, you lose. Anyway, looking at the VIX chart over the last 3 months, it looks like Fear is leaving, although Complacency hasn’t entered as yet (still at 24).
QQQ is beating on 155, so maybe the indexes are trying to crawl out. I don’t think they make it, but higher has short-term (1-2 day) momentum. Will watch the close
I think most people don’t feel too sure of themselves here. Market could go either way, or nowhere at all.
Curious why the chart describes EWZ as a closed end fund.
I believe it is an etf.
Love it.. BRF was one of my best purchases of 2018 at $16.75.. DRIPing for next 10 – 20 years.