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Bullish Case: Historical underperformance may be an inflection point for favorable macroeconomic policies and rebounding emerging markets driving demand for Brazilian assets.


Bearish Case: Persistent underperformance and heightened implied volatility suggest continued uncertainty and potential downside risks in the Brazilian market.


Potential Outcomes:

1) Short-term bounce on policy optimism (40%);

2) Continuation of long-term trend with further declines (35%);

3) Sideways movement amidst uncertain volatility (25%).


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April 02, 2024


iShares MSCI Brazil Forecast

EWZ        iShares MSCI Brazil
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






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EXPE Forecast + Options Trading Strategies   [EXPE]  Expedia (0.87)


TTWO Forecast + Options Trading Strategies   [TTWO]  Take-Two Interactive Software (0.85)


IDCC Forecast + Options Trading Strategies   [IDCC]  Interdigital (0.85)


SPGI Forecast + Options Trading Strategies   [SPGI]  S&P Global (0.84)


SNAP Forecast + Options Trading Strategies   [SNAP]  Snapchat (0.82)



Uncorrelated Stock Forecasts

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OPRA Forecast + Options Trading Strategies   [OPRA]  Opera (-0.0)


GFS Forecast + Options Trading Strategies   [GFS]  GlobalFoundries (-0.0)


PENN Forecast + Options Trading Strategies   [PENN]  Penn National Gaming (0.01)


ED Forecast + Options Trading Strategies   [ED]  Consolidated Edison (-0.01)


OIH Forecast + Options Trading Strategies   [OIH]  VanEck Vectors Oil Services (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against EWZ



DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.72)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.74)


QID Forecast + Options Trading Strategies   [QID]  ProShares UltraShort QQQ (-0.74)


PSQ Forecast + Options Trading Strategies   [PSQ]  ProShares Short QQQ (-0.74)


IMAX Forecast + Options Trading Strategies   [IMAX]  Imax (-0.76)





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