The Philippine Stock Exchange Index (PSEi) is holding its own despite the sell off that’s happening in other global markets.  Our index is just moving sideways, hopefully to retest our highs and continue climbing to new un

The Philippine Stock Exchange Index (PSEi) had a bit of a reaction from all the bearish movements in the DJIA but has proved to be very resilient than we give it credit.  Although we finished the week at 4339, this is still above our immediate support of 4328.
Last week, we wrote the index stopped around [...]

The Philippine Stock Exchange Index (PSEi) had a bad reaction due to the DJIA’s big drop.  However, we were able to get some of our bearings back as the gap down was filled up almost immediately but the index got stopped going up.
When the index fell, it went through the 50, & 100-day moving averages.  [...]

The Philippine Stock Exchange Index (PSEi) has reacted just as pessimistically as other markets to the movement of the Dow Jones Industrial Average, as the index dropped by as much as 159 points in the middle of the last trading day.
The drop was quite big but the 50-day moving average was able to provide support [...]

The Philippine Stock Exchange Index (PSEi) has proven to be resilient as it came near our expected support area of 4464 before moving up higher to end the week at 4503.  A lot of people are getting concerned that the debt ceiling problem in the US would spill over all the global markets including us.  [...]

The Philippine Stock Exchange Index (PSEi) continues to make a lot of people smile as it has been making a new all-time high when it hit 4515.  It has corrected a bit from that level.
The moving averages and the MACD both continue to confirm the bullish sentiment in the market as both have been trending [...]

The Philippine Stock Exchange Index (PSEi) gave us a bit of a scare when the week started as it neared the support of 4328 and it bounced from that point to rise to its new all time high of 4458.
The moving averages are already set up in the bullish order so it would confirm that [...]

The Philippine Stock Exchange Index (PSEi) gave us a good show last week as we were able to reach new all time highs.  Traders were very bullish with our index that as early as last week, many already knew we were at the start of another bull run when the index broke the resistance of [...]

The Philippine Stock Exchange Index (PSEi) has broken the resistance of the cup & handle that we were monitoring at 4328 by ending the week at 4351.
If we notice how the index has fared together with the moving averages, the past 6 trading days has shown us that the 50-day moving average has held up [...]

The Philippine Stock Exchange Index (PSEi) bounced off recent lows which we thought were a break of our support and has now climbed higher to approach our resistance at 4328.
Our own market has shown some resiliency that we didn’t imitate what the Dow Jones Industrial Average was doing but rather we’re now marching to the [...]