Marcelo Porto
Marcelo Porto
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.
effect positive risk
As Brazil's risk falls, this should have a positive effect on financials.
positive since time
It's been a long time since we've had such a positive macroeconomic outlook.
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.
close
We could be getting close to the floor.
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.
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.
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.