EXCUSE ME WHILE I TOUCH THE SKY

6:40pm  Wednesday   26 August 2009   Philippine Stock Market Index    2863.53   (+0.19%) When you are trading the markets, everyday should be seen as a new day.  This is why all professional traders mark their positions to market daily.  When I was working in an international securities trading firm, our boss always said that he wanted to know the firm’s losses everyday.   Read More

SILVER PLATTERS AND SILVER LINING

8:30am   Monday  24 August 2009   Philippine Stock Exchange Index  2720.18 (Thursday close) Positive growth in Japan, Germany and France. Existing home sales in the U.S. up 7.2% in July – its fourth consecutive months.  Central bankers from around the world gathered in Jackson Hole, Wyoming expressing confidence that the worst of the financial crisis was over and that a... Read More

WHAT DO MARKETS AND SKYROCKETS HAVE IN COMMON?

9am  Tuesday 18 August 2009  Philippine stock Exchange Index  2771.18 ( Monday close down 2.77%) Yesterday, we saw the biggest decline in prices since this rally started.  There were ten stocks down for every stock that gained.  The was a real blood bath, and some players would probably be running scared.  The sell off was triggered by overseas sentiment.  The... Read More