Investments in Stocks in Brazil: Summary of the week

Last week was not good for Ibovespa, going down -3.1%, and closing below 50k points, which is an important support for the index.

Our trade from last week (RENT3) didn't start, because the price didn't achieve our trigger. CTIP3 had started 2 weeks ago and achieved Stop Loss this week.

We still have stocks in our portfolio (30% of the stocks we previously bought) that are presenting a great result compared to IBOV.

 - RADL3: +11.7%
 - CTIP3: +3.9% (let's increase Stop Loss for this position this week to 32.94, which would result in 3% of profit if stock continue going down. If it goes up, even better)
 - MPLU3: +6.9%
 - IGTA3: +7.7%
 - PSSA3: +6.9%

Also, we closed our position in BRFS3, because the 30% that we had went down. So, if you consider the 70% that we previously sold, this trade had 0% of result, which is ok, because we didn't lose any money. That is why I like to sell 70% with +2% of profit, because the remaining can go up (great), but, if it goes down, it doesn't hurt our P&L.

For next week, I don't have any good stock to invest, because scenario is not favorable to buy stocks (too risky). I prefer to wait one more week and be more conservative.

Have a great week, with a lot of profit!

Leo