August 29, 2005 at 10:46 am by Tom Lydon
The iShares MSCI Mexico Index (EWW) is up over 18% YTD.
The Big Charts one-year chart below shows iShares MSCI Mexico ETF (the black line outlines the daily prices) and the 200-day moving average (the orange line highlights the trend line). As you can see, EWW is above the trend line, thus in an uptrend (and has been for the past year), indicating that it is a time to be invested in the ETF.
EWW Returns
2004 49.0%
2005 18.3% (through 8/16/05)
The Lloyd Mexico Economic Report for July 2005 summarizes economic news and events from Mexico, which illustrate reasons why investing in Mexico is a good idea. Highlights include:
Record tourism numbers 
Airport upgrades
Hotel investments
Broadband popularity
Strong beer sales
French glass firm invests
Guadalajara cityscape 
Record avocado harvest
Natural gas terminals
More flexibility for municipalities 
Soap operas sold to China
Another wind-farm in Oaxaca?
Canadian Investment in Flowers
Tags: DBA, Latin America, Mexico, Natural Gas
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