u/ArkanenCastle · 11h ago3 prior · awaiting results
Long XP
A BBL, Butt For Your Portfolio 🇧🇷 (EWZ, XP, PICS, AGBK)
XP is Brazil's tech-forward retail brokerage (Charles Schwab meets Robinhood equivalent) positioned to benefit from a Bolsonaro win and the resulting fiscal and rate expectations. The iShares Brazil ETF rallied 9.1% on first-round results, demonstrating market appetite for Brazilian equities under this political scenario.
At post $30.41Now $29.60-2.7% since postedas of Oct 23, 1:45 PM ET