One of top short options on Nasdaq 100 based on 3 months momentum. Also increasing our leverage back to our 1.9 target.

Increasing our exposure to MELI. As latin america becomes increasingly digitized, fintech banking institutions such as MELI stand to gain tremendously. The price is still good relative to our initial buy price. See previous purchase for more detailed rationale.

This company has shown high growth recently (10,04% last week) and has a high P/E value (714,29) which means investor can possibly expect high future returns. Our strategy is to invest in growth companies which we believe to give us high short term returns. The qualities of this company indicate it being a growth company.

As one of the fastest growing e-commerce platforms, Mercado Libre provides the same angle of appeal as other large digital payment and online exchange platforms like Alibaba. It's relatively unique to its geographical location and has potential to differentiate itself as a leader within South and Central American online consumption.

MercadoLibre is an Argentine ecommerce company that is the leading ecommerce company in Latin America. Their business model involves sourcing from many small venders and helping their business grow using their online sales platform, very similar to what Amazon does. Given the similarities, it looks to be an attractive emerging markets play.