Daily Maket Notes
DMN Sept 2
PSEI 3,666.54 up73.13 Change 2% Value php 6,661,439,381Dow Jones 10,269.47 +254.75 (2.54%) S&P 500 1,080.29 +30.96 (2.95%) Nasdaq 2,176.84 +62.81 (2.97%)Wall Street surges over 2.5 percent after strong U.S. and Chinese manufacturing reports relieved some of the mounting worries over the global economy.The Philippines had … [Read More...]
The Return of DMN Sept 1
PSEi 3,593.41 up 27 0.76% value php 6,835,298,232.17Dow Jones 10,014.72 +4.99 (0.05%) S&P 500 1,049.33 +0.41 (0.04%)Consumer Confidence Index for August was 53.5, up from a revised 51.0 in July, and better than the 51.0 forecasted. While positive, the reading is line with consumer confidence a year ago, meaning little has changed in the minds … [Read More...]
LN’s UCC’s Aug 27
Finally, the DOW did what I had been expecting, which was to rebound from its current lows... The S/P looked to have fashioned out a bottom at the 1,039~1,040 levels, touching these levels two times this week alone. Remember that if we do rally up from here, this still instigates a higher low from that 1,010 (most recent lows).Being able to do it on a Friday weekend factor), closing at its highs … [Read More...]
DMN Aug 27 “The Replacements” Edition
PSEI 3,558.67 DOWN 36.91pts -1.0266% VALUE PHP 3,648,989,614.50 Dow Jones 9,985.81 -74.25 (-0.74%) S&P 500 1,047.22 -8.11 (-0.77%) Nasdaq 2,118.69 -22.85 (-1.07%)The drop in US jobless claims sends the DOW up by 40pts in early trade, only to have news of a slowdown in manufacturing growth in August trigger a mild selloff with the US major index closing below 10K for the first time … [Read More...]
LN’s UCC’s Aug 26
My reading of the US markets lately have not been as accurate, but I believe last night was the litmus ultimate test for the DOW/S&P and if I am right, then we could see the rebound that I was hoping for starting tonight. Tonight's calendar gives us the weekly jobless claims...The DOW traded below 10,000 and the S&P touched lows of 1,o40 (rounded up) last night. It is also worthy to note … [Read More...]
DMN AUG 26 Philippines Hostage Crisis on Pam NTS Trading Terminals
PSEI 3,595.58 up 41.43 1.17% VALUE PHP 3,830,855,164.50Dow Jones 10,060.06 +19.61 (0.20%) S&P 500 1,055.33 +3.46 (0.33%) Nasdaq 2,141.54 +17.78 (0.84%)Everything was rosy with wall street futures, then a rain cloud of gloom set in just before the open, erasing any possible "future" gain. This only turned for the worse when they released worse than expected home sales data. Thankfully … [Read More...]
DMN AUG 25 Philippines moves on after hostage crisis
PSE 3,554.15 up %0.67 up 23.66 value 4,414,231,828.50Dow Jones 10,040.45 -133.96 (-1.32%) S&P 500 1,051.87 -15.49 (-1.45%) Nasdaq 2,123.76 -35.87 (-1.66%)Wall Street was already expecting poor housing data, hence its futures were showing a drop of 1% at pre open. Confirmation that existing home sales were down 27% in July saw … [Read More...]
Finance Articles
New Trading System called PAM application reviewed!
I was keeping an open mind on this until the actual implementation day to give my feedback. At last Friday and Saturday's rehearsal, various complaints about the system hanging were sent my way. I heard that the bandwidth per PAM application takes up about 40 kbps, so some leased line connections that subscribed only 128kbps could not go for over 3 terminal connections.But the PAM launching … [Read More...]
Richard Russell’s July 9 reversal: in the hot seat
Last October 2008, we put CNBC's arrogant Jim Cramer on the hot seat with our article on his previous calls. We mentioned that, "On a personal note, I grant some large leeway, personal respect and objectivity when some media personality, local or otherwise, give their forecast. It's a forecast, it's their intelligent guess as to where the markets are headed, and their bravado to call this in public … [Read More...]
RP Investor Confidence in Q2 2010 Surges to Highest Rating in Two Years – ING
ING Investor Dashboard Sentiment Index for the Philippines reaches 157 in Q2 2010, buoyed by strong remittance trends and transition to new administrationKey Highlights of the Quarterly ING Investor Dashboard SurveyThe Philippine index is in the optimistic zone for the fourth consecutive quarter, hitting an all-time high of 157 in Q2 2010 from 139 in Q1 2010 The Philippines ranks as … [Read More...]
