Below you will find pages that utilize the taxonomy term “EWZ”
I sold my position in EWZ yesterday after it rocketed over $80 yesterday and started a slow decline back down. This is counter to what my EWZ neural net model says but the Forex Trader suddenly emerged and screamed, "see profit, take it now!" I ended up with a 2.3R gain instead of 3R but I'm happy nonetheless.
The EWZ neural net model still remains long going into today's open and with my luck EWZ will blow past $81 today!
It looks like we got our first signal to close a position. The Stock NeuroMaster program has issued a BUY to close out the short position we have taken (on paper) in Shanda Interactive Entertainment Ltd (SNDA). Currently we are sitting on a 5.96% gain for SNDA and I'm interested to know at what price we close out this morning.
iShares MSCI Brazil Index (EWZ): BUY signal on 1/22/08, entered 1/23/08 @ $66.
Just for fun and to test out the robustness of the Stock Neuromaster system, I've decided to create a small selective portfolio of stocks and ETFs, generate BUY and SELL signals, and follow along in this blog to see what happens. To kick this off, and in honor of Wallstrip's new host Julie Alexandria, I've decided to add the Brazilian iShares ETF (EWZ) to the portfolio.
Although this happened last week, the model issued BUY signal on the evening of 1/22/08, which was executed on 1/23/08 @ $66.
The Brazil ETF (EWZ) is having a tremendous run that’s spanning several years now. Its rather amazing when you look at the chart and yes I missed this one along with the other RIC (Russia, India, and China) countries of the BRIC consortium.
The cynic in me can’t help but wonder when this BRIC cycle will come to an end? After all, all things come to an end and the smart money will migrate elsewhere.