Author: Romeo Alvarez

Romeo Alvarez is a senior equity analyst at William O’Neil + Co., a registered investment advisor serving 400 top-performing institutional portfolio managers worldwide. The firm employs 150 associates in Los Angeles, New York, Boston, and London. Based in the firm’s Los Angeles office, Mr. Alvarez is a senior equity analyst covering the Americas region and a member of the Global Focus List Committee, which approves all equity recommendations for developed, emerging, and frontier markets. Romeo also selects equity initiations to be covered in the Technology sector and regularly reports to clients on innovation and technology developments in Trend Watch. Mr. Alvarez earned a B.S. in Business Economics from the University of California, Riverside, and an MBA with a focus in Finance from Loyola Marymount University, Los Angeles.

LATAM Weekly Summary

Posted on by Romeo Alvarez

Key points from this week’s report:

Please refer to the attached PDF for the full report.

 

  • Brazil’s Bovespa index gained 2.9% last week and retook its 200-DMA. The index is in a Confirmed Uptrend. We recommend investors add risk in Brazilian equities.
  • Mexico’s main benchmark rose 2.4% last week and is now only 7% off highs. The index remains in a Confirmed uptrend. We recommend investors add risk in Mexican equities.
  • Coca-Cola Femsa (KFBL.MX) was removed, taking the total number of Focus List ideas in the LATAM region to two.
  • Stocks of interest: Grupo Cementos (GCC.MX; GCC* MM), Qualitas (QCC.MX; Q* MM), Bb Seguridade (BBS.BR; BBSE3 BZ), B3 (BMF.BE; B3SA3 BZ), Totvs (TOT.BR; TOTS3:BZ). Additional ideas are highlighted on page 3.

O’Neil Global Cryptocurrency Weekly

Posted on by Romeo Alvarez

Commentary: We remain cautious on Bitcoin as GBTC trades below its 50-DMA. GBTC is in an Uptrend Under Pressure and has a high distribution count of
six days. It is now trading 11% off highs, with next support at its current base low of $70.70, followed by its 100-DMA ($68.62). This week, Coinbase (COIN)
and Robinhood (HOOD) reported strong Q4 results. Growth was driven by crypto currency trading.

LATAM Weekly Summary

Posted on by Romeo Alvarez

Key points from this week’s report:

Please refer to the attached PDF for the full report.

 

  • Brazil’s Bovespa index declined 1.2% last week after hitting resistance at its 20-DMA. The index is trading 9% off highs and has support at its 50-DMA (124K). The index is in a Confirmed Uptrend. We recommend investors add risk in Brazilian equities.
  • Mexico’s main benchmark rose 3.1% last week, and reclaimed support at its 200-DMA on above-average volume. The index was shifted to a Confirmed uptrend from a Rally Attempt. We recommend investors add risk in Mexican equities.
  • The total number of Focus List ideas in the LATAM region remains at three.
  • Stocks of interest: Alfa (AFA.MX; ALFAA MM), Genomma Lab (GLI.MX; LABB MM), Porto Seguro (PSO.BR; PSSA3 BZ), Bb Seguridade (BBS.BR; BBSE3 BZ), Falabella Saci (FAL.CL; FALAB CI) and Nu Holdings (NU).

O’Neil TMT Weekly

Posted on by Romeo Alvarez

Software (IGV): The software benchmark regained its 50-DMA ($103) and is attempting to form the right side of a stage-two cup base
and is 6% below the pivot. The IGV has mixed quantitative metrics: Up/Down Volume ratio is at 0.9, while Acc/Dist Rating remains
negative. The improvement in the IGV is being masked by a few weak large-cap constituents ( MSFT, ADBE, INTU) while breadth of
leadership is broadening, (Listen to IGV overview- click here). Constituents setting up or in the actionable range include CVLT, DT,
DUOL, FTNT, GTLB, GWRE, HUBS, INTA, PANW, RBRK, and TYL. Seven of 12 software related groups are ranked in the top 50
including four (Edu/Media (5), Spec Enterprise(8), Enterprise (11) and Medical (16)) in the top 20. We recommend adding position to
ideas that are breaking out from their bases on good volume.

