Trade of the Day: EPU

Takeaway: Keith covered his short today of EPU, an ETF that tracks the Peru stock market.

Keith covered his short today of EPU, an ETF that tracks the Peru stock market.

Keith covered his short of EPU at 3:28pm at $40.36, booking a nice gain for his efforts. EPU is the iShares MSCI All Peru Capped Index Fund.

Keith writes of his trade, “Short commodity-linked countries; Buy consumption - risk manage the range - rinse and repeat.”

Peru produces more silver than any country in the world, and also is a major gold producer.

Trade of the Day: EPU - epu