Marcelo Porto
Marcelo Porto
erase hoped initially rise stocks street today wall wave
Today we initially hoped that stocks would rise and erase yesterday's losses, but Wall Street triggered a new wave of profit-taking.
close
We could be getting close to the floor.
broke despite eve itself market moves positive resistance sideways volume
We had a good, positive day today. The market managed to consolidate itself despite some sideways moves and broke the long-wanted resistance level. Surprisingly for the eve of Carnival, the volume was good.
linked saying stay
Many are saying that it is the end of their liquidity. But I think they will stay for a while, because there are too many derivatives linked to the receipts.
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.
expect
I think we exaggerated the euphoria. The least we could expect was some profit-taking.
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.
market
We recuperated a little, but the market was very slow.
improved political scene
The political scene has improved in a big way.
came ended foreign inflation influence market rise time today walked
Today our market walked most of the time on its own feet, with little foreign influence. The rise ended when the inflation index came out.
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).
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.
recently stocks
Stocks that were most favored recently are being penalized now.