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Nicholas Vardy - Momentum Trader Alert
02/22/2017 10:07 am EST
I have been developing a proprietary momentum trading system over the past six months; specifically, the system does so by tracking a combination of 13 different short-, medium- and long-term technical momentum indicators along two dimensions.
Only when the average of these 13 technical indicators lines up at 100% does the system makes a "buy" recommendation.
Your very first recommendation takes you to the hottest major stock market in the world at the moment, Brazil. Banco Santander (Brasil) S.A. (BSBR) was founded in 1957 and is headquartered in São Paulo, Brazil.
This financial giant provides banking products and services in Brazil and internationally. It operates in two segments, Commercial Banking and Global Wholesale Banking. As of December 31, 2015, the company operated 2,262 branches, 1,175 mini branches and 14,221 automated teller machines.