The market for initial public offerings (IPOs) is expected to rebound next year with at least five companies planning to list on the Philippine Stock Exchange (PSE) as the subprime crisis subsides and economic greenshoots appear. Ed Francisco, president of BDO Capital & Investment Corp. said the... (more...)

While everybody's eyes are on ISM, let's talk about WEB which no one else has anyway.  Just the other day I showed my friend what the chart of WEB looks like and I was telling him how it would hit the trendline soon.  Well, this chart is about a day or two old, and we've in fact... (more...)

Starting November 3, the Philippine Stock Exchange Inc. (PSE), which runs the country’s bourse, will include itself in its benchmark 30-company index. IN: DMC, SECB OUT: VLL RCB ABS The announcement “marks the first time the PSE will be included in the main index, joining listed exchanges... (more...)

Dow at 10,000: Then and Now, a graphic article presentation from cnbc. With the Dow Jones Industrial Average crossing the 10,000 point mark for the first time since 2008, we wanted to take a peek back in time to compare what America was like the very first time the Dow crossed 10,000 mark (March 29th,... (more...)

New Deadly Dollar Carry Trade Jim Willie CB of 321gold wrote an interesting article on how the US Dollar is replacing the Japanese Yen as carry trade.  Read more... (3278 words, 13 images, estimated 13:07 mins reading time) Read More →

Yes it's me, talking about my most hated commodity, evil oil.  In our past article, we researched on how much of the oil movement is actually 60 to 90% based on speculation only and not on real demand movement.  Way before that, we even touched how local pump prices seem to lead crude oil... (more...)

Let me share with you an interesting article from shenandoah, which tries to foresee unexpected events that may come plague the markets.From the battle lines in Extremistan, the time is growing near for these birds to swarm together as the seasons change once again. So what happens if there is one... (more...)

Looking at these selected charts of some index issues, the 2508 or 2620-2626 scenario discussed in our latest daily market notes does seem possible than not. All of them show clear bearish divergence patterns.  Bearish divergence patterns dictate that price will make a new high, but... (more...)