Trader's Logbook

A doji especially at the bottom of a downtrend has a MEDIUM reliability that the trend will reverse. Will it happen to PGOLD. During the morning session PGOLD dip to around 6% from previous price but somehow bulls came to the rescue. With some news about the P26/share, will this dip down more? Watch out [...]

An interesting candlestick for today’s chart. The trend is down and today it gaps down with a hammer candlestick. Very interesting so I try to buy at 1.28. Speculative play. We still need to see confirmation tomorrow. The Hammer is a bullish reversal pattern that forms after a decline. In addition to a potential trend [...]

# Stock Code Last Change %Change Value 1 MIH 2.7800 0.3700 15.35% 1,666,800 2 CAT 17.0000 2.0000 13.33% 1,700 3 IRC 1.3100 0.1300 11.02% 6,891,090 4 SFIP 1.1400 0.0800 7.55% 77,480 5 GREEN 0.0150 0.0010 7.14% 7,136,300 6 H2O 2.4500 0.1500 6.52% 7,350 7 FMIC 84.9500 4.9500 6.19% 72,879 8 UPM 0.0190 0.0010 5.56% 30,700 [...]

Dow has been declining for a few days now and ghost month is near. Are you going to lighten?               Oil is little by little going up. Is it time to load up for OV and PXP? Will mining rebound? 9:28 Possible opening for PGOLD is 27.5 LC possible [...]

Felipe Yap a.k.a Lolo who is associated with broker 162 F. Yap Securities, Inc. is a former PSE chairman. His stocks includes LC/B and MA/B A little bit about F. Yap Mr. Felipe U. Yap has been the Chief Executive Officer and Chairman of Lepanto Consolidated Mining Co. since 1988. Mr. Yap serves as the [...]

JAP or Jerry Angping. Others consider him best money manager. He has a brokerage. His shares are ORE, NI, DIZ, LIHC, GEO among others. Here is a bit detailed information about him Mr. Jerry C. Angping has been the President of Lodestar Investment Holdings Corp. since April 13, 2011. Mr. Angping has been President of [...]

Are those traders who got panic and sold his shares. It will be mentioned especially when there is a sell-off and all small time traders are shaken out. After which the price will move north again. Sometimes ‘panikis’ hinders the price to go up immediately.  

My SALEF retreats a bit after last weeks rally. As of July 10, its has 19.54% YTD. NAVPS at 4.5107 As of July 6, 2012 the top equity holdings of SALEF are ORE, GTCAP, PSB, VLL, TEL, MPI, FMIC, ALI, SM, DMC  

Please be informed that our Executive Committee (ExCom) approved this evening the placement of 680,000,000 listed common shares of stock in our Company (the “placement tranche”), with par value of Php1.00 per share (the “ALI shares”), at a price of Php20 per share, and the issuance of equal number of new ALI shares (the “subscription [...]

Is it long overdue? From June 27 that it broke from its ascending triangle, the price has been consolidating above the support. It has been two weeks now. Basing on historical broker transaction (June 27 – July 11) MACQ have accumulated 960K shares at ave of 44.8 and haven’t sold any. Asiasec has bought 1M [...]

Inevitable correction as what it has shown few days ago. Now everyone is wait at 26.8 Basing on the bear flag formation, it broke the support and now is heading south. How deep will it be? Nobody knows but major support is at 26.8

# Stock Code Last Change %Change Value 1 FJP 2.8500 0.2500 9.62% 82,640 2 ACR 1.4400 0.1200 9.09% 45,267,840 3 FPI 0.2200 0.0180 8.91% 4,400 4 UNI 0.2850 0.0200 7.55% 697,000 5 WEB 13.2400 0.8200 6.60% 56,065,608 6 TOL 7.0000 0.4000 6.06% 87,500 7 IRC 1.1800 0.0600 5.36% 296,280 8 VVT 10.4800 0.4800 4.80% 100,798 [...]

Immediate major support for LC at 1.30 was almost breached at the closing today. If price will continue to go south, our next support will be at 1.19 Caveat!

Its now mid-week and I have not gained a lot yet for the week. Lets get it on! 9:30 Seems like a good start for DIZ. Will it break the resistance today? 40 on Friday the 13th? ABG starts with red. LMG went down big time! No LMG here. Another set of prisoners at 2+ [...]

MANILA – Foreigners flocked to the local equities market, as the Philippine Stock Exchange index rose by a fifth, making it Asia’s biggest gainer in the first half of the year. Preliminary data from the local bourse showed that foreign investors were net buyers of Philippine listed stocks in the amount of P71.12 billion, 382.30 [...]

The chances of pgold to go down is greater than the going up. The price today almost broke the support of the bear flag with a very thin volume. Correction for this stock is welcomed. If you are for short term, this stock is not for you.

Two days in a row CAL tried to break from the triangle but failed. Up projection is still intact and it may try to do a breakout tomorrow. Or will it break its support instead? Tomorrows resistance at 10.11 and 10.49 Support at 9.54 and 9.35

A good rally for DIZ today which closes 6.71% to 35.80 I am still thinking that this will break the resistance any time soon. The rectangle (continuation) pattern has been extended already and this is ripe for breakout. Volume is picking up again.

Are we seeing a flag formation here? From its pole we may say it will reach 5 pesos. Too good to be true? This is not for the faint of heart. Caveat!

For those who want to start the stock market but is cautious and want to be as conservative as possible, this list is for you. From Citiseconline, you can find recommended companies to buy stocks from. There are different sectors you can choose from like Banks & Financials, Commercial & Industrial, Conglomerates, Consumer, Telecoms and [...]