For most of us, crude oil price soaring higher is definitely unfavorable as gas price and public transportation cost will most likely [Read more...]
Crude Oil Looking To Set A New 2-year High
PSEi Bulls Are Back!
After hitting a snag for several months now, it appears that the Philippine Stock Exchange Composite Index (PCOMP) or the PSEi has found its winning shape again. Presently, things looks more upbeat now, at least from the technical point of view, for the Philippine economy as it is represented by the local equities index. [Read more...]
Juggernaut PLDT Makes News!
Telephone giant Philippine Long Distance Telephone Company (PLDT) or TEL in the Philippine Stock Exchange made news today when it soared by an amazing 15.72%, carrying the entire PSEi on its back. [Read more...]
PSEi: Crucial Resistances Ahead
Troubles in the international market, particularly in the Middle East and Japan, have been weighing heavily on the Philippine equities market. Hence, you might ask when is it best to jump back in especially at these times of uncertainties. [Read more...]
STOCK PICKS on “BULL pa ba or BEAR na ba???”
For those who weren’t able to make it to the Absolute Traders event “BULL pa ba or BEAR na ba???” last Friday, here are the stock picks I presented just to keep you posted.
Before anything else, LaidTrades want to congratulate Absolute Traders for organizing the event, the speakers who presented their outlook in the financial markets and everyone who joined. Cheers to the very helpful insights, great food and awesome people!
Anyway, let’s begin with my technical analysis on the 7 Philippine stocks I chose. Let’s do this alphabetically…
DMCI Holdings Inc. (DMC)
WTI Crude Oil Seen To Continue Climbing
In my post last March 4 about WTI crude oil (please see it here), I mentioned that its price could reach 110.00 US Dollar per barrel. Well, that is still pretty much a go at least from the technical point of view. [Read more...]
Bullish Bias On The Philippine Peso
Both technical and fundamental data support a bullish bias for the Philippine peso against the US dollar (bearish USDPHP). Let me show you how. [Read more...]
A Bullish (BEL) Is Ringing
The shares of Belle Corporation or BEL in the Philippine Stock Exchange made a big noise in 2010 when it pocketed a handsome 224% whet it ended the year at PHP 4.60 from an opening of PHP 1.420 during the start of the year. During the first three weeks of 2011, it continued to fire away some crackers as it reached a high of PHP 6.490. Since then, things became quite for BEL until today. [Read more...]
New All-Time High Likely For The Swiss Franc
Hey guys! I’ve been away for several days now for a business trip in the Asia-Pacific but I’m back in the Forex front! So in today’s feature, I present to you the USDCHF pair. [Read more...]
Technical Updates On First Philippine Holdings Corporation (FPH)
Last January 24, I posted my stock analysis on First Philippine Holdings or FPH in the Philippine Stock Exchange and mentioned that [Read more...]
Earthquake And Tsunami Jolted The Japanese Yen
Last Friday, an 8.9 magnitude shocked the northeast coast in Japan which generated a gigantic tsunami that swept cities and killed thousands. We, at LaidTrades.com, offer our prayers to Japan especially those who are gravely affected by the disaster. [Read more...]
Energy Development Corporation (EDC) Bulls Ready To Be Awaken
Energy Development Corporation or EDC in the Philippine Stock Exchange has been consolidating sideways for 5 months now after a good run up since 2009. Fortunately, it could be [Read more...]
Ayala Land, Inc. (ALI) Back In The Bullish Track?
Ayala Land, Inc. or ALI in the Philippine Stock Exchange, much like the great Muhammad Ali when he fought Joe Frazier in Manila, made some headway when it willed itself back in the game during the last few trading days. [Read more...]
Nickel Asia Corporation (NIKL) Bound To Drop
Nickel Asia Corporation had its initial public offering (IPO) in the Philippine Stock Exchange last November 22 with “NIKL” as its stock code. The stocks [Read more...]
(ALI) To Get Up From A Punch?
Ayala Land, Inc. (ALI) suddenly showed some signs of life earlier today when it beat the 8 count and closed at PHP 15.28. [Read more...]
The End Of SM Investment Corporation’s Rally?
Filipino-Chinese Tycoon Henry Sy’s investment holding firm, SM Investments Corporation (SMIC) or SM in the Philippine Stock Exchange earned a net income amounting to PHP 18.40 billion pesos in 2010 which was 15% higher than the previous year. SM’s better-than-expected corporate earnings result carried the price of its shares from an opening of PHP 461.00 last March 3 to a closing of PHP 509.50 today (March 8). [Read more...]
Ayala Land’s (ALI) Range-Bound Descent
Ayala Land, Inc or ALI in the Philippine Stock Exchange is one of the largest real-estate developers in the country. Its stocks have been [Read more...]
Red Alert On Globe Telecom, Inc. (GLO)
Don’t say that I did not warn you: Ayala Corporation – led Globe Telecom, Inc. or GLO in the Philippine Stock Exchange looks to be headed for a steep fall. Let me show you why. [Read more...]
WTI Crude Oil Could Reach $110.00 Per Barrel
The price of global crude oil once again reached $100.00 per barrel and has been trading in that area more roughly more than a week now. Will it continue to go higher? Let us see. [Read more...]
