Trader's Logbook

Will there be rebound on mining stocks today as “P-NOY approved revision of mining IRR to address concerns of mining players. Mining IRR revisions cover expansion, expired tenements, grant of mineral agreements pending new legislation, public bidding of mining areas. But on the 25-year contract term provision, amended rules still do not provide for “automatic [...]

Looking at the weekly chart of ABG we couldn’t see any significant candlestick that will suggest a reversal to either up or down so I think this stock will go sideways for this week unless there will be some catalyst that will change the trend. Could be window dressing? Caveat!

Looks like it was an exciting afternoon when some JAP stocks such as Ni, ABG and DIZ rallied. Ni being the top gainer of the 3 which surge to 8.22% to close at 7.90 Moving up strong also is ALI. AGI was strong in the morning but wasn’t able to sustain its rally. Check the [...]

ABG has been going down since few weeks ago. We saw few chances of reversals but weren’t confirmed. Will Monday’s price action be a chance for holders to recoup their losses? What we see on the last two candlestick is a formation of a Homing Pegion. This formation involves two red candlesticks where the first [...]

Will the hammer of THOR break all the dullness of PSE market today? All stocks with Hammer candlestick be granted confirmation? Or will it be a fake indicator? This week is not a good week if I may say so because we only have 3 trading days. Let us see how far we can go [...]

Officially a Ghost Month period. What stocks will take the lead and what will crawl… or even sleep? Let us see who among the giants and among the basuras will be the talk of the town. US Market down by just 7 points. Check this out also Buffett’s firm drops Intel, buys oil stocks. Is [...]

With DOW still in red, what will be the movement of our stock market? ELI might gap up at the opening with 0.93 Still 28 minutes to go before the bell. It might change. 9:30 ELI opened in orange. No changes. 10:15 So far so good. My portfolio is inching up. Is it the last [...]

Another blood spilled on the US Market floor. Are we going to see red flags up for PSE today? There is really no big news, not even the SONA, that will act as big catalyst for our market to move north. 9:30 Silent start for our market 9:37 DIZ and ABG has been supported by [...]

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. [...]

              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 [...]

                I hope everyone is still bullish after US market shoot up last week. 9:30 Strong open for PGOLD and ABG 9:37 ABA is going down. 4% down so far 9:42 LMG up by 5% There is a disclosure that ELI has a JV. So far price is [...]

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+ [...]

9:29 Market will start in a minute…. 9:31 Posted a buy on ABG at 34.05 9:34 Posted a buy of ORE at 5.38 9:42 Post a buy for DIZ at 35 9:44 Cancelled ABG and ORE 9:53 Sold some of my FOOD. It stinks! 9:57 DIZ is trying to break 35.5 level 10:02 Trying hard [...]

ABG – ASIABEST GROUP INTERNATIONAL This stock continued to go up today but not that big as yesterday’s. Price went up as high as 34.8 and low as 32.4 but a great percentage of trades are done at 34 which has 17.64% share of all the prices traded today. Just be careful because correction for [...]

9:14 Preparing for today’s trading day. Will there be a sequel of yesterday’s run up on stocks today or time for correction, lets see! There is a rumor about this VITA thing. Is it true? No tips yet from my connection. 9:30 ABG is still on the forefront 9:42 Speculative play on FOOD for a [...]

ABG – ASIABEST GROUP INTERNATIONAL Wasn’t expecting this stock to go up that high. Congrats to all holders. It has a good volume and price action. Will it continue tomorrow? I think it is forming Wave 3. This wave is already longer than wave 2 so at anytime retracement is already acceptable. Also, will there [...]