Fast Money's Global Stock Trades
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Created by barrons2
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Date updated:09-10-2008
“Investors think the ECB is behind the curve,” explains international trader Tim Seymour.“ They believe Europe will soon have to cut rates to stimulate growth. As a result, “the dollar should benefit from the relative weakness."
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UUP
Ps Db Usd Idx Bl - $24.99
- -0.64%
- $24.93
Jeff Macke has recommended the PowerShares DB US Dollar Index Bullish (UUP) in the past because he likes the chart action and thinks fundamentally the dollar will likely get stronger through the end of the year.
-
PBR
Petroleo Brasilei - $25.93
- -8.02%
- $27.01
”Also look at bellwether resource names such as Petrobras (PBR), Vale (RIO) and Gazprom, Seymour adds.“On a valuation basis they look attractive.
-
RIO
Companhia Vale Ad - $13.68
- -9.46%
- $14.41
”Also look at bellwether resource names such as Petrobras (PBR), Vale (RIO) and Gazprom, Seymour adds.“On a valuation basis they look attractive.
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OGZPY.PK
Oao Gazprom Adr - $16.30
- -9.19%
- $16.85
”Also look at bellwether resource names such as Petrobras (PBR), Vale (RIO) and Gazprom, Seymour adds.“On a valuation basis they look attractive.
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