Brazilian stocks going nuts

Brazilian stocks are detached from reality. Our reality in this country is that production levels are decreasing, family income is decreasing, and unemployment is high. However, even with a new virus imminently entering the country, stocks are pumping.

Of course, stocks are not pumping as fast and as high as cryptocurrencies, but the fact that this week the Brazilian stocks exchange saw more green than red is impressive.

I was buying the dips so I can't complain that things are going well, but the fact is that there is no fundamental reason for those to go up, the country is not doing well.

I would not be surprised if this is some sort of inside trading and in a few days or weeks, we receive some good news. Because news outlets and the average investor is bearish. I am a contrarian so I was buying during the dips but most people do not behave like that.

I guess soon I will have to start planning my exit. Maybe I will pour most of my exit into HIVE and power up big time.