Marcelo Porto
Marcelo Porto
expect
I think we exaggerated the euphoria. The least we could expect was some profit-taking.
market
We recuperated a little, but the market was very slow.
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.
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.
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.
bit correction happen hardly market might rise room today
The rise today was hardly explicable and I think the market is a bit dangerous. There's big room for a correction still and it might happen any time.
influenced movement rise
The movement was influenced by the rise of the dollar.
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).
effect positive risk
As Brazil's risk falls, this should have a positive effect on financials.