Philippine stock rundown January 14 Aboitiz Powers the day

PSEi 4,132.04 | up 61.93 | 1.52% Value Php 5.6B Dow Jones    11,731.90    -23.54    (-0.20%) S&P 500    1,283.76    -2.20    (-0.17%) Nasdaq    2,735.29    -2.04    (-0.07%) Unemployment data showing Americans still losing more jobs than expected was not any reason for a continued uptick.  The Dow Industrials was mostly in negative territory for the day. It was […]

Philippine Stock report January 10 PSEi down 2%, PSI down 3%

PSEi 4,112.58 | down -89.94 | -2.14% Value PHP 4.3B Dow Jones    11,674.76    -22.55    (-0.19%) S&P 500    1,271.50    -2.35    (-0.18%) Nasdaq    2,703.17    -6.72    (-0.25%) Mixed jobs data (Only 103,000 jobs were created on nonfarm payrolls in December, far less than the 175,000 economists had expected, while private sectors jobs rose by 113,000, according to the […]

DMN 9-9-10 New all time high PSEi 3902!

PSEi 3,902.56 | up 97.83 | 2.57% Value php 6,219,165,241.00 Nine has always been my lucky number. 3900 at 9-9, up 97 Dow Jones 10,387.01 +46.32 (0.45%) S&P 500 1,098.87 +7.03 (0.64%) Nasdaq 2,228.87 +19.98 (0.90%) Wall Street claws back higher, but pares off half the gains as successful bond auctions in Portugal and Poland […]

DMN July 30

PSEi  3,426.95  -2.40 pts.  -0.07% value php 2,927,956,631.50 Dow Jones    10,467.16    -30.72    (-0.29%) S&P 500    1,101.53    -4.60    (-0.42%) Nasdaq    2,251.69    -12.87    (-0.57%) Wall Street traded within a 2% range, opening about 80 points higher, then cascading off a cliff to sink down 100 points, only to gradually recover. Data showing Fewer jobs lost failed to […]

How to trade this market: some support levels to think of

Assuming regular correction only (short to medium term): -These stocks will correct back to uptrendline, and some of the targets are still pretty far off: *(newly updated in bold) TEL 2500 AT – macd crossover sell 01/26/2010. S: 10, 8.90 FPH – macd crossover sell 01/26/2010 s:45.0 (still an uptrend if it hits that), break […]

Daily Market Notes December 23, 2009 WEB Philweb and ISM Ism Communications jointly acquire Acentic gmbh

PSEi   3,024.33         UP      8.17value php     3,580,105,185.00 DOW      50.79 +0.49% 10,464.93NASDAQ 15.01 +0.67% 2,252.67S&P 500   3.97 +0.36% 1,118.0 US GDP data fell slightly short of expectations, but housing data surprised to the upside showing better home sales data compared to the past 3 years.  This fuels the sustained attack near 10,400 again for the djia. The […]

Daily Market Notes December 10, 2009 on shorting, nihao, pacifica, ism, ajo

PSEi    3,006.57         UP     25.32value php   2,149,600,855.00 DOW    51.08 +0.50% 10,337.05NASDAQ 10.74 +0.49% 2,183.73S&P 500  4.01 +0.37% 1,095.95 Yesterday's Wall Street equity bounce was attributed to the dollar's fall, and a rise in wholesale inventories and an upgrade of 3M.  Gold continues its slide to 1125, oil slips further to $70. The Psei's volumeless rally was […]

Longneck’s UCC’s (Useful Chit-Chats) Dec 7 ’09

 – – –  THE EARLY AM and SUPER LATE EDITION – – – Today marked the block sale of PX at P21.00 from RVO and co. to MVP and probably raised the speculation bar that Lolo could be next in line. This made today’s newspaper’s headlines as MA/MAB/LC/LCB are all up, higher and actively traded. MA/MAB is […]

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