Sep. 13 at 2:41 PM
$MELI Its relative strength rating inched from 65 to 72, & a chart with a “flat base” with a mystical breakout point at 2,645.22. Revenue rose 34% YoY, but earnings per share slipped, a detail largely ignored by technical traders. Institutional names like Ellsworth Advisors have shown interest, though the backdrop exists: competition in Brazil & Mexico, logistics subsidies, & shrinking margins from free shipping programs. In short, MercadoLibre is spending heavily to protect share.
#RKT Notes: The Redfin purchase. Fifty million monthly visitors now feed into a mortgage machine already chained to rate cycles. A funnel. Falling rates. Rates down, volumes up. This is the entire “thesis.” It was true yesterday, it will be true tomorrow. Mr. Cooper promises
$500 million in “synergies.” Redfin synergies. Over
$200 million projected. Allegedly from cost cuts & cross-selling. EPS boost. Analysts raised 2026 EPS forecasts by 11%. The uptick relies on rate declines & synergies.
