The Ninja Stock Monitor (mjc, 31 jul 2012)

selected technical indicators of PSE-listed stocks
these are my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
unch: unchanged
(+): higher
(-): lower


31 july 2012 closing prices

mjc (manila jockey club)

c: 2.35 (+)
s: 2.30 (intraday low)
r:  2.50
vol: (+)
macd: > 0
macd histogram: < 0
macd histogram direction:(+)
rsi: 49.71 (+)
sts: 28.33(+)
rem: altho macd is still >0, macd histogram seems to indicate that the bottom (2.30) has already been reached ... entered initial position yesterday .. added some more today ... will monitor closely ... will add some more if there is continuing positive price action ... warning: highly speculative


*click here for the previous The Ninja Stock Monitor (29 july 2012)

The Ninja Stock Monitor (29 jul 2012)

selected technical indicators of PSE-listed stocks
these are my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
unch: unchanged
(+): higher
(-): lower


27 july 2012 closing prices


atn (atn holdings )

c: 2.78 (+)
s: 2.60 (intraday low); 2.50
r:  2.80; 3.0
vol: (+)
macd: > 0
macd histogram: > 0
macd histogram direction:(+)
rsi: 69.98 (+)
sts: 87.35(+)
rem: macd gave a buy signal last thursday; rsi and sts at overbot levels; breakout from 2.74 res ... just adjust stops; lighten position if momentum weakens; add if 3 pesos is breached 

chib (china bank)

c: 480 (+)
s: 477

r:  487
vol: (-)
macd: < 0
macd histogram: < 0
macd histogram direction: (+)
rsi: 36.6 (+)
sts: 14.22 (+)
rem: rsi buy signal; add a few more chib

pgold (puregold)

c: 26.45 (+)
s: 26.20 (intraday low)
r:  26.65 (intraday high)
v: (-)
macd: < 0
macd histogram: < 0
macd histogram direction: (+)
rsi: 49.08 (+)
sts: 20.06(+); buy signal given
rem: macd histogram direction quite attractive .. tho no macd buy signal yet, sts buy signal already 

rlc (robinson's land)

c: 19.50 (-)
s: 19.22 (intraday low);19
r: 19.80; 20
vol: (-)
macd: > 0
macd histogram: > 0
macd histogram direction:(+)
rsi: 69.33 (-) sell signal
sts: 85.09(-)
rem: rsi sell signal ... red candle ... possible start of slide down ... just monitor ...

scc (semirara mining)

c: 227 (-)
s: 220
r: 231

vol: (-)
macd: > 0
macd histogram: > 0
macd histogram direction: (-)
rsi: 55.2(-)
sts: 71.49 (+)
rem: just monitor 

sm (sm investments corp)

c: 740.50(+)
s: 723
r:  740.50 (intraday high); 746, 750 (psych res)
vol: (+)
macd: > 0
macd histogram: < 0
macd histogram direction: (-)
rsi: 57.27 (+)
sts: 40.79 (+)
rem: macd pointing north, no buy signal yet ... res of 750 waiting to be breached 

web (philweb)

c: 15.04 (+)
s: 14.76 (intraday low); 14.50
r: 15.04 (intraday high); 15.10 (psych res)
vol: (+)
macd: > 0
macd histogram: > 0
macd histogram direction: (-)
rsi: 66.63(+)
sts: 99.03 (+)
rem: psych res of 15 is broken ... sts at overbot level while rsi still climbing ... macd already on the decline .. just keep a close watch .. adjust stops


*click here for the previous The Ninja Stock Monitor (15 july 2012)

The Ninja Stock Monitor (15 jul 2012)

selected technical indicators of PSE-listed stocks
these are my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
unch: unchanged
(+): higher
(-): lower


13 july 2012 closing prices


agi (alliance global)

c: 11.68 (+)
s: 11.64 (intraday low); 11.50, 11.38
r:  11.74 (intraday high); 11.92 12
vol: (-)
macd: < 0
macd histogram: > 0
macd histogram direction:(+)
rsi: 46.75 (+)
sts: 50.72 (+)
rem: monitor for possible initial reentry position


fph (first philippine holdings)

c: 76.90 (-)
s: 76.30

r:  77.88 (intraday high)
vol: (-)
macd: > 0
macd histogram: < 0
macd histogram direction: (-)
rsi: 61.39 (-)
sts: 73.38 (-); sell signal
rem: sts sell signal .. macd and rsi gave sell signals days go ... just monitor


glo

c: 1121 (+)

