Brazil's EWZ and the Olympics

Discussion in 'ETFs' started by Petsamo, Oct 2, 2009.

  1. EWZ is the ETF investing in Brazil. It generally is influenced by oil and the NASDAQ.

    In these past few days, EWZ has not been behaving normally. It's been making incredible highs. Do you guys suppose it's due to the prospect that Brazil may get the Olympics in 2016?
  2. Buy the rumor, sell the news?