Lets play by the trend... right now..... ifix is on way down
Brazilian real is gettin stronger... time to get short....
I m publishing it quite late due to lack of attention but vale is about to climb higher due to weakness in dollar and increased price quoted in commodities... I wouldnt suggest to enter fully now but build position slowly.. it will reverse and will give chance for long term view... for moment vale is trend up
Gold is in a position with long bias... I can be wrong on it but for actual moment its time to build a position long on gold!
SP500 made a false break and showed weakness mainly due to the usa election ... so for moment its down
Bovespa made a false break and returned to channel it was trending in... from now its a sell
The biggest bank of south america is the main component in ITAUSA.. so for now its time to build position on it!
In short term due to us election brazilian real got some strenght even though fiscal situation remains a mess we must look at it closely... so trend down
Bovespa is in a up trend so time to take a long position
Trend down on IFIX index... time to get short
Brazilian stock market index is under strong pressure of selling.... so we are short on it on weekly too.
Interest rates in the usa is showing a strong divergence of push up... we need to see more to com but for moment ... trend up
The news were not long ago saying gold was heading to starts and i was paying close attention to it... for moment if you have gold dont added up more .... in any other case gold is a sell or neutral position for moment!
Real state index has got some traction up....
Due to fiscal economic situation in Brazil most of bonds and stocks has been sold and basically managers are looking for the best safe heave in the world... dollar. AS FAR AS I CAN SEE THERES NO MUCH IN BRAZILIAN MARKET RIGHT NOW... SO THEY MUST ALLOCATE ALL TO DOLLAR and wait a better opportunity!
For those who invest in real state bovespa.. now its time for a stop and take some profits and stay out or sell it!
THE etf of brazilian bonds has showed a change in direction... showing force for buyers at moment.... let`s ride it up.
Uber is under pressure for a sell... from now ahead short or sell uber stocks