s: 1110
r:  1137 (intraday high)
vol: (+)
macd: > 0
macd histogram: < 0
macd histogram direction:(-)
rsi: 53.32(+)
sts: 53.1 (-)
rem: 1110 seems to be a strong support ... just monitor

ict

c: 70.85 (-)
s: 70.8 (intraday low)
r:  71.95 (intraday high)
v: (-)
macd: > 0
macd histogram: < 0
macd histogram direction: (-)
rsi: 46.55 (-)
sts: 13.57(+)
rem: support of 70.7 seems to have held ... just monitor

sevn (philippine seven)

c: 61 (+)
s: 59.60 (intraday low)
r: 62
vol: (+)
macd: > 0
macd histogram: > 0
macd histogram direction: (-)
rsi: 78.59(+)
sts: 87.3 (-)
rem: 60 seems to be holding ... asm is nearing ... expect volatility in the coming days .. closely monitor for possible violent exit

sm (sm investments corp)

c: 725 (-)
s: 724
r:  740 (intraday high)
vol: (-)
macd: > 0
macd histogram: < 0
macd histogram direction: (-)
rsi: 53.73 (-)
sts: 64.66 (-)
rem: doji ... just monitor .. possible reentry if reversal happens


web (philweb)

c: 14.02 (+)
s: 13.28 (intraday low)
r: 14.02 (intraday high)
vol: (+)
macd: < 0
macd histogram: > 0
macd histogram direction: (+)
rsi: 56.19(+)
sts: 70.76 (+)
rem: very beautiful price action the past week .. fantastic entry ... just adjust stops ...


*click here for the previous The Ninja Stock Monitor (08 july 2012)

what i read today: Thinking of trading? Read this first… (13 july 2012)

Thinking of trading? Read this first…

what i read today: What Is The Best Preparation To Be A Trader? (10 july 2012)

What Is The Best Preparation To Be A Trader?

The Ninja Stock Monitor (08 jul 2012)

selected technical indicators of PSE-listed stocks
these are my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
unch: unchanged
(+): higher
(-): lower


06 july 2012 closing prices

agi (alliance global)

c: 11.82 (-)
s: 11.64 (intraday low); 11.50, 11.44
r:  11.92 (intraday high); 12
vol: (-)
macd: < 0
macd histogram: > 0
macd histogram direction:(+)
rsi: 47.82 (-)
sts: 69.57 (+)
rem: just monitor

fph (first philippine holdings)

c: 77.50 (-)
s: 77; 75; 74.55

r:  78 (intraday high); 78.55
vol: (-)
macd: > 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 72.85 (-)
sts: 90.8 (+)
rem: macd seems to be losing steam, rsi and sts both at overbought levels .. both pointing south; just monitor

glo

c: 1164 (unchanged)

s: 1120
r:  1167 (intraday high); 1172
vol: (-)
macd: > 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 64.87 (unchanged)
sts: 95.66 (+)
rem: doji; macd still pointing up ... sts at overbought levels ... just monitor

ict

c: 74.00 (unchanged)
s: 73.50 (intraday low); 71
r:  74.3 (intraday high); 75
v: (-)
macd: > 0
macd histogram: > 0
macd histogram direction: (-)
rsi: 55.04 (unchanged)
sts: 77.22(-) ... sell signal
rem: 2 dojis in a row ... sts gave a sell signal .. just monitor

jfc (jollibee food corp)

c: 105.1 (-)
s: 103.50; 100
r:  107.30 (intraday high); 109.80
vol: (-)
macd: < 0
macd histogram: > 0
macd histogram direction: (-)
rsi: 47.34 (-)
sts: 52 ()
rem: jfc is going neither here nor there .. just monitor

sevn (philippine seven)

c: 57.5 (+)
s: 50 (intraday low)
r: 58; 60
vol: (average)
macd: > 0
macd histogram: > 0
macd histogram direction: (+)
rsi: 82.78(+)
sts: 80.56 (+)
rem: the moment of reckoning is near .. will sevn breach 60? both rsi and sts at overbought levels already ... just quite ripe... closely monitor

sm (sm investments)

c: 745 (+)
s: 742 (intraday low)
r: 750 (intraday high)
vol: (-)
macd: > 0
macd histogram: > 0
macd histogram direction: (-)
rsi: 67.73(+)
sts: 83.32 (-)
rem: doji ...  will sm continue on beyond 750? sm closed at its 52week high and also its highest close ever ... just monitor

web (philweb)

c: 12.28 (+)
s: 12.1 (intraday low)
r: 12.3 (intraday high)
vol: (average)
macd: < 0
macd histogram: < 0
macd histogram direction: (+)
rsi: 17.79(-)
sts: 3.04 (+)
rem: possible bottom reached already? monitor for reentry


