I'm here to help you to invest in Brazil

As I expected IBOV was lateral last week. Elections for president in Brazil will be in 2 weeks and I believe big investors are waiting for this defitinion and invest more. But, in Brazil, there are 2 rounds. Therefore, the 2 best candidates will go to the second round in November.

Because we there is always the probability that the market may go dow, we increased many of our Stops and we sold some stocks last week.

Here is the summary:

KROT3: Sold with +28% of profit
IGTA3: Sold with +12% of profit
BRML3: Sold with +3.5% of profit
PCAR4: Sold with +3% of profit

We still continue with (check previous posts to read the forecast about these stocks):
ITUB4: +13%
ABRE11: +11%
FIBR3: +16% (even with IBOV going down, it increased 3 weeks in a row)
ODPV3: +2.4%
SMTO3: +8%

Can we buy again some of the stocks that we sold? YES. I will just wait next week to check if the prices are good to buy again. As usual, we will always use "Start Gain" order, to make sure the movement has more probability of going up.

This week there is one stock that may be a good investment if the trade starts.
LAME4: Start Gain (buy ONLY IF achieves) 15.11 ; Stop Gain (sell 70% of what you buy) +2% ; Stop Loss 14.17

Have a great week!

Leo.