The US dollar had rebounded strongly after it suffered a sharp dip against the Swiss franc last August 2011. After reaching a low of 0.7066, the USD/CHF pair is now back above 0.9200. The question now is, will the USD sustain its recent run versus the CHF? [Read more...]
Is the USD Back Against the Swissy?
Bullish Reversal On Global-Estate Resorts, Inc. (GERI)?
Andrew Tan’s Global-Estate Resorts, Inc. (GERI), formerly known as Fil-Estate Land, Inc., (LND) appears to be on track to move even higher in the coming days or weeks. Let me tell you why. [Read more...]
The 2012 Philippine Business and Economic Outlook Forum
When: January 21, 2012, 1 pm to 6 pm
Where: Sunlife Training Center, 7/F ACE Bldg, Rada cor Dela Rosa St., Makati City [Read more...]
Lepanto Consolidated Mining Company (LC) Set For A New High?
As gold tries to rebound from its 3-year uptrend line (kindly see my colleague’s post here), gold mining [Read more...]
Possible Turnaround On Holcim Philippines, Inc. (HLCM)
Risk appetite sided on infrastructure plays like Holcim Philippines, Inc. or HLCM in the Philippine Stock Exchange n expectations that the Philippine national government will speed up its infrastructure projects. HLCM, being one of the major listed supplier of cement in the country, benefited from this as reflected in the 5.32% gain in its share prices today (January 2, 2012). [Read more...]
Potential Upside Seen In The Philodrill Corporation (OV)
The Philodrill Corporation or OV in the Philippine Stock Exchange, a company, engaged in oil exploration and production in the Galoc oil field in Palawan had its net income soar by 159% to PHP 957 million in the first 9 months of 2011 compared to the previous year. Its share price, as a result, also jumped to as high as PHP 0.023 after trading flat below PHP 0.015 during the first half of the year. [Read more...]
EEI Corporation (EEI) To Yield Positive Returns In 2012?
Yuchengco’s construction arm, EEI Corporation (EEI) could start the new year on a positive note given its fundamental and technical prospects. [Read more...]
Hello Santa Claus Rally!
As I mentioned in my post last year “the Santa Claus rally is the rise in stock prices in the month of December and is usually seen on December 26 to December 31 in most stock markets worldwide. However, it doesn’t happen at the exact dates mentioned but yes, it usually takes place after Christmas day and before New Year’s eve. [Read more...]
Philippine Stock Exchange New Trading Hours
The Philippine Stock Exchange (PSE) will implement its new trading hours on January 2, 2012. [Read more...]
New One Peso Coin To Go Into Circulation
The Banko Sentral ng Pilipinas (BSP) will circulate new one peso coins that commemorate Jose Rizal’s 150th birthday. [Read more...]
Gold (XAU/USD) Seen To Rebound?
Just last September 2011, gold (XAU/USD) reached a new all-time high of just above 1,900.00 US dollar per ounce. Investors’ [Read more...]
A Bounce Seen In Philex Mining Corporation (PX)?
The 4% drop in gold price yesterday coupled with unfavorable news in the Euro zone triggered a minor [Read more...]
Lepanto Consolidated Mining Company (LC/B) To Wilt?
The shares of Lepanto Consolidated Mining Company (both A and B) have been amazing in 2011 as they delivered gains of about [Read more...]
Lopez Holdings (LPZ) To Score Higher?
Lopez Holdings Corporation or LPZ in the Philippine Stock Exchange caught the attention of [Read more...]
Upward Bias Seen In APC Group, Inc. (APC)
APC Group Inc. or APC as listed in the Philippine Stock Exchange hasn’t made a [Read more...]
Cirtek IPO
According to news reports, the initial public offering of Cirtek Holdings Philippines Corporation (or CHIPS, its stock symbol), on the November 18, 2011 listing date, is [Read more...]
A Technical Look On The Dow Jones Industrial Average (DJIA)
Happy Halloween everyone! I don’t want to scare you or anything but it seems that there could be another blood bath in the US market at least from a technical perspective. Let’s now take a look at the Dow Jones Industrial Average (DJIA). [Read more...]
The Euro vs US Dollar (EUR/USD) Weekly Outlook (October 10-15, 2011)
In my analysis, the Euro could further [Read more...]
Philex Mining Corporation (PX): There’s Life In Mining
Manny Pangilinan-chaired Philex Mining Corporation or PX in the Philippine Stock Exchange had made a nose dive after hitting alightly past Php 28.00. The question now is, will PX be able to reverse its recent demise? [Read more...]