*click here for the previous The Ninja Stock Monitor (20 june 2012)

what i read today: Grow Your Wealth For Decades Without A Single Losing Year (07 july 2012)

Grow Your Wealth For Decades Without A Single Losing Year

my stock picks for the coming weeks (01 jul 2012)

for these coming weeks .. im looking at the following issues with my reasons for choosing them:

1. sevn: on 24 july 2012, sevn will have its annual stockholders' meeting, with the approval of a stock dividend declaration on the agenda. however, its not clear how much will be declared ... only that the capital stock will be increased from 400M to 600 M.

im thinking sevn will be quite active (actually it has already been quite volatile the past 2 weeks with large foreign crosses) leading to the asm.

2. mih: mih's stockholders in the recent asm authorised management to: a. divest its shares in two of its subsidiaries; b. look for new acquisitions to replace the two subsidiaries to be sold (im looking at an acquisition with payment to be made in mih stocks .. thereby carrying out a backdoor listing via a share swap);  and c: conduct a stock buyback of around 28M mih shares at a minuimum price of mih's book value.

mih has already made quite some move, closing last friday (29 jun 2012) at 2.60 (it is reported that mih's book value stands presently at 2.50 per share). im looking at further price volatility as new developments regarding the planned divestments and prospective backdoor listing unfold.

3. atn: i have no other reason for buying atn (i started buying last may @1.69) except that when i asked my brokers about why the brokerage house has been buying almost every trading day .. their innocent response was: client order (wahahaha).

i have no target prices for all these picks .. im just dependent on price action to show me the way.

my dark horse bets for 2012 (updated)

early this year i posted a blog entry sharing my dark horse bets for 2012 ... stocks i patiently built a small position on over a period of time (years), buying when the stock's price dipped ...  and selling some when a bit of portfolio rebalancing was required ...

i posted then that my dark horse bets for 2012 were prim/prime media holdings and ca/concrete aggregates (see : my dark horse bets for 2012 ).

however, recent developments obligate me to make that january 23 post up to date.

regarding prim ...

on 27 june 2012, prim disclosed to the pse (see: update on business plan) that prim's timetable to clean up its books and transfer its assets has been moved to the 1st quarter of 2013. these activities were deemed necessary before any new capital raising activities (possible entry of new investors/issuance of new shares/infusion of assets (stock swap)) can be accomplished. it will be recalled that my reason for choosing prim was my speculation that it will be the backdoor vehicle for the listing of mr. manny pangilinan's media assets, primarily abc 5. with this disclosure by prim, im taking out prim from my darkhorse bets for 2012 and temporarily lock it inside my stock freezer.

on ca ...

last friday, it was reported that ortigas holdings director jaime ortigas disclosed in the newspapers that ortigas holdings exercised its right of first refusal and bought the 34% block of hsbc in ortigas holdings (see:SM buy-in blocked by Ortigas Group), thereby preventing the sm group of mr. henry sy from buying into the ortigas holding company which has been rumoured before to be in negotiations with hsbc for the purchase of its 34% position in ortigas holdings.

moreover, ayala land also disclosed last friday that it will forge a strategic alliance with ortigas holdings in the development of its landbank and properties and will allocate an initial 15B pesos for that purpose (see: Executive Committee authorization to negotiate and enter into strategic alliance with Ortigas group, allocation of P15 billion). while both ali's and ortigas' disclosures do not have any direct relevance to ca, my earlier speculation that ca is a possible backdoor vehicle for the listing of some or all of the ortigas holding's assets gains a new lease on life. previously, ortigas holdings had indicated in its capital raising plans the following options: either an IPO, private placement or both. with the ortigas purchase of hsbc's stake and ali's disclosure of a strategic partnership with ortigas, im now thinking that ortigas will opt to retain ownership of its assets and just pursue joint venture projects with ali, just like what ali did with the madrigal's alabang properties, prc's santa ana race track properties and mjc's san lazaro properties. im further speculating that the ortigas properties will be infused into listed ca, then later pursue an IPO of the backdoored assets via ca thru the issuance of new shares as part of ortigas holding's capital raising activities.       

to summarise ...

im keeping ca in my list and taking out prim indefinitely from my 2012 dark horse bets.