Marcelo Porto
Marcelo Porto
amount market profit
There was a substantial amount of profit taking, but the market absorbed it.
effect positive risk
As Brazil's risk falls, this should have a positive effect on financials.
market measures moment reduction results shows
The moment that the market shows that the measures are having results we could see a reduction in rates.
badly companies good outside reporting suffering volatility
Companies may be reporting good results, and in macroeconomic terms, we are not badly off. But we are suffering from volatility outside (Brazil).
influenced movement rise
The movement was influenced by the rise of the dollar.
expect
I think we exaggerated the euphoria. The least we could expect was some profit-taking.
expected game losses market moderate prices worse
Our market was out of the game for two days, while there were losses abroad. It has readjusted prices in a moderate way. I had expected a worse day.
explains houses looking rise small
Some houses are looking for a small cut, which explains the rise we're seeing.
beyond hurt markets
Markets around the world got back what they had oversold beyond the U.S. market. The market is very hurt.
animated budget good level minimum victory vote wage
The minimum wage vote was an important victory for the government, which animated the market. The wage level rose, which is good for Brazil, but budget will not suffer.
week
This is more to do with profit-taking at the end of a week of extraordinary gains.
due foreign further gathered influence losses market negative selling trade
The market is still very strong. Trade started with some profit-taking and further losses due to negative foreign (market) influence but the selling never gathered steam.
boost federal good market positive received reserve rising steadily
The market has been rising steadily all day, but it received a good last-minute boost from the Federal reserve decision, which is very positive for Brazil.
bet bit funds market opportunity sell taking
The market has been a bit bearish. My bet is some funds are taking the opportunity to sell some stocks.