Category Archives: Philippine Stock Market

On Market Predictions

7 March 2012 Overnight, most world stock indices were down about 1.5% to 2%. a lot of times, the Philippine stock market is slightly slower when markets move in unison. 4,967.39 x 2% = 99.35 4,967.39 x 1.5% = 74.51 … Continue reading

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29 February 2012

PSEi 4,897.65. +77.22 points. +1.6%. It’s not always possible to blog on February 29. One should make the most of this opportunity. At this moment, European markets are flat while the Dow is down slightly. It will be very interesting … Continue reading

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27 February 2012

PSEi 4,799.29. -93.71 points. -1.92%. A number of parabolic spikes stuttered today from their lofty highs:┬áIRC -18.33%, MHC -16.25%, UBP -15.56%, AEV -11.31%, PSE -8.04%. The coming trading days will give further clues whether these uptrends are indeed over. You … Continue reading

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21 February 2012

PSEi 4,900.94. -42.90 points. -0.87%. Most of what I’ve wanted to write about trading, I’ve written in the non-dated articles of this blog. If there’s anything I strongly feel is still missing with this blog, it’s a concrete trend-following demonstration. … Continue reading

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20 February 2012 (pre-open)

Nikkei +1.76% as of this writing. If this keeps up, I think we’re headed for a 70 to 100 point gain today. And if there’s no trouble overnight, PSEi 5,000(!) comes tomorrow. Wow. Did you ever think, at the start … Continue reading

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17 February 2012

PSEi 4,880.71. +114.14 points. +2.39%. New all-time high. http://www.gmanetwork.com/news/story/248430/economy/finance/philippine-stocks-surge-at-an-all-time-high-in-liquidity-driven-rally-psei-up-2-39 The medium-term uptrend is intact. The short-term trend has shifted from sideways to up. Medium-term traders should keep holding their winners (at least the ones that keep giving) when the market’s … Continue reading

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14 February 2012

Happy Valentine’s Day! There seems to be some resistance just above the 4,800 level. Just this month, the PSEi has unsuccessfully challenged this level four times (4,790.04 Feb.2; 4,808.96 Feb.6; 4,805.49 Feb.8; and 4,802.03 Feb.13). You may want to double-check … Continue reading

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