First Metro Asset Management Inc

No garden is without its weeds

No wonder Wall Street dropped last week. New stock issuance was sucking up all the spare cash.  Read more

The Trend is your friend

11:40am Friday May 15, 2009    PSEi 2310.30   PHP/$ 47.64

Today is one of the strongest days I’ve seen in Philippine stocks.  Our market is up 2.03% at this time compared to about 1% and a fraction for the rest of the region.  The strongest issue in my radar today is Ayala Corp. (AC) which is Read more

Did I hear someone sneeze?

5 pm Thursday May 14, 2009

PSEi – 2264.23    PHP/$ – 47.79

“When the U.S. sneezes, the whole world catches cold.”  This is an adage that market players from all over the world are well acquainted with. Read more

Is this a sucker’s rally?

In this morning’s Asian Wall Street Journal, I came upon an opinion story entitled “A Suckers Rally?”  It was written by Mr. Andy Kessler – a former hedge fund manager, so the story was worth reading.  The central point of the article Read more

First Metro Asset Management Inc