Archive from July, 2012
Jul 10, 2012 - Top Gainers / Losers    No Comments

Philippine Stock Market July 10, 2012 Top Gainers/Losers

# Stock Code Last Change %Change Value 1 LMG 2.4000 0.8000 50.00% 35,388,920 2 ABG 37.5000 3.9000 11.61% 23,405,965 3 IS 0.0550 0.0050 10.00% 54,750 4 MIH 2.5000 0.1800 7.76% 36,600 5 CMT 1.9100 0.1300 7.30% 86,019,020 6 GREEN 0.0150 0.0010 7.14% 133,400 7 OM 0.7600 0.0500 7.04% 27,360 8 CAT 15.0000 0.9800 6.99% 66,000 [...]

Jul 10, 2012 - Daily Routine    No Comments

A blessing in disguise?

Another day of trading. Yesterday most stocks went down especially mining stocks. Is it a blessing in disguise for those who had a hard ball and bought some stocks? 9:30 DIZ is up while LC is down. CAL is up 9:37 So much up and down for DIZ 9:47 LC is down 1.37 now MACQ [...]

Jul 9, 2012 - News    No Comments

Calata eyes new technology for fruit-vegetable venture

CALATA Corp., a listed agribusiness firm, is expected bring in Israeli technology as it expands into fruits and vegetables following a recent meeting between its executives and Israeli Ambassador Menashe Bar On. “It was agreed that the Israeli government shall fully support Calata Corp. in its objective and agreed to explore the possibility of bringing [...]

Jul 9, 2012 - BEL, Stock Analysis    1 Comment

The BEL is ringing… but out of tune!

Bel’s Bearish Engulfing Pattern that we have seen last Friday which suggests a trend reversal was confirmed today when the price declined by 1.56% to 5.06 There is a gap at 4.8 – 5.0 Will it go down to close the gap before going up again?

Jul 9, 2012 - PGOLD, Stock Analysis    No Comments

PGOLD over-valued?

At the top of the uptrend, this stock is RISING WEDGE (bearish). Is this an indicator that PGOLD will now dive? Did citisec just tell us to lighten up your position on this stock? A strategy that investors can employ to enhance returns is portfolio rebalancing. You may reduce your position in stocks that have [...]

Jul 9, 2012 - DIZ, Stock Analysis    1 Comment

Still need more patience on DIZ

Friday’s movement for DIZ gives us a good chance of breaking the resistance but today there seems to be an equal chance that it will break the support (going down) or break the resistance (going up). Overall, this is still in consolidation mode inside the rectangle.

Jul 9, 2012 - LC, Stock Analysis    No Comments

LC turns sour

LC turns sour Our positive outlook for mining, specifically on LC/B was cut short. LC went up as high as 1.5 but stayed there for a few minutes. It stayed most of the time at 1.44 but dipped to 1.39 until closing. The EO for mining wasn’t that good as speculated. So what does our [...]

Jul 9, 2012 - Top Gainers / Losers    No Comments

Philippine Stock Market July 9, 2012 Top Gainers/Losers

# Stock Code Last Change %Change Value 1 GPH 40.0000 7.0000 21.21% 12,000 2 SPC 6.2000 0.9400 17.87% 838,110 3 PRMX 4.0000 0.5000 14.29% 3,984,420 4 PRIM 1.4800 0.1600 12.12% 14,800 5 SEVN 61.7000 4.2000 7.30% 7,852,485 6 FJP 2.9500 0.2000 7.27% 19,750 7 SMB 33.0000 2.0000 6.45% 14,053,880 8 JTH 2.6300 0.1300 5.20% 21,040 [...]

Jul 9, 2012 - Daily Routine    No Comments

Miners’ EO

With so much buzz about the EO to be discussed this afternoon, some traders/investors have already positioned themselves last Friday. Will there be another rally today for the latecomers? 9:30 Strong opening. LC now at 1.5 BEL is up. CAL is up 9:45 ABG going down a bit. BLOOM is still going up. CAL is [...]

Jul 8, 2012 - DIZ, Stock Analysis    No Comments

Feeling DIZzy now?

Still in consolidation mode but the trend inside the rectangle is looking good. We might still see some little red candles but this week might be the week we are waiting for. Patience brothers! On second thought, EO has been signed so this may cut short its trip and zoom zoom zoom!

Jul 8, 2012 - MARC, Stock Analysis    No Comments

MARC’s Venture

Although it went up a little last Friday, the whole picture still suggest a downtrend for now after the Doji last July 4. There might be a spike on price but I do not think it will be worth your time and money for the time being. Lets just wait and see for the next [...]

Jul 8, 2012 - CAL, Stock Analysis    No Comments

Still CALibrating

Cal went up yesterday but I think it is still within the consolidation mode range. Maybe the spike was bought by the news about the CAL board meeting. They will have their first ASM on August 31. No significant candlestick or pattern I could see on CAL so I think it is still doing some [...]

Jul 8, 2012 - LC, Stock Analysis    1 Comment

LC = Long Consolidation

There is no significant pattern that we can derive from LC/B but there is one principle we can rely on and that is Price-action Volume 3 day ascend. The difference between July 5 and 6 volume is too wide I don’t think we can consider July 6 as second day ascend. Also, it was on [...]

Jul 8, 2012 - News    No Comments

GIR hits $76.283B

Manila, Philippines –  The country’s gross international reserves stood at $76.283 billion as of end June, according to data from the Bangko Sentral ng Pilipinas (BSP). This was a slight increase over the end-May foreign reserves of $76.082 billion. “The increase in the reserves level was due mainly to inflows from the central bank’s income [...]

Jul 8, 2012 - News    No Comments

Is Miriam hyping for Oil?

Manila, Philippines –  Despite its posturing in the West Philippine Sea (South China Sea), China will eventually settle for joint exploration in areas over which it is squabbling with some of its smaller neighbors including the Philippines, Sen. Miriam Defensor-Santiago said yesterday. Santiago said it has always been China’s tack to avoid direct confrontation with [...]

Jul 8, 2012 - BEL, Stock Analysis    No Comments

The BEL is ringing.. for what signal?

With a big news about casino, many people wanted to ride the bandwagon last Friday. There was an hour suspension for the BEL stock but when it was lifted, BEL went down instead of going up. Was it because of Profit Taking Friday or sell on news? Maybe! But let us try to check our [...]

Jul 7, 2012 - News    No Comments

New mining policy signed at last

Palace keeps details of EO 79 until  Monday President  Benigno Aquino III has signed Executive Order No. 79 spelling out his administration’s policy on mining and will present it on Monday, a Palace source said Friday. Presidential Communications Secretary Ramon Carandang would not confirm the signing of the much-awaited policy, but he acknowledged that the [...]

Jul 6, 2012 - Top Gainers / Losers    No Comments

Philippine Stock Market July 6, 2012 Top Gainers/Losers

# Stock Code Last Change %Change Value 1 MHC 0.4950 0.0650 15.12% 9,450 2 ROCK 3.5500 0.4100 13.06% 4,415,120 3 EURO 2.2000 0.2000 10.00% 14,800 4 MAB 0.0780 0.0070 9.86% 16,435,100 5 PCKH 11.3600 0.8600 8.19% 2,272 6 SEVN 57.5000 4.3000 8.08% 5,529,748 7 LC 1.4700 0.1000 7.30% 145,477,520 8 IPO 6.7000 0.4100 6.52% 324,450 [...]