Tag Archives: PX

25 August 2011

30-32. Tails. Hmm.. maybe this coin is broken. The PSEi dropped only 23.76 points to 4,342.69. You’d think it was a quiet day, but most active traders are probably looking at 5% to 10% portfolio drops today as much of … Continue reading

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

24 August 2011

30-31. While European markets went up and the Dow Jones was up 3%, a small decline was the best the PSEi could do today. Chalk it up to the power of TEL (-3.29%) which went ex-dividend yesterday. Jittery traders also … Continue reading

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

5 July 2011 (pre-open)

Here is the composite index pushing all-time highs, yet hardly any stocks are doing the same. I’m quite surprised. AT and PX are pushing new highs, and that’s about it. This run is different from the last time the PSEi … Continue reading

Posted in Philippine Stock Market | Tagged , , , | 1 Comment

28 June 2011

Determined sellers drove CHIB (-10.93%) off a cliff today. Looking at the past few days of trading, this could have easily caught out any number of trend-followers. Personally, I have my volume turnover filter and plain dumb luck (laziness) to … Continue reading

Posted in Philippine Stock Market | Tagged , , , , , , , , , , | 3 Comments

24 June 2011

PSEi 4,291.44. A solid 50.30 point gain today. Finally, there is one stock pushing new medium- and long-term highs on good volume. PX gained 9.4% today. What’s the deal on Philex? http://www.bloomberg.com/news/2011-06-24/philex-advances-to-record-on-outlook-for-borrowing-costs-1-.html http://www.manilastandardtoday.com/insideBusiness.htm?f=2011/june/23/business2.isx&d=2011/june/23 Price up on good news is a … Continue reading

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

12 May 2011

I was happy to see trading resume in MA, LC and PX. For the fundamental investors out there, you may want to study the impact of recent developments on these three: http://www.pinoymoneytalk.com/lc-px-ma-mining-shares-trading/ Check with the PSE or your stock broker … Continue reading

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

11 May 2011

I upgraded LCB to an Uptrend last April 4, while PX was upgraded to the same bullish status last April 11. Although currently suspended along with MA, I hope you’ve benefited from owning these mining bets. At the beginning of … Continue reading

Posted in Philippine Stock Market | Tagged , , , , , , | 2 Comments