
STOCKS IN BRAZIL SURGE; DOLLAR RISES ON FRANCE CONCERNS; EARNINGS SEASON AHEAD
By Nigam Arora To gain an edge, this is what you need to know today. Europe Debt Concerns Please click here for a chart of Brazil ETF (EWZ). Note the following: The chart shows EWZ leaped above zone 1 on election results. RSI on the chart shows EWZ is overbought. An overbought ETF is susceptible to a pullback. Brazil matters to U.S. investors because it is Latin America’s largest economy and a major supplier of oil, iron ore, soybeans, and critical minerals. Its economic policies are connected to global commodity prices, U.S. inflation, and corporate profit margins. Brazilian stocks are surging





