Monthly Archives: November 2011

30 November 2011

Posted on November 30, 2011 by abitrade

Bonifacio Day. Here are some interesting articles I read on the ongoing European Financial Crisis: 1. “Europe’s Financial Crisis, in Plain English”; 2. “World markets get lift from Fed liquidity plan”; 3.“Fed, Five Central Banks Cut Rate on Dollar Swaps”. … Continue reading →

Posted in Current Events, Philippine Stock Market | Tagged , , , | Leave a comment

29 November 2011

Posted on November 29, 2011 by abitrade

PSEi 4,227.88. -16.84 points. -0.4%. Interestingly divergent from overnight trading, but in the light of European markets at this exact moment, not so surprising after all. P15.3-billion value turnover. December approaches with no Santa Claus in sight. The European mess … Continue reading →

Posted in Philippine Stock Market | Tagged , | Leave a comment

29 November 2011 (pre-open)

Posted on November 29, 2011 by abitrade

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/11/28/bloomberg_articlesLVE4K46JTSEC.DTL DJIA +2.59% STOXX +5.23% FTSE 100 +2.87% CAC 40 +5.46% DAX +4.6% Doesn’t it seem like news timing is manipulated sometimes to influence trading results? Do you think it happens on a large scale globally? Who knows. Here comes … Continue reading →

Posted in Current Events, Philippine Stock Market | Leave a comment

28 November 2011

Posted on November 28, 2011 by abitrade

PSEi 4,227.88. -33.71 points. -0.79%. I pulled the plug on MEG at 1.79. 11 bets remaining in the market. One factor that may make you feel better about trading tomorrow: The PSEi has risen on its final day of trading … Continue reading →

Posted in Philippine Stock Market | Tagged , | Leave a comment

27 November 2011 – PSEi Analysis

Posted on November 27, 2011 by abitrade

PSEi 4,261.59. Uptrend – GLO, ICT, MPI, SMC, URC Downtrend – AC, BPI, CEB, FGEN, PX, SMDC Sideways – AEV, AGI, ALI, AP, BDO, BEL, DMC, EDC, JFC, JGS, MBT, MEG, MER, MWC, RLC, SCC, SM, SMPH, TEL The list … Continue reading →

Posted in Philippine Stock Market | Tagged , | Leave a comment

24 November 2011

Posted on November 25, 2011 by abitrade

PSEi 4,237.65. -33.94 points. -0.79%. Although a minority are teetering on the brink, nearing their cut-loss stops, most of my 12 holdings in local equities still look ok as of yesterday’s close. No panic. I’m continuing to hold all 12. … Continue reading →

Posted in Current Events, Philippine Stock Market | Tagged , | Leave a comment

23 November 2011

Posted on November 24, 2011 by abitrade

PSEi 4,271.59. -18.16 points. -0.42%. Another wave of selling hit world markets overnight. BE 500 -1.31% STOXX -1.87% FTSE 100 -1.29% CAC 40 -1.68% DAX -1.44% DJIA -2.05% We’ve seen this pattern before and all the selling culminated in one … Continue reading →

Posted in Philippine Stock Market | Leave a comment

22 November 2011 – PSEi Analysis

Posted on November 22, 2011 by abitrade

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

Posted in Philippine Stock Market | Tagged , | Leave a comment

18 November 2011

Posted on November 19, 2011 by abitrade

PSEi 4,302.43. -32.23 points. -0.74%. As the leaderboard shows, it’s all about the Lolo Coaster (“A”+3.62%, “B”+5.30%) and Puregold (+1.72%) right now. These moves came amidst the market’s general weakness for the day – a sign of good relative strength. … Continue reading →

Posted in Philippine Stock Market | Tagged , , , , , , | Leave a comment

17 November 2011

Posted on November 17, 2011 by abitrade

PSEi 4,334.66. -6.96 points. -0.16%. Stock markets were divergent over the past 24 hours. While European and Asian markets were mostly flat, the Dow shed 1.58% to close at 11,905.60. This came amidst fears of European contagion risk causing further … Continue reading →

Posted in Philippine Stock Market | Tagged , | Leave a comment