Bulios: Social investing platform

Why are Brazilian stocks falling? 🇧🇷 After the first round, right-wing candidate Flávio Bolsonaro was leading, and investors began betting on his victory. iShares’ Brazilian ETF EWZ surged 14%. But left-wing incumbent president Lula ultimately won by 51.8% to 48.2%. Why did the market want Bolsonaro?…

🇧🇷 NU and MELI on sale! Market panic or buying opportunity? $MELI $NU Today’s trading looks pretty wild for Brazilian stocks. Following the presidential election, which Luiz Inácio Lula da Silva won once again, a sharp sell-off is underway. 📉 Nubank ($NU) – down approximately 23% in early premarket trading.…

Hi, everyone! I’ve had $MU on my watchlist for some time. After this drop, it looks like a good buy for my portfolio (to start a small position). The P/E is currently around 11.5. Is anyone else thinking about opening a position, or is it already too late to get in? Thanks for your advice and opinions :)