Daily Market Notes November 17, 2009

PSEi    3,032.09         UP     20.73value php     3,599,631,910.00 DOW   136.49 +1.33% 10,406.96NASDAQ 29.97 +1.38% 2,197.85S&P 500 15.82 +1.45% 1,109.30 No other reason was attributed to wall street's sustained 1.4% rally except for the weaker dollar continued fueling speculation on stocks and commodities. Asian stocks that opened stronger were falling by noon: Hong Kong, Japan, Korea, Australia probably […]

Daily Market Notes November 16, 2009

PSEi     3,011.36         DOWN   22.96value php     4,105,654,390.00DOW    73.00 +0.71% 10,270.47NASDAQ 18.86 +0.88% 2,167.88S&P 500   6.24 +0.57% 1,093.48 Before everything, else, let's vote for our very own pushcart teacher efren in cnn.com/heroes. you can vote as many times as you want. Since saying that stocks corrected on renewed growth pessimism, gains last Friday were now attributed to […]

Daily Market Notes November 12, 2009

PSEi    3,073.92         UP     26.78value php      5,104,499,810.00 DOW      44.29 +0.43% 10,291.26NASDAQ 15.82 +0.74% 2,166.90S&P 500   5.50 +0.50% 1,098.5 PX contributes 1B pesos to total value turnover, wall street flutters slightly higher, Asia sideways to slightly lower. Today, ALI leads the index gainers with a .5 gain to 12 worth 8 psei points backed by 45m nfb.  […]

Daily Market Notes November 11, 2009

PSEi                 3,047.14         UP     50.43value php                  5,711,025,735.60 DOW 20.03 +0.20% 10,246.97NASDAQ 2.98 -0.14% 2,151.08S&P 500 0.07 -0.01% 1,093.01 Lack of better leads plus pause from its recent attack of 10k, wall street flutters about the whole day. For the PSEi, the break of 3k worth 50 points could be attributed mainly to these 4 stocks: TEL […]

Daily Market Notes November 10, 2009

PSEi      2,996.71         UP     81.00value php   5,153,558,935.00 DOW    203.52 +2.03% 10,226.94NASDAQ 41.62 +1.97% 2,154.06S&P 500 23.78 +2.22% 1,093.08 CNNFN reports that the gains that brought Dow well above 10k were broad-based, with all but 1 of the 30 components in the blue-chip index closing higher. Financial and commodity-related shares led the advance. Local value turnover swells […]

Daily Market Notes November 9, 2009

PSEi 2,915.71 DOWN 15.76value php 3,168,187,615.00 DOW 17.46 +0.17% 10,023.42NASDAQ 7.12 +0.34% 2,112.44S&P 500 2.67 +0.25% 1,069.30 News that American unemployment hit a 26-year high of 10.2% last month saw an initial weaker open, but had buyers coming in to help dow 10k survive its bid. In the local front, the market was already weaker […]

Daily Market Notes November 6, 2009

PSEi   2,931.47         DOWN   13.04value php    3,660,624,864.00 DOW   203.82 +2.08% 10,005.96NASDAQ 49.80 +2.42% 2,105.32S&P 500 20.13 +1.92% 1,066.63 Wall street soars and threatens 10k after the government reported a bigger-than-expected drop in jobless claims, and a number of retailers reported improved October sales. Locally, Market sentiment of supposed bullishness was dampened by the uncertainty of the […]

Daily Market Notes November 5, 2009

PSEi   2,944.51         UP     36.88value php     4,327,614,022.20 DOW  30.23 +0.31% 9,802.14NASDAQ 1.80 -0.09% 2,055.52S&P 500 1.09 +0.10% 1,046.50 Wall Street's initial rally built into the no rate hike mentality but quickly evaporated.  Maybe now they're getting to thinking that having a gradual rate hike SHOULD BE GOOD in general, because it would mean return to real […]

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