Friday, July 5, 2013

Mexico ETF Lives Up to Its Symbol

I?ve been mentioning ideas related to being short south-of-the-border stuff for a number of weeks, such as Brazil (EWZ) and Mexico (EWW), shown below. Even on a day like this, in which all the U.S. indices are way in the green, and the Russell is up nearly 3%, seeing Mexico down over 2% is gratifying. This is a very broken chart.

0705-eww

Source: http://feedproxy.google.com/~r/typepad/tradeblogs/the_slope_of_hope_with_ti/~3/aMSIaAg1YUc/mexico-etf-lives-up-to-its-symbol.html

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