Trader's Logbook

So here we have the final 10 of the companies that didn’t comply with the minimum public float of 10% Alphaland Corp – 8.03% PAL Holdings Inc – 2.3% Allied Banking Corp – 2.3% PNOC Exploration Corp – 0/21% San Miguel Brewery, Inc – 0.61% San Miguel Properties, Inc – 0.06% Philcomsat Holdings Corp – [...]

US stocks pared losses on optimism budget deal will be reached. Germany’s DAX is on course to complete best year since 2003. Gold undergoes some selling amid concerns on “fiscal cliff.” MAKE, MPI, MPI, SMC, MWIDE, SM, TEL, VUL, Banking, Tourim, Budget Deficit. International U.S. stocks pared losses as the House of Representatives was said [...]

We are now on our last trading day of the year. What stock will make our trading memorable today? Will there be high fives or “sorries”? I will monitor PHES and BHI. This is also the last day given by PSE for those companies whose public float if below 10% so be careful. 9:30 CAL [...]

9:41 MMI is at the top. CMT in red 9:48 BLOOM goes backwards 10:16 35% of the traded volume goes to 6.50 for MMI 10:20 PHES looks good candlestick wise 10:21 MMI now at 6.70 10:26 CAL is very silent for the past few days now 10:32 MMI retraces. Now at 6.45 11:02 MMI now [...]

US stocks fell as lawmakers prepared to resume budget talks. APM, TA, PERC, BDO, BLOOM, FOOD, GLO, MER, MIH, PX, Banking Property, BPO, inflation, NDF, BSP, Market Outlook. International U.S. stocks fell for a third day as lawmakers prepared to resume budget talks and retailers slumped after the Christmas holiday. The Dow Jones industrial average [...]

I wasn’t able to monitor much of yesterday’s trade but saw in the morning how CMT went up and traders took a roller coaster ride when it reached 25-40% MMI was in red in the morning but was able to turn green. BLOOM went up as high as 4% but settled lesser than that during [...]

9:30 CMT opened strong. 9:43 PHES on green. CMT still at the top 9:44 ABS in green bu slow at this point VITA advances, now at .98 but only 3 trades so far 9:46 CMT retraces. Now at 28% VITA back in red 9:49 Only 1 trade for BHI at this point 9:50 PHES still [...]

US stocks fell on concerns that lawmakers will fail to agree on a budget by the end of the year. China Forex Manager expects US to be “bright spot” in 2013, but “not optimistic” for Europe, Japan. AGI, ALI, RLC, AP, APM, BLOOM, CYBR, DNL, GLO, MER, PSE, AB, 2GO, VVT, SGP, IMI, TEL, BDO, [...]

Another good reason for AP investors to hold into their shares (and maybe add more). MANILA – The joint venture of SN Power Invest AS of Norway and Aboitiz Power Corp plans to put up run-of-river hydropower plants. Emmanuel V. Rubio, SN Aboitz Power Inc (SNAP) president, said the company plans to put up new hydro [...]

Last Friday, the market was a little bit quite as traders prepare for the Christmas holidays. But CMT caught the eyes of some traders. It went ceiling following the news about dividend? or something is brewing? But CMT management disclosed they don’t have any idea why the rise happened. PHES on the other hand dismayed [...]

U.S. stocks rose as fiscal cliff negotiations continue. GLO, MCE, MIH, BEL, MPI, MVP & Cavitex, PNB, RCB, TSI, RLC, JGS, ELI, VLL, Banking, Infrastructure, Mining, S&P rating upgrade, budget deficit, ETF. International U.S. stocks rose, with the S&P500 500 Index rebounding from its biggest drop in 5 weeks, as fiscal cliff negotiations seem to [...]

Today we may see traders taking profit. 9:37 AAA, MMI, VVT on green side 9:38 CAL in red but not that much. Lets see if current range will be guarded by the bulls. 9:42 VVT has been frozen. 9:51 Looks like a roller coaster ride for TSI 9:57 PHES is still weak at this time [...]

PHES may look weak at this time as we see large red candlestick after another. But this is now a good time to give more time to watch PHES and to wait for a good reversal signal. RSI is also near oversold level. It may not yet a time to buy as the bleeding might [...]

PGOLD‘s price is in a generally downtrend. Today it close -2.12% to 32.30 per share. Seeing the price going below the middle band and finding support near 32 as of now. Will the support going to be strong enough or more dips will come now that it cuts the middle band? Current candlestick formation don’t [...]

Is LR going to confirm its bullish trend on weekly chart by passing through the middle band and staying there this week? There seem to be a slowly by surely move by LR but that is still have to be confirmed tomorrow. Candlestick is a White Closing Marubozu which is a continuation pattern but could [...]

A potential breakout for ABS as we see its price move from below to above the middle band. Also a symmetrical triangle formation has been formed and price may break the upper slope (resistance). We also observed a decline in volume. As the symmetrical triangle extends and the trading range contracts, volume will start to [...]

CAL bulls were trying to build its strength at the support line. I think they were successful even if it went down by -1.47% MMI went up big time the second day and I was glad to hitch a ride. VVT went up. Any rumor? Check the top gainers and top losers of today’s market. [...]

U.S. stocks fell on deteriorating federal budget negotiations. BOJ expected to increase asset-purchase program. BCOR, FEU, ICT, MVP and Philippine Star, PHA, STI, URC, Energy, Banking, Peso, World Bank on GDP. International U.S. stocks fell, pulling the Standard & Poor’s 500 Index down from a two-month high, as deteriorating federal budget negotiations fueled concern that [...]

Blues or Basura? Which one will rise today? Two days to go before the weekend! 9:30 CAL starts low 9:40 EVER having a hard time breaking 0.4 9:47 PHES is not moving. Last trade was 12 minutes ago 9:51 STI’s bid side is thin 10:05 Very slow movement from CAL 11:05 STI is up by [...]

All of the sudden TA move from 1.13 to 1.16 at 3:20 this afternoon. Is there something brewing? Looking at the chart, price close above the upper band of Bollinger Band. A move like this could be dangerous as we usually see a big test of support/s if we see a large green candlestick. Be [...]