* COSCO went down to 16.52 and recovered a bit and close to 16.74. I am speculating that the selldown was affected by PGOLD being removed in the MSCI small cap index. I am not worried at this point since fundamental of the stock is still intact and this is part of my longterm stocks
* I also bought a few shares of FOOD. Reported that they will pursue their Singapore listing by second half of 2013. About June. They also had a 25% increase in their profit first quarter of the year. Technically, it seems to me that the downtrend is not yet over as STS and RsI are still pointing down. They are approaching oversold levels. 1.85 is the strong support to break. This may consolidate for now as the SG listing is not yet materialized. I am just getting my early sits and ready to jump off when necessary. I believe this company have a good future in terms of their business.
Thursday, May 16, 2013
Tuesday, May 14, 2013
StockLog: May 15, 2013
* sold BLOOM (trail stop hit)
* added more on COSCO. Small number
Shares remaining for the planned size.
* shopping spree on COSCO
* COSCO is my long term(6 months to a year) or maybe longer.
* BUY in May and Go Away is my vote ^_^
* added more on COSCO. Small number
Shares remaining for the planned size.
* shopping spree on COSCO
* COSCO is my long term(6 months to a year) or maybe longer.
* BUY in May and Go Away is my vote ^_^
StockEntry: COSCO
* long term plan in view of PGOLD
* FOO is not yet known as of this writing so need to
Ready the fund for this
* will try to hold till 30 - 40
* initial TP is 20
* overheard good candidate for index
You may want to look how I select and trade a stock here
Friday, May 10, 2013
StockLog: May 6 - 10 2013
Written : May 10, 2013 writng while in front of tv.
This week has been very busy week for me for there were tasks in the office that needed to be done. I was also searching for learning materials on the new knowledge that i want to acquire. Not related to stock trading/investing but on my first love, software development.
So, i'll just write what i can remember what i did this trading week.
* was disappointed with BLOOM during the first few days of the week but had some light today (Friday) as it reached 12.36. I'm writing using ipad so i don't have the chart to comment on. But i still believe in my plan on this stock since i heard that broker houses throw a BUY this week.
* FGEN hit me hard this week but unable to cutloss on my plan since was not focused on the market during the time it went down. I am not sure if the companies under FGEN was affected by the massive blackout that occur in Luzon. Well, it showed a little life today but closed unchanged.
* Lucio CO took over MMI this week as another holding company fot his business aside from the companies that will be in APM(COSCO) by next week. I traded MMI but lost since the price went down. I just executed my plan on this. Well the good this was "Plan your Trade and Trade your plan" saved me from being toasted.
* I had a very good trade with another Lucio Co company, APM. Aside that it recovered my losses from MMI, it also gave me bonus profit. I believe there's still momentum on this stock so i'll just prepare myself for next opportunity comes next week.
* I had sent a false alarm to my broker (COL) that there was a discrepancy in my account. Sent them screenshot of my port and even called them to followup. But found out that the discrepancy was caused by my IPO subscription on AUB. (Yes, I forgot! ^_^ ). Speaking of AUB ipo, listing will be next week, May 17. Based on feedback that i read forums, a lot of good news on the stock. But of course, the real thing will be on the IPO.
* oh, i almost forgot that the PSEi had its 29th record high this year. It closed 7,262.380
Next week would be another exciting week. Election result , IPO , COSCO and other market force may push the PSEi to trade at 7,300 level.
This week has been very busy week for me for there were tasks in the office that needed to be done. I was also searching for learning materials on the new knowledge that i want to acquire. Not related to stock trading/investing but on my first love, software development.
So, i'll just write what i can remember what i did this trading week.
* was disappointed with BLOOM during the first few days of the week but had some light today (Friday) as it reached 12.36. I'm writing using ipad so i don't have the chart to comment on. But i still believe in my plan on this stock since i heard that broker houses throw a BUY this week.
* FGEN hit me hard this week but unable to cutloss on my plan since was not focused on the market during the time it went down. I am not sure if the companies under FGEN was affected by the massive blackout that occur in Luzon. Well, it showed a little life today but closed unchanged.
* Lucio CO took over MMI this week as another holding company fot his business aside from the companies that will be in APM(COSCO) by next week. I traded MMI but lost since the price went down. I just executed my plan on this. Well the good this was "Plan your Trade and Trade your plan" saved me from being toasted.
* I had a very good trade with another Lucio Co company, APM. Aside that it recovered my losses from MMI, it also gave me bonus profit. I believe there's still momentum on this stock so i'll just prepare myself for next opportunity comes next week.
* I had sent a false alarm to my broker (COL) that there was a discrepancy in my account. Sent them screenshot of my port and even called them to followup. But found out that the discrepancy was caused by my IPO subscription on AUB. (Yes, I forgot! ^_^ ). Speaking of AUB ipo, listing will be next week, May 17. Based on feedback that i read forums, a lot of good news on the stock. But of course, the real thing will be on the IPO.
* oh, i almost forgot that the PSEi had its 29th record high this year. It closed 7,262.380
Next week would be another exciting week. Election result , IPO , COSCO and other market force may push the PSEi to trade at 7,300 level.
Saturday, May 4, 2013
StockWatch: TA, FPH and LPZ
The Philippines got its second credit rating upgrade
from S&P's that zoomed the PSEi into its 28th
record breaking for this year. Overheard that Moody's
will next to give their credit upgrade for the Philippines.
As of this point most of our index stocks are hovering
at overbought levels, which means they're candidate for
profit taking. Still always check your greed meter, watch
and observe what's happening around the market and always
protect the capital. The market is always there to serve you
for another profit opportunity.
I've seen TA, FPH and TA
as interesting to watch this week.
TA (Trans Asia Oil and Energy Dev)
FPH (First Philippine Holdings Corp)
LPZ (Lopez Holdings Corporation)
Thursday, May 2, 2013
StockLog: May 3, 2013
* bought first tranche for FGEN. Reached 23.60 but closed at 22.90. No access to see the latest chart.
* BLOOM was beaten again today. Zoomed as high as 12.70 but closed at 12.10. I may revisit my plan on this stock.
* PSEi shoot up in reaction to the 2nd rating upgrade from S&P's and strong corporate earnings. market close at new record high of 7,215.35 up by 121.93 or 1.72%.
* BLOOM was beaten again today. Zoomed as high as 12.70 but closed at 12.10. I may revisit my plan on this stock.
* PSEi shoot up in reaction to the 2nd rating upgrade from S&P's and strong corporate earnings. market close at new record high of 7,215.35 up by 121.93 or 1.72%.
StockEntry: FGEN
* stop at 22.15
* week support at 22.57
* week resistance at 23.62
* chart and indicators were captured a few minutes after i bought the stock
Majority of my indicators are strong BUY.
FGEN is one of the blues or Index stock.
this may benefit on the 2nd investment grade
upgrade from S&P's.
ASM is also every 2nd wednesday of May. This year it will be May 8, 2013. Let's see what will happen on the ASM.
You may want to look how I select and trade a stock here
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