Churrascaria-Style Setups

Recent blog posts have focused on the emerging strength in Russia, one of the "BRIC" countries. As you may know, BRIC is an acronym which stands for Brazil, Russia, India, and China. 

India has been hot for most of 2017, rather quietly gliding under-the-radar for most. The ADRs which trade in America have mostly been underwhelming, however, and those which have fared well are not particularly sexy from a trading standpoint. 

China is, of course, rather well-known and closely monitored by many active traders due to the high beta nature of the China internet plays, on top of the impressive action in the likes of BABA this year.

And, we discussed previously, Russia devolved into a contrarian bull/value play given the swirling, negative geopolitical headlines and swoon in crude oil.

But Brazil is becoming another intriguing play, once again. Note only did Brazilian stocks quickly recover from a presidential bribery scandal back just before Memorial Day, but many individual stocks are breaking out in unison today. 

"Churrascaria" (which translates roughly from the Portuguese for barbecue) themed restaurants often feature workers bringing over various meats to your table throughout the meal, at rapid-fire pace. The same may be said for the current emerging market trading environment, where the rotations have keep all BRICs not only afloat, but also thriving. 

It may also be worth tracking FM, the Frontier Market Index, for an even more off-the-beaten-path play on emerging growth.

At the moment, though, our focus for Members beyond Labor Day will be tracking individual long setups in the emerging markets which figure to participate in the BRIC bull run.