Archive for September, 2009
The PSEi is listless and a lot of the traders are getting antsy. There are two things that stand out right now that makes me want to hang back and wait for the right time to reenter the market. First is that the intermediate support formed since March has already been broken since last week. [...]
Don’t be deceived by the sudden bullishness in the final hour of trading last Friday. It’s a relief package of sorts that really doesn’t help.
It was good for us to see the PSEi finally have a convincing green day the past week. Thursday was also green but what happened to the index that day was [...]
It seems a lot of traders are making good with our stock recommendations. The only thing we can say is, it’s time for some payback! Also, we would like to greet our friends from a certain brokerage house whose traders, we heard, have been raking in profits by following our recommendations. You know who you [...]
The PSEi is now struggling to keep its head above water. Unlike the US, we haven’t corrected much. But with the way things look, we could be seeing more of the correction.
If I didn’t know any better, I’d say that the index is now trying to form a short term double top formation that is [...]
I noticed last week that there were two issues that were moving up . The first one was PIP, which we won’t talk about. The second, is TUNA.
What I remember from this stock since it’s listing is that it has been on the downtrend. Even if its fundamentals are telling you a different story, the [...]
The past week was very kind to almost everyone who had positions in the PSEi. There was a massive increase in the index on Monday when it closed 139 points higher, or a 5.11% increase in its value.
This time not only one particular stock was pushing the PSEi but a host of other issues. Although [...]
After a few weeks of various stocks moving up, only two stocks that caught my attention still haven’t broken out:
Cut loss: 0.015
Cut loss: 0.016
A hold recommendation is given to ALI, MEG, FLI, CMT & PAX. That’s assuming you still have them.
Again, this is not a solicitation, this is the [...]