Money Matters Philippines

I learned to read, read and read.  I learned to listen, listen and listen.  I learned to be a sponge, sponge, sponge. — to people who make money consistently, good year or bad year.   I’m lucky.  I really am.  My bosses, past and pre... more

source: http://www.renewbl.com EDC (Energy Development Corporation) had been one of the heavyweights last year due to the various expansion projects within and outside of the Philippines.  Recently its price drop again to the 5.50 level bro... more

<!--[if !mso]> v\:* {behavior:url(#default#VML);} o\:* {behavior:url(#default#VML);} w\:* {behavior:url(#default#VML);} .shape {behavior:url(#default#VML);} <![endif][if gte mso 9]> Normal 0 false false false fals... more

Puregold Price Club, Inc. With the recent bull run fueled by positive economic indicators, rosy corporate earnings and influx of foreign buyers, this one is among the slow moving stocks after its recent breakout from the 18 price range. However... more

Figure 1: ALI Price Chart  Today ALI broke free from its up and handle pattern. Hopefully it will continue to move up tomorrow and the coming days. more

Metrobank Could this be the breakout signal? MBT surge up in the afternoon trading yesterday breaking the 77.8 resistance. This is also the breakout signal from the "Ascending Triangle" pattern it formed during the recent consolidation. A high... more

Lepanto Consolidated Mining Co. "A" While most of the stocks are moving upward, LC (and the its brother LCB) has been moving sideways for 2 weeks already. With no sight yet of any market moving catalyst, it continued to consolidate with declining vo... more

It’s not merely about what you’re missing on the upside, but also how you clean your portfolio from the losers.  We all know there’s a lot of winners out there.  We may know why, we may also not know why (Why’s LMG up >... more

source: www.meralco.com.ph With the recent increase of Manny Pangilinan's First Holdings ownership of Meralco through Beacon Electric Assets Holdings to what direction does Meralco will go? Once one of the Lopez group's gem, Meralco is the l... more

Figure 1: PSE Index Chart Early last week the index had shown some weakness. A bearish divergence occurred. Luckily the index was able to find some support right at the 20 moving average line last Friday. It is now at the oversold area and is present... more

Metrobank After the breakout last January 3, MBT is now trading near the 261.8% Fibonacci Extension level (77.8) which also act as strong resistance after the price made 3 retest but failed to break upward. Uptrend still look intact provided th... more

Truth be told, I didn’t realize just how much my life has been missing until I actually read Management Discussion and Analysis reports archived in Philippine Stock Exchange company disclosures.  I used to just sleep over these details because... more

Lepanto Consolidated Mining Co. "A" For almost 2 weeks now, this stock has been in correction mode after an attempt to retest the 52 week high. The last 3 days however, price action shows a possible reversal to the upside after a bounce from the 23. more

source: http://www.tobysterling.net We talked about inflation, that "thing" that eats up the value of your money, and how can it really affect your financial capability. That is why we invest in order to combat it. There are so many ways to fight i... more

I call the following table my momentum retracement trading method.  I don’t know if this will work, but we’ll see in a few weeks’ time.  Granted that the Philippine index is in an uptrend on all time frames, (short term, medium te... more