According to Noticias de Mineracao, Dilma will attempt to begin satiating market concerns by using business leaders as unofficial ambassadors to the revamped platform of her second term. The key role is finance minister. This is very encouraging because it is now a message that communicates she will be taking the position of businesses and the economy much more in priority and also constructively and proactively moving forward.
It is an excellent message to send the markets that have been on tenterhooks since the first polls started showing Dilma leading the race of reelection. Shortlisted favorites are the Vale CEO, which would be an excellent choice since he is well respected and has shown the skills to manage the business well in a tough IO market.
But what is most important is not necessarily the choice itself, but the direction Dilma appears to be taking in now choosing business leaders as ambassadors to the economic platform as her new finance minister and likely beyond. This is in great contrast to her first term.
Apparently you are short or dont hold any long position. I am a Technical analyst for 28 years. You can not predict anything similar to what you have declared, apparently you are trying to manipulate investors to keep aside while letting "smart Money" take LONG positions...
Sentiment: Strong Buy
No...Poor people voted to direct some of the country's riches to schools, healthcare, infrastructure, and education. This is how you develop a peaceful society. Not by allowing the rich to hoard all the assets while the rich live and die at the whim of the rich working DIRTY jobs exposed to carcinegins with no protection or healthcare.
this reversal in the middle of the friggin day doesn't bode well, don't put money in this you can't afford to leave in for a couple of years I would say
there was a short selling ban on PBR Mon-Tue...? We may see broad decline in equities if the markets react to Fed's announcement of end of QE3 today - as happened at prior ends of QE2 and QE1....
Charts from Ameritrade, certainly the closest thing you can get to your own personal crystal ball. Don't trade without 'em.
Now up nearly 4 percent in premarket. Nothing like having your political life flash before your eyes with the tough Neves battle to awaken Dilma to certain realities, to have her see the light as the saying goes, and to have her constructively add the linguistics of change to her thinking and implementations. It would be a widely welcomed mantra for Dilma.
Looks like the Brazilian markets are set to open up strongly, for a change. Aside from the chart looking like a cliff where oversold is concerned, today's premarket move probably also has something to do with Dilma's government pledge for industry stimulus. A mini Brazilian QE, of sorts.