Brazil Stocks Gain: EWZ, PBR

Brazil Economy (Bullish)

Brazilian stocks gained today while America's markets take the day off.  The Bovespa stock index .BVSP moved up 0.84%.  Look for traders tomorrow to place bets on Petroleo Brasileiro SA (ADR) (NYSE:PBR) or the iShares MSCI Brazil Index (ETF) (NYSE:EWZ).

The Bullish Case for the Brazil ETF (EWZ)

Brazil Economy (Bullish)

Tom Lydon talks up the Shares MSCI Brazil Index (NYSE:EWZ) which after hitting a new 52-week high last week has backed down $4 to $76.48 a share.  Brazil is one such country that is beginning to realize its potential and emerging market investors should take note.

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