Trader's Logbook

PUREGOLD PRICE CLUB, INC. – Yesterday’s action was not that impressive for PGOLD but it seems our price is slowly moving upward. Fundamentals of this stock is still intact. Recommended for mid- to long term hold.

Manila, Philippines – Food and beverage company RFM Corp. reported a 42 percent jump in net earnings during the first half of the year to P302 million, on the back of a 16 percent rise in sales. In a disclosure to the Philippine Stock Exchange, RFM said sales reached P5.3 billion as most of its [...]

As of yesterday, FAMI SALEF is still in a downtrend but might pick its price up in the next few days to weeks since we have both positive outlook from EU and US. Although the most important thing that must happen is for our local market to go up since most of our fund are [...]

DOW was up by 3 digit but traders were not happy because it didn’t affect 2nd and 3rd liner stocks. We saw some blue chip companies went up like ALI, MER and SM as what I expected that big companies will be the first to move after the good news from EU market. Happy weekend [...]

10:03 Wasn’t able to be here on the opening because of some things I need to do. So far CPG is doing good 10:06 Will ELI hold its ground? It is now at 0.90 up by 2 notches from yesterday 10:32 It seems that the rally is a short-lived one 10:36 16 minutes have passed [...]

Good news we might see some light at the end of the tunnel we are in right now. With some current positive outlook from EU, as long as this will hold, we will see some local stocks awaken from its long slumber. With some of our blue chip companies’ prices now at bottom or near [...]

If you have ACE (ACESITE (PHILS.) HOTEL CORP.), you might be wondering if you are going to fold or hold. Well, today’s candlestick seems to suggest a trend reversal from bearish. At the end of the downtrend we see a doji. Doji has a medium reliability when it comes to trend reversal indicator but still [...]

CPG’s second attempt to breakout from the triangle. Its previous attempt was last July 13 when it close 4.86% to 1.51 Today it close 3.45% to 1.50 Comparing the volume of the two breakouts, today is 2 times higher. Prepare for take off.. if it will

Bearish Shooting Star candlestick yesterday was followed by a big red candle on today’s closing. Not a good sign. With the JV news already considered old, our only catalyst is the SRO which doesn’t have the approval yet. Does this mean the big houses are already tired of waiting?

PUREGOLD PRICE CLUB, INC. – Price action of PGOLD today is not that impressive but at least it bounced from the 23.6% fibo retracement level. Trade was heavy at prices 25.6, 25.65 and 25.75. Last time it went below 23.6% was on May 16 when the price went to 21.60 before it went up 29.5 [...]

Breaking News: DIZON is in coma. Please pray for its fast recovery.

Today’s market is not bullish but I think its better than previous days. Hopefully we will have a better market tomorrow before the week ends.       # Stock Code Last Change %Change Value 1 KEP 2.5000 0.4100 19.62% 175,030 2 JOH 3.7000 0.5000 15.63% 444,650 3 UNI 0.2700 0.0350 14.89% 59,820 4 ATNB [...]

With US market up with 2 digits is it enough to propel our local market? Will traders buy the idea that we are bullish? Or is it time for us to find an exit door? Let the game begins!               9:30 CPG! 9:34 MACQ in the house for CPG [...]

Do you think this news will pump up the price again? Yesterday we haven’t seen SEVN doing some movement as it only have 5.8K volume which is very insignificant figure. Let us see how this news will attract traders today. MANILA, Philippines – Philippine Seven Corp. is raising its capitalization to P600 million from P400 [...]

We might have a trend reversal tomorrow but needs confirmation by having a gap down or large red candlestick. KINGS we need your help! Don’t let the shooting star reverse the course to piso. Caveat.

For those holding MEG for a couple of days or weeks already, your patience might have just been paid off. We have a bullish breakaway. If there is a good news, which I have know knowledge yet, it will be an additional catalyst for this to move north

# Stock Code Last Change %Change Value 1 EVER 0.2030 0.0410 25.31% 3,383,130 2 ATNB 2.6700 0.3300 14.10% 280,610 3 JOH 3.2000 0.2500 8.47% 883,210 4 KEP 2.0900 0.1500 7.73% 187,600 5 RLT 0.4700 0.0300 6.82% 14,100 6 PRMX 3.5600 0.1600 4.71% 365,240 7 MEG 2.2300 0.1000 4.69% 320,952,060 8 GLO 1,235.0000 55.0000 4.66% 70,544,230 [...]

MANILA, Philippines – Philex Petroleum, a wholly-owned subsidiary of Philex Mining Corp., posted a net loss of P80.49 million in the first half of the year, due to the temporary suspension of production at the Galoc oil field. Philex Petroleum swung to a loss this year compared to a profit of P523.09 million during the [...]

With DOW still in red, what will be the movement of our stock market? ELI might gap up at the opening with 0.93 Still 28 minutes to go before the bell. It might change. 9:30 ELI opened in orange. No changes. 10:15 So far so good. My portfolio is inching up. Is it the last [...]

SAN FRANCISCO (MarketWatch) — Apple Inc. posted a sharp gain in earnings for its third fiscal quarter on Tuesday afternoon, but the company missed Wall Street’s targets as sales of the iPhone fell 26% from the previous period. http://www.marketwatch.com/story/apple-misses-estimates-as-iphone-sales-fall-2012-07-24?dist=tbeforebell               Is PSE going to be affected with DOW’s drop? [...]