Hello FX friends! It’s been a while since my last forex trade. But don’t worry since I already have a [Read more...]
Opportunity To Short The British Pound Against The Japanese Yen
Is It Time For Rizal Commercial Banking Corporation (RCB)?
For almost a year, Rizal Commercial Banking Corporation or RCB in the Philippine Stock Exchange has [Read more...]
Empire East Land Holdings, Inc. (ELI) To Reach PHP 1.00?
It’s the Book Of Eli Part 2 (part 1)! Couple of weeks back, my esteemed colleague noted that Empire East Land Holdings, Inc. could be on the brink of an upside swing (see his post here). And guess what?! It seems that he’s right after all! [Read more...]
Sinophil Corporation (SINO) – Next To Break Out?
Sinophil Corporation or SINO in the Philippine Stock Exchange discretely went [Read more...]
Manila Mining Corporation (MA) – Poised For A Breakout?
The technical setup in the Manila Mining Corporation stock chart or MA in the Philippine stock exchange suggests a [Read more...]
Is Philex Mining (PX) Bound For Some Correction?
Manny Pangilinan-chaired Philex Mining Corporation (PX) has been having a terrific performance so far this year, booking a YTD return of 51.42%. However, it seems that its winning streak maybe coming into a halt given its present technical set-up. [Read more...]
Bearish Divergence Seen On PCOMP
For the week starting July 11, 2011, it seems that the Philippine Stock Exchange Composite Index (PCOMP) or the PSEi, could trade sideways with a little downside bias before it inches higher again. [Read more...]
The Huge Drop In MRC Allied Inc. (MRC)
Two months ago, MRC Allied, Inc. (MRC) broke down from its major support line along with a break below the [Read more...]
More Gold In Lepanto Consolidated Mining Company B (LCB)?
The “B” shares of Lepanto Consolidated Mining Company has been the best performing stock for this year, returning a YTD gain of 123.91% as of July 6, 2011. And by the looks of it, it seems that LCB is still gunning for some more profit. [Read more...]
Global-Estate Resorts, Inc. Paced For A Move Higher?
Andrew Tan-led Global-Estate Resorts, Inc. (GERI), formerly known as Fil-Estate Land, was spotted on the traders’ radar in last Friday’s trading when it closed with a 7.18% gain on a high PHP 410,832,700 value turnover. [Read more...]
Philippine National Bank (PNB) To Make Some Noise?
Rumors of a possible merger by Lucio Tan-led Philippine National Bank (PNB) and Allied Bank once created market interest in the stock, causing it to reach a high of PHP 68.60 from just around PHP 50.00. [Read more...]
Temporary Correction Seen In Megawide Construction Corp.
Newly minted- Megawide Construction Corporation or MWIDE in the Philippine Stock Exchange has gained some pretty good gains since its listing last February 18, 2011. [Read more...]
Technical Update On WTI Crude Oil
Volatility in the world crude oil prices (WTI crude oil) in the past couple of months has caused some ruckus in the other financial markets. Moving forward, where will WTI crude oil in the days to come? [Read more...]
A Look At The PSEi
It was a wild Friday for the Philippine Stock Exchange Composite Index (PCOMP) or the PSEi when market-on-close sell orders of heavyweights like PLDT (TEL) sent the index back in the red after trading in the positive zone for practically the entire session. [Read more...]
Dow Jones Industrial Average (^DJI) Technical Outlook
The Dow Jones Industrial Average (^DJI) broke down from its [Read more...]
A Rally Seen In Lopez Holdings Corporation (LPZ)?
Lopez Holdings Corporation or LPZ in the Philippine Stock Exchange went on to reach a high of PHP 6.95 after breaking out from an inverted head and shoulders continuation pattern. Since then, it cooled off back towards PHP 6.00. Given its present set-up, though, LPZ could stage a rally in the days to come. [Read more...]
