LOOKING BEYOND

11:30 am   Monday    22 February 2010     Philippine Stock Exchange Index     3000.54  (mid-seesion up 22 points or +0.74%) Overall, It looks like the markets have taken the hike in the U.S. discount rate positively.  The message that is being received is precisely what the U.S. FED wanted to communicate, and that is that the economy is beginning to normalize.  Since the... Read More

SOUNDS GREEK TO ME!

12:30 pm   Monday   15 February 2010  Philippine stock Exchange Index    2963.24  (+0.46%) In the dynamics of any market, there are periods when prices do not move in a directional trend.  Normally, stock prices move up because there are very strong reasons to increase investors holdings of stocks.  When the broad economy is healthy, the business environment becomes robust and... Read More

HOME ON THE RANGE

6:15 pm  Tuesday   2 February  2010    Philippine Stock Exchange Index    2864.18  (-0.66) Investors are probably perplexed today after seeing Wall Street stage a rally overnight yet seeing the PSEi going down.  It is even more discouraging that the local market opened higher only to invite further selling.  There’s been a number of issues that have gone through nearby support levels... Read More