After the rally yesterday, Philippine Stock Exchange Index declined by 81.26 points or 1.11% to 7,310.94 Top gainers were led by ATN, FJP and REG. Most of the Most Active Stocks were in red except for SM and MPI. AGI and MEG went down by 3.45% and 3.10% respectively. PXP continued to go down, today [...]
Philippine Stock Exchange Index shoot up by 51.08 points or 0.70% to close at 7,313.46 following a relatively peaceful election. Top gainers were led by PRMX, ATN and 2GO. MBT was so strong almost all day as it rallied 5% but settled lower with 3.42% BLOOM, BKD and BEL showed bullishness as well. On the [...]
PXP still having a hard time breaking the resistance at 38.2% Fibonacci Retracement level but as the days progresses, it seems that buyers are starting to gain strength because they are making higher lows. They keep putting pressure on that resistance level As a result, a breakout may happen soon. Caveat!
The definition of Ascending Triangle doesn’t really fit on the current formation made by PXP but it is worth noting that for the past few days, price has been creating higher lows. If you notice there is a certain level that the buyers cannot seem to exceed (looks like around 34). However, buyers they are [...]
U.S. stocks were little changed as a drop in pending home sales offset a rise in durable goods orders while investors watched earnings. BCOR, BDO, GTCAP, Toyota, ICT, JFC, MEG, MER, GBPC, PX, PXP, RFM, TA, PPP, GDP, credit rating, Peso. International U.S. stocks were little changed, following the longest rally for the Standard & [...]
US stocks rose for the week on better-than-estimated corporate earnings, economic data and temporary suspension of debt ceiling. AP, CEB, CHIPS, FOOD, OV, OPM, PXP, GTCAP, PBB, PNX, SVN, URC, Reserve Requirement. International U.S. stocks rose for the week, capping the longest stretch of daily gains since 2004, amid better-than-estimated corporate earnings and economic data as [...]
Among the top gainers last Friday are ABSP, PNX and EURO. FOOD went up following the good news while PXP went up even with the bad news. LMG and PX are among the top losers with PX following a bad news about the new fine. Check the rest of top gainers and losers of last [...]
S&P little changed after topping 1,500 earlier; Apple posted its worst slump in four years. AP, CEB, CPG, JGS, SMC, AC, AEV, MPI, PEC, PX, PXP, URC, Cement, Construction, Policy Rates, SDA, Inflation, GDP, FDI. International S&P 500 was little changed, after topping 1,500 earlier in the day, as the worst slump for Apple Inc. [...]
CHI and POPI where the top gainers for today. DNL and CPG are also on the same department. PGOLD rose to 33.05 but settled at 32.50, a 1.72% advance. SMPH looks strong above 17 level. LCB, PXP, PIP are among the top losers for today headed by ATI. Please check the rest of today’s top [...]
US stocks hit 5-year highs as earnings beat estimates and debt-ceiling talks progressed. DNL, DMC, MPI, Frontier Oil, JGS, SMC, JFC, MBT, MER, MJC, MJIC, SM, Zest-O Corp, ORE, RLC, PNB, ABC, PXP, ZHI, Alfredo Yao – Zest Air, Philippine Business Bank (PBB), Banking, Foreign Portfolio Investments, BOP Surplus, Market Outlook. International U.S. stocks it 5-year [...]
PX‘s rally may soon come to a halt (for a while) based on the candlestick on its daily chart, players are now in an indecisive mood as depicted by the small Doji. If this one dips, we may find major support around 15.5? But what about closing the gap first? Caveat!
PXP broke the first hurdle at around 38.2% Fibonacci Retracement level but will it be able to break the bigger hurdle at 23.6% level? Today’s rally was the first big one for PXP and while RSI have just loosen up recently, now its back to 80+ level again. How far will it go before correction? [...]
Nice rally for PXP and CPG today. The former leading the top gainers while CPG only got 4.19% but for those who have been monitoring this stock, its ascend yesterday and today is quite remarkable. PRC on the other hand went up very high in the morning but suddenly went down and declined by 18.33% [...]
Let us see how Jap stocks will move today before the ASM of Ni and GEO 9:30 Slow start for mining stocks 9:34 Ni moves up 9:42 STI is up. LC just started moving DNL in orange 9:47 Only 1 trade for PXP 10:00 Looks like they are pulling Ni down. Intraday high at 5.30 [...]
What is your take on DNL? I will try to catch at IPO price and 4. Let us see how it will move today. Caveat! 9:30 DNL didn’t fly high at the opening. PX is up 9:37 Top buyer of DNL at of this time is MACQUARIE 9:41 STI bounce back 9:47 PX still moving [...]
Was able to ride PAX and sold. Sold also my VMC when it didn’t go up beyond 1.42 Good move by PX and PXP. Are they done accumulating PXP? I said goodbye to BEL as it didn’t do well. It even went further down after I sold it. MIH/B was an eye sore today. It [...]
Looks like PXP escaping from the 50% Fibonacci Retracement level. Although the rise is not supported by any candlestick this might just be the start of a new beginning for PXP. More to come? Caveat!
I am late as I was doing other things first. 10:18 Looks like banks are on the run today. LTG is up 10:53 COAL still having a hard time to rise LTG on 13.5 area 11:01 GREEN is in red 11:00 MACQUARIE buying up PXP. Nobody else is buying 11:15 PXP is moving EW now [...]
For the week, Dow and Nasdaq fell 1.8%, while the S&P500 declined 1.5% on fiscal cliff concerns. EIB, FGEN, PXP, PXP, TA, NBS, VUL, MVP, Mining, Peso, Foreign Debt. International Dow Jones 12,588.31 +0.37% S&P 500 1,359.88 +0.48% Nasdaq 2,853.13 +0.57% PHI 60.06 +0.22% EPHE 31.97 +0.63% FTSE 100 5,605.59 -1.27% CAC 40 3,341.52 -1.21% [...]
WoW, the Dow ended -0.1%, Nasdaq -0.2%, while the S&P 500 was up 0.2%. ALI, COAT, D&L, MER, PX, PXP, WEB, LR, MVP, APM, Peso. International Dow Jones 13,093.16 -1.05% S&P 500 1,414.20 -0.94% Nasdaq 2,982.13 -1.26% PHI 64.20 +0.23% EPHE 31.85 -0.59% FTSE 100 5,686.55 +0.11% CAC 40 [...]