Bullish on Brazilian Banks

Published on
July 12th, 2019
Duration
10 minutes

Bullish on Brazilian Banks

Trade Ideas ·
Featuring Guy Cerundolo

Published on: July 12th, 2019 • Duration: 10 minutes

Guy Cerundolo, CMT, of Cerundolo Investment Research, analyzes the impressive uptrend in Brazil’s stock market and pinpoints two particular stocks to play the thesis: Itau Unibanco and Banco Bradesco. He breaks down the signals from his capital-flow model, and highlights specific levels that traders should pay attention to, in this interview with Justine Underhill. Filmed on July 10, 2019.

Comments

Transcript

  • MT
    Mike T.
    13 July 2019 @ 09:33
    so the idea is go long when all time highs are approaching? That's not useful information.
  • MH
    Michael H.
    12 July 2019 @ 19:35
    Love this idea. VAI, BRASIL!
  • AM
    Andreas M.
    12 July 2019 @ 17:41
    Considering that it remains a secrect how his model works and hence one would just need to rely on it, the Chance-to-Risk Ratio looks not very appealing IMO