Retail doesn't move markets. Institutions do.. and they don't post about it. I'm Hamilton. 17 years trading, three bear markets, still standing. Every morning before the open I show you where the big money's actually moving.. what it's buying, what it's leaving, and what I'm doing about it. 3 minutes, free. The next big move, we're in it instead of reading about it.
Beating America.. Without a Single Tech Stock
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Earlier this week, Colombia followed the majority of LATAM countries over the last three years by electing a new right-wing president. It may come to a surprise to some of you but LATAM has experienced somewhat of a "red wave" over the last three years. Back in 2022, nearly the entire South American continent was under a version of the left. Since Milei's election in 2023, everything seems to have changed. Tensions were high.. they still are. And the rhetoric right now is anything but pleasant. But with new leadership comes new opportunities.. and so earlier today I did what I always do: I checked the charts. There's a lot of opportunity out there right now if you're willing to own some global exposure. Here's a quick rundown of recent elections down here with countries, dates and political leanings: I know international stocks have had a good two-year run. We talk about it inside of The Trading Initiative all of the time. Emerging markets in particular are sitting at both an absolute all-time high and a relative multi-year high against the S&P 500. But what about LATAM countries exclusively? And what if we pinned them to a more US-friendly date.. like the bottom of the last bear market cycle (October 2022)? Check it out: SPY is up 111% from its October 2022 lows.. a very good run by all metrics. But Peru (EPU) is up 289%. Argentina (ARGT) is up 232%. And Colombia (COLO) is up 191%. That's a huge difference.. a portfolio-changing difference. And with COLO now in the headlines, there could be a huge opportunity as the global financial system begins pouring capital into its markets: COLO is one of the few areas around the world that hasn't gotten even remotely close to its pre-Covid levels. But as of this week, it's trading into six year highs.. and is clearly breaking out of a massive base. That $35.00 level seems like a clear line in the sand for new risk. As long as price is above it, the path of least resistance is higher. What makes Colombia (and LATAM in general) worth the time moreso than outperformance against the S&P 500 is the fact that it's beating us without owning any tech stocks. Yes.. in the middle of an AI bubble.. the same bubble South Koreans are cashing in life insurance policies to get more leverage into companies like SK Hynix (up 950% in 12 months).. LATAM countries are continuing to trend higher owning a mix of financials, materials, and energy-related stocks. And it's liquid. You can go out and buy this tomorrow if you want. That's important! Not a bad way to diversify. And if you really want to get the full Colombian experience.. order a side of chunchullo next time you go out to a South American restaurant. Let me know what you think! Profits Over Prophets, Hamilton PS. We're talking more about Colombia, LATAM, and the international trade this Friday during our Academy Live webinar. If you're interested in sitting in on the session, including how our Flow Score is reading the situation and the trades we want to take to profit from it, click here to learn more. |
The Trading Initiative
Retail doesn't move markets. Institutions do.. and they don't post about it. I'm Hamilton. 17 years trading, three bear markets, still standing. Every morning before the open I show you where the big money's actually moving.. what it's buying, what it's leaving, and what I'm doing about it. 3 minutes, free. The next big move, we're in it instead of reading about it.
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