Trader's Logbook

Disclosure of CALATA today In compliance with the Philippine Stock Exchange (“Exchange”) Revised Disclosure Rules, please be advised that in Calata Corporation’s (“The Company”) Board of Directors Meeting held on July 19, 2012, the following matters were discussed and approved: a. Minutes of the last Board of Directors meeting; b. Setting the close of business [...]

Manila, Philippines – Shopping mall giant SM Prime Holdings Inc. will open today SM City San Fernando, its 44th shopping mall in the country which will add some 42,625 square meters of space to total gross leasable area. The seven-storey SM City San Fernando is SM Prime’s third mall in the province, after SM City Pampanga [...]

Although I was not expecting a lesser paper loss still the market is quite boring with only 1 stock make it above 10% gain. # Stock Code Last Change %Change Value 1 AMC 19.5000 2.4600 14.44% 261,200 2 LRI 8.8500 0.6000 7.27% 14,085 3 BMM 60.0000 4.0000 7.14% 18,000 4 GREEN 0.0150 0.0010 7.14% 305,000 [...]

I am not going to expect a lot today although US market is green 9:38 I am glad I sold my VITA yesterday 9:48 LC is up. LMG leads the top gainers 10:04 ELI at .88 now 10:06 ELI at .89 now 10:12 Volume of bid and ask for ELI seems to level out now. [...]

The usual move for SMPH is to break the 23.6% Fibonacci retracement when it retraces and then bounce after that. Will it happen again tomorrow or Monday? Let us see. Caveat!

If you look at PXP’s dips it usually just touch the 23.6% level of Fibonacci Retracement except last May 2 (after the rally) when it dip below 38.2% Will there be a repeat of the big dip or just the normal retracement? Your guess is as good as mine.

Latest trend in our market. A stock will gap up and close high then on the second day it will go down and whether you consider it dark cloud cover or not, I am not buying this stock for now.

Still no sign of reversal for MEG. It even broke the support at 23.6% level of Fibo retracement. As what I have previously posted that MEG is still in a downtrend

Angping defending DIZ not to fall below 30 is the top buyer at 31. The same figure has the highest trade price percentage. But tomorrow will be another battle. I will be looking at my other option if price will fall below 30

# Stock Code Last Change %Change Value 1 FPI 0.2800 0.0550 24.44% 1,492,250 2 CLOUD 2.4600 0.4200 20.59% 3,955,880 3 LAND 2.6400 0.1400 5.60% 52,640 4 CEU 10.4800 0.5200 5.22% 99,560 5 I 2.4700 0.1200 5.11% 147,490 6 T 2.2000 0.1000 4.76% 21,950 7 ALHI 22.0000 1.0000 4.76% 31,560 8 PNB 74.0000 2.5000 3.50% 13,060,998 [...]

              We are now in the middle of the week and all we see is blood spilled on the trading floor. Are we going to see the other side now? US market is showing a good sign. 9:30 Market open not so strong. DIZ, ELI, PGOLD, ABG are up [...]

If you check on the dips of PGOLD and apply fibo retracement you will notice that it will go near or touch the 23.6% level and then go up again. IMO, technically speaking the stock is still bullish until it breaks the 61.8%. But that is too far for PGOLD already. I think the worst [...]

We have seen DIZ in a downtrend for few days now. Support at around 29 – 30. If broken, then ito ay maging DIZgrasya! Watch the trend pointing down and approaching support line of the triangle.  

MEG’s price is down by 4.87% to 2.15 Ever since it showed us the shooting star we haven’t seen any candlestick that would indicate that the trend will be reversed. So I think it will continue to go down or maybe consolidation period is at hand.

Yet another boring trading day as a lot of favorite stocks fell down. This might be an opportunity to bottom fish on some stocks or avoid for now. # Stock Code Last Change %Change Value 1 MHC 0.5600 0.1000 21.74% 72,500 2 ICTV 0.4700 0.0600 14.63% 3,625,800 3 PCKH 11.0000 1.0000 10.00% 11,000 4 GREEN [...]

              I would like to think PSE will be bullish this time since it has been in red for few days now. 8:44 Morning coffee with breakfast on the table. Let’s see what is in store for us today. 9:09 In connection with the 1 for 4 pre-emptive stock [...]

MANILA, Philippines – Listed fruit and vegetable grower AgriNurture Inc. (ANI) said it failed to clinch a deal to take over bakeshop-restaurant chain Sugarhouse. “After conducting the legal, tax and financial due diligence, the parties failed to reach an agreement on the proposed acquisition of all the tangible and intangible assets pertaining to the operation [...]

FAMI Save and Learn Equity Fund (SALEF) is currently in consolidation after it reach 20% last July 6. SALEF’s portfolio includes stocks such as ORE, GTCAP, VLL, MBT, PSB, TEL, MPI, FMIC, SMPH and MER                     Source: http://fami.com.ph/

Was yesterday’s 1.31 the Last Call for LC before it will go down further? There is a big gap at 1.06 – 1.01 What is the chance of the price going down there? I think there is a big chance because I couldn’t see any good reason for it to go up.

Our market has been bearish for few days to weeks now. With usually only one or two stocks with gains above 10% How long are we going to see this? You guess is as good as mine. # Stock Code Last Change %Change Value 1 SPC 5.8500 0.5500 10.38% 24,048 2 AMC 17.0000 1.4600 9.40% [...]