Quantcast
Channel: Alhambra Investment Partners - We Are Different. » brazilian real etf
Viewing all articles
Browse latest Browse all 2

Weekly Chart Review

0
0
A lot of the emerging market currencies, like the Brazilian Real, corrected over the last week or so. If the uptrend is to be extended this looks like a good place for it to resume.

A lot of the emerging market currencies, like the Brazilian Real, corrected over the last week or so. If the uptrend is to be extended this looks like a good place for it to resume.

Gold stocks have corrected back to the 50 day MA. Direction from here will be keyed off the dollar. Considering the extreme bearishness on the dollar, a good contrarian might think a further correction in gold stocks is in order.

Gold stocks have corrected back to the 50 day MA. Direction from here will be keyed off the dollar. Considering the extreme bearishness on the dollar, a good contrarian might think a further correction in gold stocks is in order.

On the other hand the commodity index etf uptrend looks sustainable. It might make sense to switch out of some gold into a more general index.

On the other hand the commodity index etf uptrend looks sustainable. It might make sense to switch out of some gold into a more general index.

I still like platinum better than gold. The 50 day MA just crossed the 200 day MA to the upside.

I still like platinum better than gold. The 50 day MA just crossed the 200 day MA to the upside.

The US dollar index is holding the uptrend line so far. A move higher at least in the short term still seems like the most logical outcome.

The US dollar index is holding the uptrend line so far. A move higher at least in the short term still seems like the most logical outcome.

If the dollar does rally we might finally see the Yen come down a little bit. YCS is an inverse yen etf.

If the dollar does rally we might finally see the Yen come down a little bit. YCS is an inverse yen etf.

Corporate bonds have gone no where for the last six weeks and are looking increasingly toppy.

Corporate bonds have gone no where for the last six weeks and are looking increasingly toppy.

Alright I'll just come out and say it - long term Treasuries are in a downtrend.

Alright I'll just come out and say it - long term Treasuries are in a downtrend.

The uptrend in Chile has finally stalled. While the economy still looks good long term the bullishness in emerging markets - and Chile in particular - is overdone. I expect a correction.

The uptrend in Chile has finally stalled. While the economy still looks good long term the bullishness in emerging markets - and Chile in particular - is overdone. I expect a correction.

When I started buying Peru no one was talking about it. Last week Andres Oppenheimer of the Miami Herald wrote a full page story about it. Again, too much, too soon. Expect a correction.

When I started buying Peru no one was talking about it. Last week Andres Oppenheimer of the Miami Herald wrote a full page story about it. Again, too much, too soon. Expect a correction.

A rally in the dollar would probably negatively impact most Asian and emerging markets. Japan might be an exception as a fall in the Yen would be seen as positive for exporters.

A rally in the dollar would probably negatively impact most Asian and emerging markets. Japan might be an exception as a fall in the Yen would be seen as positive for exporters.

Russia seems the least overbought of the BRIC countries.

Russia seems the least overbought of the BRIC countries.

With everyone talking about how bad the financials have been performing, the rally in the broker/dealer etf might have escaped  your notice.

With everyone talking about how bad the financials have been performing, the rally in the broker/dealer etf might have escaped your notice.

If QE is supposed to be spurring the old animal spirits, why are the defensive pharma stocks rallying?

If QE is supposed to be spurring the old animal spirits, why are the defensive pharma stocks rallying?


Viewing all articles
Browse latest Browse all 2

Latest Images

Trending Articles





Latest Images