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...]
Philippine Mining And Oil Sector To Turn Higher?
While the outlook of the Philippine Composite Index seems somewhat bleak (please see my post on the PCOMP here), the Philippine Mining & Oil sector or PMINI appears to be the only one that could turn north. [Read more...]
IP E-Game Ventures, Inc. (EG) Set To Move Up?
In my point of view, IP E-Game Ventures, Inc. or EG as listed in the Philippine Stock Exchange could be [Read more...]
Long Term Look On The PCOMP
The outlook for the Philippine Composite Index (PCOMP) has turned sour when it broke its long term support a couple of weeks back. Over a longer term, though, it seems that the index could fall into a deeper ditch. [Read more...]
PSEi: Still On A Red Alert
Things appear to be a little bit more gloomy for the Philippine Stock Exchange Index or the PSEi in the near term at least from a technical perspective. [Read more...]
Universal Robina Corporation (URC) Could Have Reversed Its Course
Technically, Universal Robina Corporation or URC in the Philippine Stock Exchange recently [Read more...]
Bullish Setup Seen In Global-Estate Resorts, Inc. (GERI)
Last July, Global-Estate Resorts, Inc. (GERI) broke out from a 6-month symmetrical triangle formation which [Read more...]
Taking Profits On SM Prime Holdings, Inc. (SMPH)
Just last September 8, 2011, the shares of SM Prime Holdings, Inc. or SMPH in the Philippine Stock Exchange caught the market’s attention when it suddenly rose by 3.87% on a huge volume to finally break the Php 12.00 barrier. SMPH has continued to rise but now it seems that a temporary correction could be on the watch in the near term. [Read more...]
Philex Mining Corporation (PX) To Regain Its Luster
Philex Mining Corporation (PX) has been having some rough days for the past couple of weeks as it saw its stock dip from a high of Php 28.95 to a recent low of Php 24.00. The question now is, will PX be able to regain its luster? [Read more...]
A Look At San Miguel Corporation (SMC)
Ramon Ang-led San Miguel Corporation (SMC) has been trading within a tight range after its secondary offering which brought its share price from around Php 150.00 to as low as Php 105.70. [Read more...]
SM Prime Holdings, Inc. Awakens!
After several months of hibernation, the shares of Henry Sy’s SM Prime Holdings, Inc. or SMPH have finally awaken. Now that it does, a move past its present all-time high of Php 13.50 may not be farfetched anymore. [Read more...]
DMCI Holdings, Inc. (DMC) Holding On?
DMCI Holdings, Inc. or DMC in the Philippine Stock Exchange appears to be holding on to its uptrend line. Barring any negative impact from abroad, it is likely for DMC to continue its move higher. [Read more...]
More Downside Seen In The Dow Jones Industrial Average (^DJI)?
Could the Dow Jones Industrial Average (^DJI) continue its descent? [Read more...]
Technical Bounce Likely In ICT?
The shares of International Container Terminals, Inc. or ICT in the Philippine Stock Exchange fell back towards the Php 50.00 level at the end of today’s (August 6, 2011) trading. Having closed right at a significant support, a rally off of this level could be expected in the days to come. [Read more...]
Expecting A Bounce In Philippine National Bank (PNB)
In a technical point of view, the stocks of Philippine National Bank or PNB in the Philippine Stock Exchange could [Read more...]
Lepanto Consolidated Mining Company A (LC) To Rise Again
The A shares of Felipe Yap’s Lepanto Consolidated Mining Company finally saw a sharp correction after marking a new all-time high just above Php 1.80. With gold now back on the northern track, will LC follow suit? [Read more...]
SM Investments Corporation Making News
The shares of Henry Sy- led SM Investments Corporation (SMIC) appear to be heading for a move north at least from a technical point of view. Let me explain this. [Read more...]
Energy Development Corporation (EDC) To Regain Its Poise
EDC has been on the wrong side of things for the last couple weeks as it slip sharply from Php 6.80 to as low as Php 5.75. However, it seems that it is also poised to at least regain some of its losses and resume its long term up move. [Read more...]
The Year Of The Japanese Yen
The world of currency trading has been on extreme volatility so far this year because of all the financial crisis major economies have been experiencing. So if you ask me what currency has been performing well, 2 answers come to mind. One is the Swiss franc and the other is the Japanese yen. In this section, I’ll talk about the latter. [Read more...]
Canadian Dollar To Retreat Versus the USD?
For the past year or so, the Canadian dollar or the Loonie as some traders call it has overtaken the USD. However, it appears that the USDCAD pair could already be bottoming. [Read more...]
