Ishares Msci Brazil Index Fund (EWZ)

Broad exposure to Brazilian large- and mid-cap equity market. Dominated by financials, commodities, and companies linked to real assets. Higher beta. Commodity exposure, plus USD weakness (if it manifests). Brazil has better valuations than US.

Its holdings can outperform in a reflationary or commodity-supported environment. Helps diversify away from US tech as well as from Canada.

We are not experts on Brazil, and it has certainly had some economic issues of late. Still, the Brazil market is nicely ahead of the US this year, and positive on the year. EWZ is up 10.17% YTD. Certainly for investors looking for country exposure we would be comfortable with this ETF, with $3.2B in assets, fees of 0.59% and an 8% yield currently. Brazil stocks are very cheap, at nearly half the valuation of the US market. There are still risks, but for a generalized country fund we would be OK with this as part of a diversification strategy for sophisticated investors looking for non-correlated assets from North America. We would not want to go beyond 5%. 
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Whatever happens in the US affects the rest of the world. He wouldn't recommend emerging markets, as they tend to underperform if/when there's a recession. 

Investors would be better off buying the best companies in the German market, rather than the whole German market. Germany's the 4th-largest economy in the world, but it's had a bunch of issues with its own deficit and economic slowdown. He owns specific stocks in Europe. 

It is moving in a range. It is close enough to the bottom of the range and he is tight with discipline. If it breaks its support level and stays there for a number of days, then he will sell.

Will continue to own. Has great chart and trend lines. 

If you were to go back multiple years, you'd see a pattern that has a lid and a floor. There's a pretty strong layer where we are right now. He's traded this multiple times, and he's doing it again.

When oil moves back up again in the winter, which it often does, this ETF with 22% oil & gas should too. Remember that if it breaks support, get out. Don't get emotionally wrapped up in the trade.

(A Top Pick May 3/17, Up 14%) He took a 3% position. Sometimes these things don’t work out. You had a broken downtrend.

(Top Pick May 3/17, Down 10%) His picks are always month by month. Brazil was moving nicely and then suddenly unpredicted political chaos happened. It will probably move back to the support level of $34 and he will say goodbye at that point. He is going to move on.