Get started

Mexico

TX: Ternium is a huge buy here...I think $TX shares are likely to benefit from increasing inflation and higher interest rates in their target markets, caused by the huge money printing and govt spending needed to survive the Coronavirus induced recession. As activity picks up, construction in these markets will be a very profitable endeavor, specially as real estate prices tend to go mostly higher due to the terrible combination of high interest rates and high inflation in these EM nations. Additionally, steel itself is likely to go up due to the infinite QE effect over time as well. Valuation for $TX was very attractive recently, and I've been buying it for some time. Currently one of my favorite stock ideas. To get more ideas like this one, contact me for details on joining my signals service trial for one month, free of charge. Cheers, Ivan Labrie.
NYSE:TXLong
by IvanLabrie
2
MXN lining up a bullish flag with a target of $32 MXN per 1 USD.I posted an idea on July 22, 2019 with my target at $29 pesos per 1 USD by August 2020. However, the new Mexican Government's poor economic choices along with the with the rise of the COVID-19 pandemic, have exacerbated the problem and consequently accelerate the peso's fall. Banxico has been intervening by selling USD in the open market in an effort to stopping the pesos fall. Consequently, how much of an intervention is Mexico's central bank able to afford? only time will tell. Things don't look so promising though. AMLO has cancelled an important contract with constellation brands after an initial investment was made. Foreign investment is declining due to loss of confidence. The cancellation of the lease of the presidential plane has not been done due to lack of funds. Investments in the unprofitable and state run oil company PEMEX, the Dos Bocas refinery, and the Santa Lucia Airport, the creation of the national guard, plus numerous social programs are draining the economy heavily. In addition, a drop in GDP due to investor confidence, COVID-19, and poor economic choices do not paint a positive outlook for the peso and the overall Mexican economy.
Long
by fernx
9
SQQQ could go to 41$ when it's gonna go throught 22$I have a backstory of being wrong, i've lost a lot of money between june and december on SQQQ but lately i predicted the Covid Drop, the "'after bubble" and since then it reminded me my errors were that i was trading SQQQ on a large scale instead of a 15min scale at 15min scale you can always count on it to go back to RSI 60 still when you zoom back, you notice that if we get a second wave down, we could go at 41$ witch is the 100 MA weekly also yet we need to pop throught 22$ and that seems to be possible because of the gann fan that when throught the 2/1 channel it did the same with NQ ES RYT etc.. we all went throught 2/1 channel at gann fan so normaly we could get a big push from here that if all the fundamentals arent switch because of a lie from the president again i still say the the mexico trade deal and syria were the biggest fraud the market reacted too.
NASDAQ:SQQQLong
by jessyfuchs
Short Modernity, Long Tradition.The only reason the time frame is so low is because I simply do not have enough data to work off otherwise, but I'm going to wager that the Swedish Kronor depreciates against the Mexican Peso, being that the Kronor is backed by a pro-immigration millennial gubment amidst a global pandemic while the Peso has both trumpbux repatriation efforts and a government that is actively shutting down borders as stimulus programs. Should the value of Swedish fiat be more than 1.5x that of the small dollar? I mean peso? Think of this as an investment in MXN against Sweden, the weakest pair I could figure, not the other way around. Especially into the warmer months. Who am I to counter-trade HA trend?
SShort
by UnknownUnicorn719792
2