Three Fave Country ETFs

Our favorite country ETFs to start out the new year are Spain (EWP),  Mexico (EWW), and Korea (EWY).

Spain has bolted out of the gates as the sovereign 10-year yield has fallen sharply, down 35 basis in just the first few trading days.  Mexico and Korea should benefit from the global expansion and are not as vulnerable as other emerging markets to Fed tapering.  The charts need some work, but were watching closely for a breakout.  Stay tuned.

Jan7_SpainJan7_MexicoJan7_Korea(click here if charts are not observable)

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