Oh, what a week it was for our beloved PSEi. Though we were only up 13pts at the close, we were actually UP a whopping 65pts week on week, from 2978 to now 3043, and this amidst a backdrop of a week-on-week down DOW. The DOW actually shed 75pts week on week, from 10,400 to its now 10,325. MER had a lot... (more...)

PSEi   3,043.75         UP     12.49 value php  2,691,269,890.77 DOW 53.13 -0.51% 10,321.03 NASDAQ 1.68 -0.08% 2,234.22 S&P 500 2.31 -0.21% 1,102.93 American data showed unexpected continued job loss, this merely fueled the unresolved tensions for the Greek European Debt Crisis and... (more...)

The recent back and forth action in and out of the PSEi 3,000 level has been making me a dizzy dino.  It is like those Ping-Pong matches you see on TV where the ball is so small, it makes your eyes wince in pain. Now back to the 3,000 level with a vengeance, our dear PSEi was actually UP 50pts for the... (more...)

PSEi    3,031.26         UP     50.12 value php   2,636,673,700.00 DOW    91.75 +0.89% 10,374.16 NASDAQ 22.46 +1.01% 2,235.90 S&P 500 10.64 +0.97% 1,105.24 Wall street rallies “on renewed optimism”, so why have most Asian markets turned red as of this writing, along... (more...)

PSEi   2,981.14         DOWN   32.00 value php     1,954,978,430.00 DOW 100.97 -0.97% 10,282.41 NASDAQ 28.59 -1.28% 2,213.44 S&P 500 13.41 -1.21% 1,094.60 Wall street slides 1% on poor consumer confidence data, sending Asia dominoeing along. Our own PSEi goes down without volume,... (more...)

Asian markets were mostly up yesterday before DOW’s 100pt descent last night. Now all these Asian bourses have to give back their gains. Our PSEi was not spared, and we were down by 32 and now below again the 3,000 level. Chop chop action in my opinion shall persist, and I do have 2,900 again as... (more...)

PSEi 3,013.14 DOWN 2.45 value php 2,763,744,820.00 DOW 18.97 -0.18% 10,383.38 NASDAQ 1.84 -0.08% 2,242.03 S&P 500 1.16 -0.10% 1,108.01 Asia follows wall street in closing their Tuesday sessions flat to slightly lower in some regions. Noticeably resilient was our very own PSEi that... (more...)

Today’s muted down day (3pts down) was mostly helped by some decent interest on TEL, MER, and BPI. The 3 garnered over 10 gained PSEi points. BPI is touching resistances near these levels. TEL(P2,600) still has some muscle IMO to head to 2,700, but the more interesting stock could be MER (P166),... (more...)