Category Archives: Current Events

22 February 2012 (pre-open)

Nymex WTI Crude – $106.25/barrel. ICE WTI Crude – $106.10/barrel. ICE Brent Crude – $121.44/barrel. Time for ‘Ye ole arbitrage game. Fill up your tanks, people. Local pump prices will follow and go up. You’ll save a bit by refilling … Continue reading

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13 January 2012 (pre-open)

PSEi 4,648.11. Spain and Italy easily hurdled their initial refinancing needs. Yields dropped and Spain even awarded double its initial offer size. It looks like the immediate danger from Europe has passed with the success of the ECB’s “liquidity injection.” … Continue reading

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4 January 2012 – Happy New Year

Happy New Year! PSEi 4,422.22. +25.14 points. +0.54%. Yesterday, the PSEi closed at its highest since August 5, 2011. The 4,400 resistance level has been tested many times since then (Aug.18, Sept.2, Nov.16, Dec.26 and now). On August 18, the … Continue reading

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25 December 2011 – Merry Christmas

Merry Christmas to all! Happy holidays. 🙂

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15 December 2011 – European Debt Crisis

It feels good to be out of the markets. The European situation was driving my trading batty and I consider myself extremely lucky to end the year with a tiny, infinitesimally small gain (break-even, basically). With selling done, I’m definitely at … Continue reading

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6 December 2011 – LC / LCB voluntary trading suspension

PSE Circular.

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A shot of Adrenalin

DJIA +4.24% STOXX +4.31% FTSE 100 +3.16% CAC 40 +4.22% DAX +4.98% If this doesn’t get the local stock market going, nothing will. http://www.foxbusiness.com/markets/2011/11/30/central-bank-program-keeps-lending-circle-intact/ http://money.msn.com/top-stocks/post.aspx?post=7cf81702-551a-4b22-93f5-9d67aa615fb0

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