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IBDvalueinvestin (99.68)

Jungle Nation about to ramp up construction ahead of 2014-2016

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January 02, 2013 – Comments (1) | RELATED TICKERS: SID , X , PKX

This Jungle nation is also known as Brazil.

Why is the jungle nation construction about to ramp up quickly?

World Cup 2014, and Olympics 2016

 http://www.bbc.co.uk/sport/0/olympics/20740949

 

 

Brazil prepare to welcome the world Play media

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BBC Sport's Dan Roan reports from Rio de Janeiro as the city - and Brazil - continue to prepare for the World Cup and Olympic and Paralympic Games.

Both Fifa and the International Olympic Committee are urging the Brazilian authorities to step up preparations if they are to be ready in time.

Watch the full documentary on BBC iPlayer.

Available to UK users only.

We can all take advantage of this ramp up by Brazil, how? Buying up shares of Brazilian stocks that will benefit. One stock (SID) pays you a divy of over 6% while you wait for them to pick up the rally hats.

The steel sector also was upgraded today and (X) along with (PKX) led the rally in the sector.

1 Comments – Post Your Own

#1) On January 10, 2013 at 5:30 PM, IBDvalueinvestin (99.68) wrote:

Switched my shares of (SID) for $5 strike Call options expiring in Jan. 2014. The China manufacturing expansion caused by Chinese infrastructure spending should be a positive for infrastructure material stocks like (SID)

 

Updated December 14, 2012, 12:49 a.m. ET China's Manufacturing Expands

 

By WILLIAM KAZER

BEIJING—China's economy is showing fresh signs of strength as a preliminary gauge of manufacturing activity rose to a 14-month high in December.

The flash reading of the HSBC China Manufacturing Purchasing Managers' Index showed manufacturing activity has expanded for a second straight month, adding to a raft of recent data signaling that the world's second-largest economy is steadily recovering.

"It confirmed that China's ongoing growth recovery is gaining momentum, mainly driven by domestic demand conditions," Qu Hongbin, chief China economist for HSBC Holdings PLC, said in a statement.

The reading also pointed to solid economic growth in the fourth quarter.

Nomura economist Zhang Zhiwei said the PMI reading reinforces his view that China's economy "is on track for a strong recovery," with growth likely to top 8% in the fourth quarter.

The government has targeted a 7.5% rise in the economy this year. Gross domestic product grew 7.4% in the third quarter from a year earlier, its slowest pace since the first quarter of 2009.

The preliminary reading of HSBC's PMI for December rose to 50.9, compared with a final tally of 50.5 in November, HSBC said Friday. A reading above 50 indicates expansion.

The result followed a surprisingly strong reading for industrial output in November. Production in expanded 10.1% from a year earlier during the month, the fastest pace since March. Output rose 9.6% in October, according to official data.

Read the entire article

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