North And South: Canadian And Mexican Stock Picks
Tim Knight | May 22, 2019 01:39PM ET
For a change of pace, here are two country funds – one above us (Canada) and one below (Mexico) that seem like appealing short-sale candidates. I have shorted Canada with a stop at 28.30; take note of those red lines, how the uptrend has changed to a medium-term downtrend.h3 iShares MSCI Canada ETF (NYSE:EWC)/h3
I’ve also shorted Mexico with a stop at 44.91, which is where that red horizontal is located.
h3 iShares MSCI Mexico Capped ETF (NYSE:EWW)/h3
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