Eventually, the market should resume its upward trend.
Today there was a lot more diversity in the buying.
Next week we'll have a soft start since U.S. markets will be closed Monday and trading is likely to show very thin.
There are no major events foreseeable in the coming days to change the trend. We're expecting sideways markets with a little less volatility.
The market's performance was partly in response to disenchantment over the budget. Let's say the growth target is in no way encouraging, although it is positive.
The market is being affected somewhat by the volatility and expectations surrounding the exchange rate.
The market is already pricing in that (the debt upgrade) is coming. That improves the country's (economic) perspective.
The Dow bottomed when it lost some 90 points and we tracked it. It's difficult to decouple from its trend and besides we already knew we would take a breather.
What's happening now is that the market remains trading at very thin volumes and that can affect prices, even when just a handful of shares are traded. The decision of any fund to pull out from certain stock hits the price.
People wanted to adjust the value of the peso and the stock market took it well.
