what i read today: What You NEED to Know to Be a Successful Investor (31 aug 2012)

What You NEED to Know to Be a Successful Investor

The Ninja Stock Monitor (29 aug 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


29 aug 2012 closing prices 

agi (alliance global)

c: 11.86 (+)
s: 11.70 (intraday low); 11.08; 11.0
r:  11.88 (intraday high); 12
vol: (+)
macd: < 0
macd histogram: > 0
macd histogram direction:(+)
rsi: 61.32(+)
sts: 82.68(+)
rem: followthru buying today .. but macd still in negative territory .. adjust stops 

previous AGI Monitor 

 

pip (pepsi) 

 

c: 3.60 (+)

s: 3.43 (intraday low); 3.40
r:  3.61 (intraday high); 3.65
vol: (+)
macd: < 0
macd histogram: < 0
macd histogram direction:(+)
rsi: 69.48(+)
sts: 57.44(+)
rem: pip closed its highest ever today ... macd histogram changed direction (!) .. bottom possibly already reached at 3.41-3.42 levels ... still no macd buy signal .. macd signal possible in the coming days ... initial buybak position entered today .. adjust stop to breakeven price .. monitor closely 

 

 

web (philweb) 

 

c: 16.96 (+)

s: 16.30 (intraday low)
r:  17
vol: (+)
macd: > 0; sell signal
macd histogram: < 0
macd histogram direction:(-)
rsi: 77.41(+)
sts: 96.58(-)
rem: sell downs by desperate escapists ... but defenders bot web up again ... macd sell signal today ... lightened up a bit yesterday and today but majority of position still longish ... hanging men the past few days ... 

previous WEB Monitor 

The Ninja Stock Monitor (28 aug 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


28 aug 2012 closing prices 

agi (alliance global)

c: 11.72 (+)
s: 11.22 (intraday low); 11.08; 11.0
r:  11.78/11.80; 12 (psych res)
vol: (+)
macd: < 0
macd histogram: > 0
macd histogram direction:(+)
rsi: 58.57(+)
sts: 68.84(+)
rem: nice price action today ... macd still in negative territory .. breached 20-, 50- and 200 DMAs ... just adjust stops 

previous AGI Monitor 

web (philweb)

c: 16.92 (-)
s: 16.28 (intraday-low)
r: 16.94 (psych res)
vol: (-)
macd: > 0
macd histogram: > 0
macd histogram direction: (-) 
rsi: 76.9(-)
sts: 97.48 (-)
rem: rsi and sts at overbot levels ... macd, rsi and sts all declining .. macd may give a sell signal any day now .... lighten up position .. monitor closely ...


previous WEB Monitor

an evening to remember ... 2 stocks for 2013 (27 aug 2012)

last friday evening found me in the company of fellow traders from the stock market forum financemaninla.net and non FM guests (my idol "facelesstrader" (http://facelesstrader.wordpress.com/) was there ... thanks a million to FM master the "DRAGON" for inviting her)  ... its was an evening to remember ... for aside from the "eat all u can" food and the "bottomless beer" ... i finally got to meet financemanila masters "philinvestor", "mr. banker" and "surfer" who all have their own FM stock threads ... i may get to write about what we discussed then (and it is always an evening well spent when FMers get to meet and chat over food and drinks) .. but that i guess will have to wait a while while i digest all the stock info that was shared that night ... altho id make one exception now to a question that was asked me by one of the attendees ... which small cap or illiquid stock am i buying at the moment ... i havent looked at their latest financial statements nor checked their charts (checking their charts by the way would be a futile exercise if one wants to discern their future course of price action as they are quite rarely traded) ... but i responded with two issues ... which i hopefully plan to write something about in the coming days .. and these are cirtek (chips) and pancake house (pckh) ... i clarified to them that im buying these two for the long term ( = 2013) ..  as it is quite difficult to buy a lot of them at a time .. so im nibbling a few bites if and when they are offered at my preferred price ...

my daily trading routine

1. pre-open

- open yahoo messenger
- read online news
- read pse website for recent disclosures
- review charts of monitored stocks
- check email
- check favorite blogs
- read financemanila.net
- join chatroom
- check pre-open postings (bid/ask)
- check latest account balance with broker ... ask for trading floor gossip

