Trader's Logbook

US stocks rose on better-than-expected mfg data, Stress to Europe banks less than est. TEL, GLO, PCOR, PX, Energy, Interest Rates, Indonesia Mining Laws. International Dow Jones               13,437.13      -0.36% S&P 500                    1,440.67        -0.45% Nasdaq                     3,116.23        -0.65% PHI                             66.01              -0.23% EPHE                         30.64              +0.11% FTSE 100                  5,820.45        +1.37% CAC [...]

PSEi closed near low at 5,308.52, -37.58 pts. or 0.70%, still holding above initial support of 5,300. Weak mfg data from China, Japan. Positive stress-test results in Spain. ABS, ALHI, MRC, PAL, PF, SMC, SPH, STI, Telecoms The PSEi ended close to its low for the day at 5,308.52, down 37.58 pts. or 0.70%, still [...]

US markets cap biggest weekly slump since June. Spain banks capital deficit less than est. AP, CEB, CPG, RFM, FGEN., SFI, VLL, ROCK, PSE, Banking, Manufacturing, MER, Construction. International Dow Jones               13,437.13      -0.36% S&P 500                    1,440.67        -0.45% Nasdaq                     3,116.23        -0.65% PHI                             66.01              -0.23% EPHE                         30.64              +0.11% FTSE 100      [...]

On Sept. 28, Friday, Q3 came to a close with the PSEI at 5,346.10 +44.61 pts. or 0.84%. Asian markets also rallied, with the exception of the Nikkei which declined on concerns about falling revenues for Japanese companies in China, amid territorial dispute tension, outweighing the optimism due to Spain’s new economic reform plans. Notable [...]

US stocks advanced as Spain released its 2013 budget, pledging cuts; speculation that China will implement more stimulus. AEV, AGI, MPI, PIP, PX, SPC, VLL, Mining, IMF. International Dow Jones               13,485.97      +0.54% S&P 500                    1,447.15        +0.96% Nasdaq                     3,136.80        +1.39% PHI                             66.16              +0.76% EPHE                         30.53              +0.48% FTSE 100                  [...]

The PSEi edged up by 8.86 pts. or 0.17% to 5,301.49 as Q3 comes to a close tomorrow. Gaming companies in focus. BEL, LR AGI, BLOOM, FGEN, HI, MER, PGOLD, PIP, PX, RFM, RCB, SMC, SMPH, SPC, TDY, TOL. Tourism, Mining, Inflation, GDP. Our Outlook: PHL in the Bright Economic Spotlight. The PSEi edged up [...]

US stocks decline as focus returns to Greece, Spain. BRN, Coal Asia, GLO, GMA7, MEG, PNB, ABC, PX, SMC, VLL, SMC, Investment Grade. International   Dow Jones               13,413.50      -0.33% S&P 500                    1,433.32        -0.57% Nasdaq                     3,093.70        -0.77% PHI                             65.49              -1.25% EPHE                         30.05              -0.79% FTSE 100                  5,768.09        -1.56% CAC [...]

PSEi slips for second day closing at 5,92.63, down 32.54 pts. or 0.61% with  Holdings leading the decline by 1.28%, followed by Property by 1.19%. Bucking the trend were Industrials +0.02% and Financials +0.27%. JGS, ATI, IMI, MER, PNB, PSE, PXP, SLI, TDY, ETFs, BOP, FDI PSEi slips for a second day closing at 5,92.63, [...]

US stocks decline as global economic slowdown concerns overshadowed positive U.S. housing market, consumer confidence reports. S&P cuts euro growth forecasts. TDY, LRT 1, PPP, Infrastructure, Mining – Nickel, Telcos. International Dow Jones               13,457.55      -0.75% S&P 500                    1,441.59        -1.05% Nasdaq                     3,117.73        -1.36% PHI                             66.23              -0.35% EPHE                         30.29              -0.88% [...]

PSEi closed at 5,325.17, marginally lower by 0.43 pt. or 0.01%. Sectors were mixed with Property -1.65% declining the most. BDO, ABC, GLO, MJC, MWC, PGOLD, PX, ROX, WEB, SM, AT, TOL, VLL. Infrastructure, REIT, PHL to sell P60B bonds in Oct., Follow-up on plunder rap on RSA, RVO. PSEi closed at 5,325.17, marginally lower [...]