New Trading Fluctuation Rules may not necessarily make stocks harder to move
There is much Chatter as to how the new trading fluctuation rules may make stocks harder to move up or down due to more fluctuations needed for a stock to travel and hurdle. I surmise that sure, upon implementation of this new system, new rules, new fluctuations, volume will most certainly decrease due to familiarization factor, probably for a month, but not due to the change in fluctuation values, … [Read More...]
PSEi new trading system and rules NTS PAM
(from citiseconline email)Effective Monday 26 July 2010, the Philippine Stock Exchange will be implementing the new trading system with a new set of trading rules, as part of their commitment to enhance the trading experience and support systems for all investors, trading participants and PSE support groups.In line with making such changes, COL will need to bring down the website … [Read More...]
Forbes 40 Richest Men in the Philippines 2010 list
TWENTY billion dollars is how much a large USbank had to return to the government after receiving bailout. It is how much a giant oil company will pay victims of the recent oil spill. It is also the total net worth of the 40 richest people from the Philippines.In its 2010 list, Forbes Asia Magazine showed the Philippines 40 richest individuals’ total net worth rose a hefty 39% to $22.8 billion from … [Read More...]
Finance Manila Absolute Traders Get Together with Investor Friends
Guests Listen on to First Metro Investment's outlook What a week that was, after several weeks of planning with our friends at Absolute Traders, we were able to come up with a very special event that was enjoyed by most. PROLOGUE I must admit, the past big gatherings stressed me out a lot, as most of the preparations (finding venue, booking venue, commitment, headcount, front door guest list … [Read More...]
Gadgets and Stuff
How to disable Iphone 4, 3g, 3gs multitasking with ztoggle
Are you one of those that installed iOS4 on your old 3g or 3gs Iphone device and find that the multitasking feature is too much for your memory? Well, I am one of those with an Iphone 4 and even I find that multitasking ridiculous. For those not in the know, multitasking is not a choice in Iphone 4. When you are running any app, most apps have no EXIT button, and the only way to really exit would … [Read More...]
Iphone 4 reviewed, unlock, jailbreak, and installous
Thanks to the combined gift contributions of Jerry Angping, Lucio Tan, JGokongwei, and Alfredo Ramos, I was able to get my hands on a new toy, the Iphone 4.Unlocking the Iphone 4 was easy, simply follow the instructions here on how to unlock your ios4 iphone os4. Unlocking means using the Iphone for use with any telco carrier you choose. But before you can unlock an iphone, you must first jailbreak … [Read More...]
Iphone 4 signal problem fix
Being an Iphone fan, yes I'm interested in getting the new Iphone 4 (in white in case anyone is interested in giving me!), despite some rantings against signal troubles.You see, the Iphone 4's flat silver metal edge wrapped around the side are actually broken down into three separate strips which are antennas covering one for Bluetooth, Wi-Fi and GPS and the other for UMTS and GSM (telephony data … [Read More...]
iPhone 4 FaceTime Video Sex Line Chat Now a business
Taking advantage of the new Iphone's live front camera, enterprising adult entrepreneurs are already looking to branch into providing adult video chat over the iPhone 4’s Facetime service. Ads like this have started to pop up on Craigslist:iPhone 4 FaceTime Video Sex Line Chat – free iPhone 4 (NYC/LI) Date: 2010-06-27, 12:06PM EDT Reply to: job-dqsyj-1813619670@craigslist.org [Errors … [Read More...]
Iphone 4 jailbreak now available
With Apple Iphone's latest phone model unit Iphone 4, comes the latest operating system iOS4, which can also be used for older models 3g, and 3gs. The jailbreak for these older models can be found in this site of devteam, and this redsnow site.However, the one click user friendly jailbreak for iOS4 for the actual new Iphone 4 unit has yet to be made. Sources say that hackers already have root … [Read More...]
How to cut and make your own microsim for Ipad and Iphone 4
For now, only Globe Telecoms here in the Philippines offer microsim. Other telco carrier users who own Ipads or Iphone 4 may be dismayed as these new gadgets can only contain microsim, which is a similar sim technology, only smaller in size.How to make your own iPhone 4 or iPad Micro SIM. This question from almost every iPhone 4 and iPad user has been answered. German website MacTechNews showed … [Read More...]
Recent Comments