2. trading session

- trade :D
- check pse website for recent disclosures
- check financemanila.net for recent posts
- check online news
- monitor chatroom discussion
- check email

3. post trading session

- review trades/trading session
- read pse website for recent disclosures
- read financemanila.net for recent posts
- check favorite  blogs
- think about something to post in the blog/post it if there is
- join chatroom for post trading review
- check online news
- check email
- review charts/plan for next trading day

*subject to change without prior notice


back to: my trading rules

in the news: pckh (19 aug 2012)

Pancake House H1 earnings hit P49.9M By Zinnia B. Dela Peña (The Philippine Star) Updated August 19, 2012 12:00 AM

MANILA, Philippines - Lorenzo-led Pancake House Inc. more than doubled its first semester earnings to P49.9 million on stronger margins due to the hefty contribution of its New York-style pizza chain Yellow Cab as well as from the continued expansion of its flagship brand Pancake House.

Consolidated revenues in the first six months of the year surged 86 percent to P1.67 billion, mainly driven by new store development and same store sales growth. Total system-wide sales (total sales to customers both from company-owned and franchised stores) increased 77.19 percent to P2.02 billion.

...

Pancake House expects its net earnings to grow 70 percent this year from P90.16 million in 2011 largely due to the full-year contribution of Yellow Cab. Its EBITDA is likewise seen to rise to a range of P330 million to P570 million.


http://www.philstar.com/Article.aspx?publicationSubCategoryId=66&articleId=839457

what i read today: A Guide to Protective Stop Losses (15 aug 2012)

A Guide to Protective Stop Losses

The Ninja Stock Monitor (web, 13 aug 2012)

selected technical indicators of PSE-listed stocks

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 aug 2012 closing price

web (philweb)

c: 16.60 (+)
s: 16.48
r:  16.70; 17
vol: (average)
macd: > 0
macd histogram: > 0
macd histogram direction: (-)
rsi: 82.29 (+)
sts: 99.72(unxhanged)

rem: extremely overbot ... just adjust trailing stops ....

*click here for previous web monitoring :

  

The Ninja Stock Monitor (05 aug 2012)

The Ninja Stock Monitor (08 jul 2012)

The Ninja Stock Monitor (3 Banks, 12 aug 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


10 aug 2012 closing prices 

chib (china bank)

c: 471.20 (-)
s: 471.20; 470
r:  471.40
vol: (+)
macd: < 0
macd histogram: < 0
macd histogram direction:(+)
rsi: 28.2 (+)
sts: 3.12(-)
rem: rsi and sts already at oversold levels .. macd indicates that chib already is nearing the buying opportunity zone ... just wait ..


ew (east west bank)

c: 19.40 (-)
s: 19.26; 19
r:  19.70; 19.98/20
vol: (-)
macd: > 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 61.17 (unchanged)
sts: 66.67(-) .. sell signal last thursday
rem: just monitor

mbt (metro bank)

c: 94.85 (-)
s: 93;92.10

r:  95; 97.50
vol: (+)
macd: > 0
macd histogram: < 0
macd histogram direction: (-)
rsi: 45.47 (-)
sts: 47.44 (-); sell signal the day before
rem: just monitor .. wait

my trading tactics

 this is version 2 of my 21 march 2012 post (see: when do i buy - 1)

1. trading by indicators

1.1  buy when the following conditions exist (there are exceptions to this rule):

1.1.1 macd < 0

1.1.2 macd histogram < 0

1.1.3 macd histogram just changed direction .. . from negative/pointing downwards to positive/pointing upwards or ... when macd gives a buy signal

1.1.4  sts (at oversold levels) pointing upwards

2. range trading

2.1 buy when the price nears support (indicators 1.1.1- 1.1.4 need not be met .. e.g. macd may be > 0 ..etc.)

3. breakout trading

3.1 buy when the price breaches resistance (indicators 1.1.1 - 1.1.4 usually are not met as the price is already at its highest in the macd cycle (macd bottom to macd top) ... hence breakout trading is more risky compared to trading using indicators and range trading).

