THE BRIC ETF INDEX is non-cap weighted and focuses on the BRIC countries which are Brazil, Russia, India, and China. These 4 markets are seen as fastest growing and with most potential to decouple or stop correlating to American equities. The index is anchored by EEM (MSCI Emerging Markets Index) and is completed by EWZ (Brazil), RSX (Russia), INP (India) and FXI (China) ETFs. The INDEX itself is used to calibrate the Neural Network which generates trading signals for each of the INDEX's components.



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BRIC ETF INDEX vs S&P500

MARKET NEWS

  • Google chief sees outcome "soon" in China row (Reuters via Yahoo! News)
    1 hour ago
    Google expects an outcome soon from its talks with China over a censorship and hacking dispute, Chief Executive Eric Schmidt said on Wednesday.

  • Fatal Russia crash fuels anger at police, Lukoil (The Star)
    2 hours ago
    MOSCOW (Reuters) - President Dmitry Medvedev on Wednesday ordered Russia's interior minister to report to him on a fatal car crash last month involving a senior official of Russia's largest oil company, Lukoil.

  • Dalai Lama: China wants to annihilate Buddhism (USA Today)
    2 hours ago
    The Dalai Lama lashed out at China on Wednesday, accusing it of trying to "annihilate Buddhism" in Tibet and rebuffing all his efforts to reach a compromise over the disputed Himalayan region.

  • Brazil leader blasted for stance on Cuba prisoners (AP via Yahoo! News)
    2 hours ago
    Brazil's president is coming under criticism for his deference to the Cuban government regarding the island's political prisoners and hunger strikes over human rights.

  • Brazil, Germany clash on Iran nuclear sanctions (AFP via Yahoo! News)
    3 hours ago
    Brazil and Germany differed sharply Wednesday on whether to threaten Iran with fresh United Nations sanctions in a bid to rein in its disputed nuclear program.


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