The Rising Influence of Rising Affluence

[wow_happens28]

The unfavorable business climate of Brazil of the Chevron problem and taxes is being noticed by investers this year. The 200 day moving Average might be a place for a pause in the fall? CLB does not seem like a political ploy. The Dutch companies are well run, as I posted about DSM several times.

http://stockcharts.com/h-sc/ui?s=EWZ&p=D&yr=1&mn=2&dy=0&id=p68456766115

I'm wondering if we are maybe seeing a shift beginning from commodities to technology at the international level. RJA is below the 200 day MA. But, sometimes when a shift is seen it's a blip and over?

http://stockcharts.com/h-sc/ui?s=RJI&p=D&yr=1&mn=2&dy=0&id=p34877096886

RJI is made of of three groups, Food, Energy, and Metals. Energy is doing the best as it is above the 200 day and the others not.

http://stockcharts.com/h-sc/ui?s=RJA&p=D&yr=1&mn=2&dy=0&id=p46057227443

http://stockcharts.com/h-sc/ui?s=RJZ&p=D&yr=1&mn=2&dy=0&id=p93593646030

http://stockcharts.com/h-sc/ui?s=RJN&p=D&yr=1&mn=2&dy=0&id=p03198558516

Tech looks strong with PIE, hold til it breaks the 50? Pathetic volume!

http://stockcharts.com/h-sc/ui?s=PIE&p=D&yr=1&mn=2&dy=0&id=p13911423842