Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Latin American eBay
So what: Though we're in the thick of another earnings season here, MercadoLibre doesn't announce results for another week and a half. But yesterday was the company's Investor Day, and investors clearly liked what they heard there.
Now what: The event didn't really present anything new, but reinforced MercadoLibre's market-leading position in the suddenly red-hot markets south of the Rio Grande. The enthusiasm here makes me wonder if Netflix
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