EWZ

UPGRADING BRAZIL IN THE SHORT-TERM $EWZ

This post was just published on ZYX Emerging Change Alert. We are upgrading Brazil in the short-term to Mild Buy.  The ETF of choice is EWZ.  The buy  zone is $54 to $58.  Suggested buy points are $54.68, $55.62, $56.26, and $57.29.  The strategy behind this call is ‘reversal to mean.’

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DRAGHI CHANGES THE GAME FOR STOCKS, GOLD, SILVER AND OIL

It turns out that Mario Draghi is Super Mario. Mario Draghi is an ex-central bank governor of Italy who just took over from Jean-Claude Trichet the presidency of the European Central Bank (ECB). In a surprise bold move, Draghi announced that the ECB is lowering its main rate from 1.5%

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