Archive for May, 2011

PSEi Outlook for May 30 – June 3, 2011

Friday, May 27, 2011 21:58 No Comments

The Philippine Stock Exchange Index (PSEi) looked bad as it was falling back to 4170 but it has been able to keep things as they were by closing the week at 4274.  Last week, we saw that the index was triangulating and it was possible for it to move higher.  But that wasn’t the case [...]

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PSEi Outlook for May 23 – 27, 2011

Friday, May 20, 2011 19:33 No Comments

For the whole month of May, the Philippine Stock Exchange Index (PSEi) has been consolidating in a symmetrical triangle and it looks like this is not yet over.
What we’re expecting is that the index would just be pausing in the recent uptrend experienced in March and it would continue the trend a little later on.  [...]

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PSEi Outlook for May 16 – 20, 2011

Saturday, May 14, 2011 12:18 No Comments

The Philippine Stock Exchange Index (PSEi) had performed as expected after hitting the support of the upward channel last week.  We expected that this support would now hold and that the index would move higher from that area.
Due to the past quarter’s performance, the moving averages have already set themselves up in the bullish order.  [...]

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Is SM Prime Holdings, Inc. (SMPH) In Trouble?

Saturday, May 7, 2011 23:31 No Comments

Are the bears about to take control of the shares of SM Prime Holdings, Inc. (SMPH)? I am confronted with this question now because it appears that SMPH is indeed primed (no pun intended) for a major correction in the near term.
In my opinion, there is a good [...]

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PSEi Outlook for May 9 – 13, 2011

Friday, May 6, 2011 18:17 No Comments

The Philippine Stock Exchange Index (PSEi) had a meltdown of sorts in the last few trading days and even tested the support of the upward channel before bouncing off that area to close at 4219 for the week.
It was only very recently that the moving averages corrected to reflect the bullish trend in the index [...]

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