Trader's Logbook

PXP – Philex Petroleum Corp I will use the chart I presented yesterday and add today’s candlestick . I am still on accumulation stage for this stock. Better than BSC because of Kings that is unloading. I am giving PXP this week to see if this will really break and give me mo money lol

LC – Lepanto Consolidated Mining Company Very interesting price movement for LC today as it closes in a Doji (meaning its price opened and closed on the same amount). What interests me is the way the bulls holds against the bears. Despite the postponement of the release of the EO that traders been waiting, the [...]

# Stk Code Last   Change %Change Volume 1 ATN 2.3900 0.5200 27.81% 1,018,000 2 HP 2.1900 0.3700 20.33% 268,000 3 ALHI 24.0000 4.0000 20.00% 15,400 4 SPC 5.3000 0.6000 12.77% 109,000 5 IPO 6.2000 0.6000 10.71% 44,600 6 I 2.7800 0.2100 8.17% 1,237,000 7 APM 0.0160 0.0010 6.67% 1,500,000 8 MA 0.0690 0.0040 6.15% [...]

Today I will monitor PXP and BSC and any other stocks that will pop up on our FB group. 9:20 Post a buy @ 39.30 for PXP 9:30 Wasn’t hit. 9:40 DIZ is still looking good but be cautious CAL is looking good as well. One of the top gainers so far. BSC still at [...]

Lepanto Consolidated Mining Company (LC) Last June 11 we saw a doji candlestick on top of the uptrend and onward from that date we saw LC went down for a total of 4.9% over 3 days before changing trend again. Last Thursday’s candlestick is another doji which indicates a trend reversal and this was confirmed [...]

PXP (PHILEX PETROLEUM CORPORATION) Time to accumulate? With price moving sideways inside ascending triangle we might see a price breakout soon. Try to accumulate shares at this level but only at your comfortable price. Always remember to spend an amount you are willing to lose.

April was a good month for me when I got a good gain courtesy of PXP (PHILEX PETROLEUM CORPORATION) at the last week of that month. May was as good as April when I got a good gain from CAL (CALATA). I was hesitant to subscribe during IPO because I thought it is more of [...]

# Stk Code Last   Change %Change Volume 1 LSC 1.8900 0.5900 45.38% 60,000 2 MJIC 5.0000 0.5000 11.11% 20,000 3 MEGW2 1.2000 0.1000 9.09% 1,000 4 APC 0.6800 0.0500 7.94% 11,000 5 DIZ 37.5000 2.5000 7.14% 2,515,300 6 APX 5.2500 0.3300 6.71% 1,067,000 7 AMC 18.0000 1.0000 5.88% 6,000 8 BSC 0.2750 0.0150 5.77% [...]

Calata For the past 3 days Calata always closes below the opening price but not on the fourth day. Its almost a doji but it closes above the opening. What does this mean? Does it mean there will be a reversal on Monday? An uptrend that everyone is waiting for especially the ipits? Another good [...]

U.S. stocks recoup a portion of the hefty losses from the previous session as investors cheered news the ECB would ease collateral for banks.

Friday is considered by most traders as the day when traders keep their portfolio low and be liquid for the rest of the weekend. Mixed emotions for today. First we have a rally yesterday because of the anticipated EO that will come out today. My vibes tell me there is good news on that EO. [...]

CAL (CALATA) has been down for 3 consecutive now and no sign of a rebound yet. Did the campers eventually abandon this stock? I think nobody has been catching falling kNIEVES this time. For the meantime forget about CAL and go somewhere else. This stock is not good for your heart. For the TA, I [...]

MARC (Marcventures) After a long consolidation from this stock, I think its about time this will go up. Today’s price action and volume speaks so much about this stock. Will there be a rescue mission for those ipits at 7-8? Hopefully the EO (to be released on FRIDAY) will make the mission possible.  

SMPH The gap down at the opening wasn’t that big for the bears to overun the bulls. Half of the morning session was for the bears but after that until the closing, it was the bulls that won. As stated on yesterday’s TA, this might form wave 3 which is just what is about to [...]

DIZ (DIZON COPPER SILVER MINES, INC) We have seen most of mining stocks went up, DIZ at the forefront. From my TA, it has just broken from the triangle with a very significant volume. Is this price-action and volume at its best? Mining stocks were in speculative play today (at least for me) because of [...]

# Stock Code Last Change %Change Value 1 JOH 2.9800 0.9000 43.27% 128,590 2 MIHB 2.4800 0.6600 36.26% 99,540 3 MIH 2.2500 0.4300 23.63% 1,426,390 4 DIZ 35.0000 4.0500 13.09% 53,815,085 5 MEGW2 1.1000 0.1100 11.11% 330,000,000 6 CPM 1.5400 0.1400 10.00% 129,340 7 GEO 0.7400 0.0500 7.25% 11,320,140 8 HI 4.4600 0.2400 5.69% 34,190 [...]

6:46 DOW is down just a bit. Gold is down but still at 1600 level. Oil too is down, how will it translate to prices of PXP and OV? 7:23 Odyssey Funds of BPI Asset Management has PXP with 9.43% allocation as reflected on their Fund Fact Sheet May 31, 2012 https://www.bpiassetmanagement.com/upload/files/bpi-investment-funds/odyssey-philippine-high-conviction-equity-fund-fpr/OdysseyHCEF_May2012.pdf 7:35 For AAA (ASIA [...]

The bearish sentiment yesterday (reflected as dragon doji) was not enough to reverse the trend as we have seen today with OV. Does the ASM this afternoon fueled the price to rally? Price today almost reach the highest price with just 0.001 difference. Will the uptrend continue for the whole week?

SMPH Holders received their cash and stock dividend today. I was expecting the price to close above 14 but instead it closes @ 13.18 with 1.85% increase. Today’s candle formed a doji which is a reversal indicator. Although it needs a confirmation of a gap down or red candle tomorrow, still one should be careful. [...]

# Stk Code Last   Change %Change Volume 1 ACE 5.6900 1.5300 36.78% 2,297,000 2 UNI 0.2450 0.0350 16.67% 750,000 3 ECP 3.8000 0.5400 16.56% 23,000 4 CAT 17.0000 2.0000 13.33% 100 5 EVER 0.1700 0.0150 9.68% 50,000 6 APC 0.6900 0.0600 9.52% 116,000 7 ELI 0.7700 0.0600 8.45% 55,099,000 8 ABG 22.3500 1.4000 6.68% [...]