Thursday, April 27, 2017

chart monitor: MWIDE/MEGAWIDE CONSTRUCTION CORPORATION (27 APR 2017)


MWIDE chart as of 27 APR 2017
(click on the chart to enlarge)

remarks:

TRANSACTIONS (27 APR 2017)

sold 1/3 of BEL

stok tots: whats in my portfolio? (5) (27 APR 2017)

going into the fifth month of 2017 ... here is my portfolio of stocks with significant value ...

BEL
FDC
FJP
JAS
JFC
MER
MPI
MRC
MWIDE
PERC
PIZZA
SMC
SMPH

small value stocks are...

ALCO
ANS

i still have some barya stocks not worth mentioning here kasi nga .. barya lang sila  ...

significant changes in the port are:

FJP - the stock value rose
MRC - i added more
MWIDE - the stock value rose
ALCO - i bot bak my ALCO

im up 8.76% from april 2017 ... my largest gain so far in terms of absolute values ... despite having a 400k paper loss sa MRC ...

for last month's portfolio click here: stok tots: whats in my portfolio? (4) (01 APR 2017)


Sunday, April 23, 2017

question and answer: short term trend following and long term position trading .. (23 APR 2017)

from a Finance Manila reader this morning ...

question:

Hi Sir Shoyu

Am a long term here (ACR) . But buys when I think price is cheap. But using technique as a short term trend follower I entered @ 1.45 when MACD is higher at 0.01. I added again April 21 @ 1.53 when MACD is .02. Am I doing the right thing?

My long term holdings with ACR average 1.25

TIA


my reply:

a short term trend follower follows the cycle of the stock price .... when the macd is below the 0 - horizontal and it is going up na (as well as the price ) you start buying ... then sell when the price is lower (cutloss) or when it hits your trailing stops (when the price is higher which means profit ka ) ... one cycle lang .... buy low .. sell high ...

if you are a long term trader ... you wont mind the cycles .. basta buy ka lang ng buy ...

so either short term trend follower ka .. or a buy and hold long term trader .... you cant be both ...

if you want to be both ... make a distinction .. two positions ... one is for short term trend following ... one is for long term position trading ... then trade them separately ... wag paghaluin ...

when using the macd .. i dont look at the numbers ... just look at the positions of the lines .. if the macd HISTOGRAM is below the 0 - horizontal and is rising (as well as the price) .. yun .. start buying ako ... walang number numbers ...

ask lang if may tanong ka pa ...

good luck! 8)

TRANSACTIONS (23 APR 2017)

last fridays transactions ...

sold all my LMG ... potah bad trip ....

added to my MRC from my LMG proceeds ..

Sunday, April 16, 2017

chart monitor: MER/MANILA ELECTRIC COMPANY (16 APR 2017)


MER chart as of 12 APR 2017 
(click on the chart to enlarge)

remarks:

1. MER closed higher to 284.00 ... up .42% ...

2. resistance: 284.60 ...

3. the macd histogram is above the 0 - horizontal ... it is higher ...

4. hold lang ako sa MER ... tumataas pa e ... the last price decline of MER was due to the price adjustment related to the dividend going ex-date ... i did not sell since mababa naman yun stop loss ko in anticipation of the dividend going ex-date ... hindi naman tinamaan ... with the dividend .. MER is trading at an equivalent price of 293.30 ...


* what is a "short term trend follower"

* these notes are good only for the next trading day ... and NOT for the subsequent trading days 

* these notes are mine alone ... and are for sharing with short-term trend followers


for more philippine stock market views and information please check:

FINANCE MANILA



STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!



p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose.

if i were a short term trend follower*: MED/MEDCO HOLDINGS, INC (16 APR 2017)


MED chart as of 12 APR 2017 
(click on the chart to enlarge)

remarks:

1. MED closed unchanged at 68 centavos ...

2. bottom/support: 64 centavos ...

3. top/resistance: 73 centavos ...

3. the macd histogram is above the 0 - horizontal ... it is lower ...

4. MED is in a tight range right now ... since middle of february pa sya ganun .. 64 - 73 centavos ... tulad ng nasabi ko last time i blogged about MED (click here) .. "it is not doing anything ... not nice for a trend follower ... if i were a short term trend follower* ... ill wait muna ... maybe if it goes above 73 ... then maybe ill consider buyng ..." ... nasa midpoint sya ng range .. so im not doing anything ... mabuti if nasa bottom of the range or nasa top .. i may consider buying ...   pero nasa gitna e ...