4. speculative trading

4.1 buy when a speculative opportunity presents itself (trading using 1-3 conditions do not apply) .. this is more like blind trading ... which i do only in very exceptional cases.


back to: my trading rules

The Ninja Stock Monitor (vita,10 aug 2012)

selected technical indicators of PSE-listed stocks

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


10 aug 2012 closing price

vita (vitarich)

c: .63 (+)
s:  .60 (psych support); .57 (intraday low)
r:   .65 (psych res); .67
vol: (+)
macd: > 0 (buy signal on friday)
macd histogram: > 0
macd histogram direction: (+)
rsi: 54.88 (+)
sts: 50(+); buy signal on thursday
rem: seems vita has reached its bottom at .56-.57 and broke out of the psych res of .60 .. closing at .63 with a macd buy signal. sts gave a buy signal yesterday ... next to be hurdled is the psych res of .65 (also the 20 DMA) ... monitor closely .. caution: extremely speculative

what i read today: How to Not Lose Big Money in the Stock Market (09 aug 2012)

How to Not Lose Big Money in the Stock Market

The Ninja Stock Monitor (05 aug 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


03 aug 2012 closing prices 

agi (alliance global)

c: 11.04 (-)
s: 11.04 (intraday low); 11.00
r:  11.32; 11.38; 11.50 (psych res)
vol: (+)
macd: < 0
macd histogram: < 0
macd histogram direction:(-)
rsi: 34.24 (-)
sts: 2.95(-)
rem: macd gave a sell signal last thursday; sts at oversold levels; ideal set up  ... monitor closely for possible initial entry in the coming days


atn (atn holdings )

c: 2.55 (-)
s: 2.50 (psych support; 2.40
r:  2.69 (intraday high); 2.71/9
vol: (-)
macd: > 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 55.41 (-)
sts: 60.23(-)
rem: red candle ... losing momentum .. possible macd sell signal in the coming days... just follow the trading plan

chib (china bank)

c: 478 (+)
s: 475/6

r:  480; 481
vol: (-)
macd: < 0
macd histogram: < 0
macd histogram direction: (+)
rsi: 35.64 (+)
sts: 11.01 (+)
rem: continue monitoring; ideal buy setup

mjc (manila jockey club)

c: 3.82 (+)
s: 3.50 (psych support)

r:  3.90; 4.00
vol: (+)
macd: > 0; buy signal
macd histogram: > 0
macd histogram direction: (+)
rsi: 82.97 (+)
sts: 72.5 (+)
rem: adjust stops ... monitor closely

pgold (puregold)

c: 27.40 (+)
s: 27.15 (intraday low)
r:  27.50 (intraday high)
v: (-)
macd: > 0; buy signal given
macd histogram: > 0
macd histogram direction: (+)
rsi: 56.41 (+)
sts: 80.4(+)
rem: macd buy signal .. but doji candle ... almost 1 peso gain since last week ... monitor

rlc (robinson's land)

c: 19.00 (+)
s: 19.00 (intraday low)
r: 19.30
vol: (-)
macd: < 0; macd sell signal
macd histogram: < 0
macd histogram direction:(-)
rsi: 57.27 (+)
sts: 56.70(-)
rem: rsi reversed direction as rlc closed higher than previous day; altho sts sell signal given last thursday ... continue monitoring

scc (semirara mining)

c: 227 (unchnged)
s: 224
r: 230; 238

vol: (average)
macd: > 0
macd histogram: > 0
macd histogram direction: (+)
rsi: 54.76(unchanged)
sts: 50.72 (-)
rem: widetrading band ... just monitor 

sm (sm investments corp)

c: 751(-)
s: 749.50
r:  755
vol: (-)
macd: > 0
macd histogram: > 0
macd histogram direction: (-)
rsi: 60.31 (-)
sts: 86.63 (-)
rem: successive dojis ... but macd seems to be losing steam .. rsi and sts also weakening .. possible move below 750 .. low end of the trading range .. 712 

web (philweb)

c: 15.88 (+)
s: 15.52/50
r: 16 (psych res)
vol: (average)
macd: > 0
macd histogram: > 0
macd histogram direction: (-)
rsi: 75.83(+)
sts: 100 (unchanged)
rem: rsi and sts at overbot levels... macd still declining .. just monitor closely .. adjust stops


*click here for the previous monitors:

The Ninja Stock Monitor (31 jul 2012)

The Ninja Stock Monitor (29 jul 2012)