US stocks fell as Germany, France, disagreed on the timing of a banking union; China, Germany data signal deepening slowdown. MER, PHES, PX, TDY, Banking, Mining. International Dow Jones               13,558.90      -0.15% S&P 500                    1,456.89        -0.22% Nasdaq                     3,160.78        -0.60% PHI                             66.46              -0.84% EPHE                         30.56              +0.69% FTSE 100                  5,838.84        -0.24% CAC 40                      3,497.22        -0.95% DAX                            7,413.16        -0.52% Oil ($/barrel)             91.52              -1.37 Gold ($/t oz.)             1,759.50        -18.50 Copper ($/lb.)           3.7068           0.0522 Nickel ($/ton)           8.0897           0.0854 US stocks fell as European leaders clashed [...]

US stocks broke 2-week winning streak, WoW, Dow & Nasdaq -0.1% and S&P -0.4% on worries of a slowing global economy. WTO cut trade forecasts. Worries of the impending “fiscal cliff” on Dec. 31 has worried investors and has lawmakers coming up with a possible delay tactic. ABS, BDO, RCB, CAL, Coal Asia, CSB, PNX, [...]

Most US stocks fell amid data spurring concern of a worsening global slowdown. AC, BRN, MER, MPI, PEC, SVN. Mining, Energy, Foreign investment commitment. International Dow Jones               13,596.90      +0.14% S&P 500                    1,460.26        -0.05% Nasdaq                     3,715.96        -0.26% PHI                             67                   -0.77% EPHE                         30.28              -0.56% FTSE 100                  5,854.64        -0.57% CAC [...]

U.S. stocks rose in lackluster trade reacting to BOJ stimulus measure, net positive home sales report, decline in oil prices. ICT, ICTV, MER, MWC, MPI, DMC, RLC, TA, TEL. BOP surplus, BSP losses. International Dow Jones               13,577.96      +0.10% S&P 500                    1,461.05        +0.12% Nasdaq                     3,182.62        +0.15% PHI                             67.52              -0.67% EPHE                         30.45              [...]

The PSEi tempered losses closing at 5,317.03, down 14.10 or 0.26%. Regional markets rallied on news of BOJ’s stimulus expansion. Fresh 52-week highs PEC 75, EEI 8.10, ALI 24.35, FOOD 1.84, LAND 3, VLL 4.81, FGEN 19.46, CHIPS 11.94. BCB, FLI, ICT, JTH, OceanaGold. The PSEi tempered losses closing at 5,317.03, down 14.10 or 0.26%, [...]

PSEi -19.77 pts. or 0.37% to 5,331.130 as regional, European shares declined as focus turned from stimulus to Spain’s hesistance for aid. AGI, AT, FOOD, JFC, MWC, NI, DIZ, ROX, STAR, TDY. Following a pause in US markets after the QE-inspired rally, the PSEi declined by 19.77 pts. or 0.37% to 5,331.130. Regional markets were [...]

Investors take step back after QE3 rally, NY-area Mfg reports slump. Ahead, housing reports. BC/B, Coal Asia Holdings, FOOD, Mining, Infrastructure, Economy Outlook. International Dow Jones               13,553.10      -0.30% S&P 500                    1,461.19        -0.31% Nasdaq                     3,178.67        -0.17% PHI                             68.95              -0.02% EPHE                         30.50              -0.32% FTSE 100                  5,893.52        -0.37% CAC 40                      [...]

PSEi gains for 4th day, closing at 5,350.9, up 28.43 pts. or 0.53%, nears all-time high. BPI, CHIPS, CYBR, GREEN, MMI, VLL, Remittances, PHL Economic Outlook from mid-year briefing. PSEi vs. JKSE. The PSEi gains for the fourth straight session at 5,350.9, up 28.43 pts. or 0.53%, nearing record high of 5,403.16 posted on July [...]

Stocks end at multi-year highs as Fed announces QE3. WoW, Dow 2.15%, S&P +1.93%, Nasdaq +1.51%. AP, CAL, CPG, D&L Industries Inc., EDC, MAKE, MPI, DMC, RCB, SM, BDO, ACR, SMC, UBP. BPO, Banking – Loan Rates Feature Update: PX International Dow Jones               13,593.40      +0.40% S&P 500                    1,465.77        +0.40% Nasdaq                     3,183.95        +0.89% [...]

PSEi gained 2.33% WoW, 21.74% YTD. World markets gained on stimulus measures in Europe and US. “Ghost Month” comes to a close. Our Outlook. ALI, AC, AP, CPG, LC, PAX, PHA, Philippine Business Bank, RFM, SMC, SVN, SPH, TEL, UBP. Infrastructure, GDP, Manufacturing, Construction. PSEi surged 81.97 pts. or 1.56% to 5,322.47 on Friday. Week-on-week, [...]