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Sunday, February 15, 2015

After Carnival in Brazil, it is time to earn money to pay for all expenses

IBOV ended last week above 50,000 points which is a good signal. Stocks went up after some announcements of new audits in PETR4 and it seems that the market liked that.

This week, due to Carnival, stock markets will be closed on Monday and Tuesday. It doesn't mean we won't try to do any trades! Brazilians and tourists in Brazil have to pay for their expenses, and I'm here to help you with that!

First, I want to talk about the stocks that remain in our portfolio (30% of stocks that we bought in the past)

RADL3: +7.2%
CTIP3: +6.7%
MPLU3: +0.9% (let's increase our Stop Loss for this stock to 32.89)
IGTA3: +3.1%

As a benchmark, IBOV is practically 0% in the same period.

This week, 2 stocks call my attention:

PSSA3: Start Gain (Buy ONLY IF achieves) 28.52 ; Stop Gain (sell 70% of what you buy) +2% ; Stop Loss 27.22
This trade has 76% of chance of achieving profit, based on my back-tests

CTIP3: Start Gain (Buy ONLY IF achieves) 34.77 ; Stop Gain (sell 70% of what you buy) +2% ; Stop Loss 33.37
This trade has 75% of chance of achieving profit, based on my back-tests

As a benchmark, so far, this blog achieved 75% of forecasts correct in 108 trades.

Have a great week!
Leo.

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