* what is a "short term trend follower"

* these notes are good only for the next trading day ... and NOT for the subsequent trading days 

* these notes are mine alone ... and are for sharing with short-term trend followers


for more philippine stock market views and information please check:

FINANCE MANILA



STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!



p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose.

CAMFROG ADVENTURES (11): #LOLLIPUFF (16 APR 2017)


Saturday, April 15, 2017

stok tots: "premium" subscriptions (15 APR 2017)

grabe ... i chanced upon a regular "premium" feature of a website with many premium contributors ... this one ... potah ang dami daming dada ... i dont know if we are trading the same pse .... e ako .. simple lang system ko .. eto .. grabe ... and so on in the other "premium" subscription articles by the great gurus ... talagang "write for money" lang ang story nila .... which i have no quarrel with ... ganun talaga e ...pero .. is it the same pse we are trading? ilan lang naman ang stocks naten .. 200 plus .. .. for them to conjure so many scenarios ... e ang movement lang naman ng stock e .. pataas .. pababa .. o kaya unchanged .. 3 lang! hahaha .. tatlo lang ang possible movements ng stock price ... e saan pinagkukuha ng mga guru na ito pinagsasabi nila? haaay ...

Friday, April 7, 2017

TRANSACTIONS (07 APR 2017)

sold my remaining PMPC .. buy bak na lang ulit .. need the money to buy something e ...

chart monitor: MWIDE/MEGAWIDE CONSTRUCTION CORPORATION (07 APR 2017)


MWIDE chart as of 07 APR 2017
(click on the chart to enlarge)

remarks:

questions and answers: on mrc (07 APR 2017)

on facebook .. i was asked the folllowing yesterday ...


Sir, how do u decide to add on a stock even if the price seems already high? What factors do look at or ano po strategy gamit niyo? Thanks

my response:

i have no scientific explanation for this .... altho i have many unscientific ones ... first ... you may add on a stock that you already have a previous base on at a lower price .. my base is at 19plus ... second ... as long as your allocaton is not yet filled for the stock .. you may continue buying at higher prices .. i have only 1/3 of my budget for mrc filled .. so meron pa 2/3 ... third .... buy only at higher prices .. dont add when prices go low .. TANGA lang ang gumagawa nun ... fourth .. for as along as i feel na hindi pa tapos ang story ng isang stock for this particular cycle .. ok pa mag buy up .. and kahapon may disclosure pa na bago .... . which makes the next asm as my possible sell area ... .

Tuesday, April 4, 2017

question and answer: JFC, DNL and MPI (04 APR 2017)

from a reader in Finance Manila ....

question:

"sir shoyu, wat do u think of JFC DNL and MPI? i both have the 3..."


answer:

first ... "both" is only for two ... not 3 ...

JFC


if i am a trend follower and i have JFC .. continue ko lang hold sya now ... ang hirap makahanap ng trail stop ...  ill set my trail stop just below 195 ...


DNL



trading range is 12.64 - 12.96 ... well the histogram is still below the 0 - horizontal .. so hold lang ako .. walang nangyayari pa sa kanya .. trail stop is just below 12.64 ...  magkaka excitement lang ulet kung above 12.96 - 13.00 ito ...


MPI


trailing stop at just below 5.98 ... hopefully magtuloytuloy ang histogram beyond the 0 - horizontal ... of course hold lang ako ...




chart monitor: MRC/MRC ALLIED INCORPORATED (04 APR 2017)


MRC chart as of 04 APR 2017
(click on the chart to enlarge)

remarks:

in the news: AB/Atok-Big Wedge Co., Inc.


in the news: APL/Apollo Global Capital, Inc.


Saturday, April 1, 2017

stok tots: whats in my portfolio? (4) (01 APR 2017)

going into the fourth month of 2017 ... here is my portfolio of stocks with significant value ...

BEL
FDC
JAS
JFC
MER
MPI
PERC
PIZZA
SMC
SMPH

small value stocks are...

ANS
FJP

i still have some barya stocks not worth mentioning here kasi nga .. barya lang sila  ...

significant transactions were the following:

sold some STI
sold some FJP
sold some PIZZA
sold all my ALCO
sold all my UBP

added more JAS

im down 1.18% from march 2017 ...

for last month's portfolio click here: stok tots: whats in my portfolio? (3) (25 FEB 2017)


chart monitor: JFC/JOLLIBEE FOODS CORPORATION (01 APR 2017)


JFC chart as of 31 MAR 2017
(click on the chart to enlarge)

remarks: