After the correction in equity markets plays itself out in Brazil, and in the U.S., I would be quick to return to Bovespa stocks, particularly those that are also traded on the NYSE.

I think next to Canada and the U.K, that Brazil has done an outstanding job of listing its best companies in the U.S., mostly on the NYSE. In my opinion, Brazilians have done a better job than the Japanese, Russians, Chinese, Indians, and so forth.

Moody's apparently also likes what they see in Brazil with respect to the political and economic situation, with their latest ratings improvement. Still, the rating is four levels below investment grade.

I will be creating a sophisticated buy/sell model for Brazilian equities, and when this work is completed I intend to write on a weekly basis, an in-depth analytical report.

Already I have published a deep piece of work on Brazil for Trader Wizard. While I wouldn't yet call myself an expert on Brazil, I do connect the dots between equity prices there and U.S. interest rates and global commodity prices.

I did publish an investment report on a couple Brazil stocks, which, if I can figure out how to publish the pdf-formatted file on my blog, will be made available to readers.

In the meantime, you can be assured I'm watching the Brazil stocks monitor (NYSE listings):

BCara@BillCara.com