O’Neil Global Cryptocurrency Weekly

Posted on by Romeo Alvarez

Commentary: We turn cautious on Bitcoin as GBTC breached its 50-DMA for the first time since October 2024. In addition, bellweather
name Microstrategy (MSTR) is down 3% this week and is hitting resistance at the 50-DMA. We are shifting the market status to an Uptrend
Under Pressure due to the 50-DMA break and a high distribution count of six days. GBTC is now trading 11% off highs, with next support at
its current base low of $70.70, followed by its 100-DMA ($67.49).

LATAM Weekly Summary

Posted on by Romeo Alvarez

Key points from this week’s report:

Please refer to the attached PDF for the full report.

  • Brazil’s Bovespa index gained 3.0% last week and reclaimed support along its 50-DMA. The index was shifted to a Confirmed Uptrend from a Rally Attempt. We recommend investors add positions in Brazilian equities.
  • Mexico’s main index declined 0.3% last week after hitting resistance at the 200-DMA. The index remains in a Rally Attempt. We recommend investors wait for a follow-through day before adding risk in Mexican equities.
  • Weg (WG3.BR) was removed from the Focus List, taking the total number of buy ideas in Latam to three.
  • Stocks of interest: Nu Holdings (NU), Tres Tentos Agroindustrial (TTA.BR; TTEN3 BZ), Bb Seguridade (BBS.BR; BBSE3 BZ), Porto Seguro (PSO.BR; PSSO3 BZ) and Falabella Saci (FAL.CL; FALAB CI). Additional ideas are listed on page 3.

O’Neil TMT Weekly

Posted on by Romeo Alvarez

Software (IGV): The software benchmark is forming the right side of a stage-two flat base and is 7% from its pivot. The IGV has
mixed quantitative metrics: Up/Down Volume ratio of 1, while Acc/Dist Rating remained negative. However, multiple constituents,
including CRWD, DT, FTNT, GTLB, GWRE, HUBS, SNOW, KVYO, RBRK, TOST, and TEAM, are either setting up or in the
actionable range. Eight of the 12 industry groups have shown improvement in Group Rank over the last four weeks, with Security
(#28) and Design (#92) showing the sharpest improvement. We recommend focusing on ideas that are breaking out from their bases
on good volume. ADYE.NL

LATAM Weekly Summary

Posted on by Romeo Alvarez

Key points from this week’s report:

Please refer to the attached PDF for the full report.

 

  • Brazil’s Bovespa index was flat last week and continued to trade below its 200-DMA. The index is in a Rally attempt. We recommend clients wait for a follow-through day before adding risk in Brazilian equities.
  • Mexico’s benchmark index rose 2.8% last week and reclaimed its 50-DMA. The index remains in a Rally Attempt. We recommend clients wait for a follow-through day before adding risk in Mexican equities.
  • The total number of Focus List ideas in the LATAM region remains at four.
  • Stocks of interest: Alfa (AFA.MX; ALFAA MM), Genomma Lab (GLI.MX; LABB MM), Grupo Aeroportuario del Pacifico (GAP.MX; GAPB MM), Marcopolo (RL4.BR; POMO4 BZ) and Porto Seguro (PSO.BR; PSSA3 BZ).

O’Neil TMT Weekly

Posted on by Romeo Alvarez

Software (IGV): The software benchmark is attempting to form a stage-two cup base and is 6% below the pivot. Quantitative metrics
are mixed: Up/Down Volume ratio of above 1, while Acc/Dist Rating remained negative; However RS line is rising. Multiple
constituents – HUBS, TEAM, TOST, CDNS – are setting up and approaching their pivots. ORCL (Stargate) and TWLO (Investor Day)
gapped up after providing positive sentiment/outlook. Only four of the 12 industry groups have shown improvement in Group Rank
over the last four weeks, with Security (#32) and Design (#93) showing the sharpest improvement, followed by Desktop (#143) and
Enterprise (#15). We recommend increasing exposure as stocks form the right side of bases with improving quant metrics.