Summary of portfolio positions

British pound (GBP)

Let me refer you to my previous post of April 10 regarding the British Pound index. See chart below:


The buy trigger of 1.5000 was just reached tonight (see the chart below). However a pullback below 1.5000 is always possible.

Vale Do Rio Doce (VALE)

The price has crossed the 200 day moving average to the upside with an increase in volume. It's a buy signal. I buy VALE at 18.3$ (stop loss: 15.7)

Australian Dollar chart analysis

The resistance was broken at 0.74 on the Australian dollar index. Buy trigger is clear. Next target: 0.78. Beware of a possible fake move.

Market Vectors Agribusiness ETF (MOO)

Some info on this ETF:
The Market Vectors Agribusiness ETF (ticker: MOO) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the DAXglobal® Agribusiness Index. The Index provides exposure to publicly traded companies worldwide that derive at least 50% of their revenues from the business of agriculture. Main companies represented in this ETF include: Syngenta, Potash Corp. of Saskatchewan, Monsanto, Archer Daniels Midland, Mosaic, Deere, Komatsu, Bunge, Yara International, Agrium, Terra Industries, Kubota Corp., ...

Let's look at the chart: the resistance was crossed last Friday (May 1) and the volume of transactions surged at the same time: a breakout which provides a first buy signal.

I buy MOO at 32.21$ (stop loss: 28.5$)

Portfolio: summary of positions

First Solar (FSLR)

Good news + price gapping up + high increase in volume of transactions + price crossing the 200 day moving average = strong BUY signal.

I buy FSLR at 181.0$ (stop loss: 155.0$)

Text of the news

iShares MSCI Brazil Index Fund ETF (EWZ)

I refer to my previous post on Brazil.

Now is the time to enter a position in Brazil ETF: iShares MSCI Brazil Index Fund (EWZ) for the long-term.

Looking at the chart of Bovespa index, one can see that the price could stay above the 200 day moving average for more than 2 weeks. It means it was not a fake move.


I buy EWZ at 46.6$. Stop loss at 39.0$