Monthly Archives: September 2011

30 September 2011

PSEi 3,999.65. +122.02. +3.15%. Gap up. Gap down. Gap up. We find ourselves in the middle of the dark candle of September 23, 2011. That day, the PSEi dropped 210.14 points, from 4,096.10 to 3,885.96 on huge volume of 8.2-billion … Continue reading

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29 September 2011

PSEi 3,877.63. +1.51 points. +0.04%. After gapping down at the open, the composite index formed a “frypan bottom” intraday. The pattern was mangled at the trading close by a “night attack”. Yesterday’s doji-like candle plus today’s white candle together form … Continue reading

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29 September 2011 – Bear markets continue slide

Most stock markets slid over the past 24 hours. The Dow Jones slid back to 11,010.90, a loss of 1.61%. Other markets in the Americas, such as the Canadian TSX (-1.99%) and Brazilian BOVESPA (-1.21%), likewise dropped. Europe provided no shelter … Continue reading

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28 September 2011

PSEi 3,876.12. +154.90 points. +4.16%. Gap up and close in the green as expected (by a LOT of traders, may I add). Interestingly, the index close was just short of its 3,885.96 Friday close. The decline from its intraday high … Continue reading

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27 September 2011

Typhoon Pedring shut down vast areas of Luzon, leaving millions of Filipinos without electricity. There was no trading at the PSE due to the weather disturbance. As I write this, the Dow is up 2.82% while the Euro Stoxx 50 … Continue reading

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26 September 2011

PSEi 3,721.22. -164.74 points. -4.24%. If US and European stock indices are to be believed, we are due for a bounce today. We’ve had 3 consecutive days of triple digit losses, so analysts think we are at oversold levels already. … Continue reading

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23 September 2011 – PSEi Analysis

Uptrend – Downtrend – AGI, AC, BDO, BPI, BEL, CEB, DMC, EDC, FGEN, ICT, JGS, MER, MEG, MPI, MBT, URC, SMPH, AEV, AP, ALI, GLO, JFC, MWC, PX, TEL, RLC, SCC, SMC, SMDC, SM Sideways – The list above is based … Continue reading

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