Hot Stocks of the Day: EWZ, PBR, VALE.

What to expect from economic reports around the globe this week.

Brazilian president-elect Dilma Rousseff enters her second term following the recent tight election. A leftist, Rousseff's victory was cheered by the Worker's Party she represents.

The iShares MSCI Brazil Capped ETF (EWZ) has fallen rapidly from a 16-month high to a retest of 2014 lows in just seven weeks.

Not all storms behave this way but the ones that do can be particularly damaging, as they are preceded by a sense of complacency, leaving little time for preparation. In today’s financial market, we may be seeing the precursor to such a storm.

A slowdown is palpable in most of the Latin American nations and Peru is no exception. Most of Central and South American countries are rich in commodities which are presently exhibiting a downtrend.