Archive for August, 2009

Google Adsense Earnings

Posted on August 31 2009 by Bullish Trader

Do you still doubt that you could earn money online (internet)? Heard of Google Adsense but is so skeptical or just so hopeless with it? That’s what I’m thinking for about 2 yrs and 6 months! Well, not now, just received my first google adsense payout thru Western Union. Finally, I can say that it’s [...]

Ben Bernanke

Posted on August 31 2009 by Bullish Trader

Let me feature the new US Chairman of the Federal Reserve, Ben Bernanke.
He is a co-author on books about economics such as Macroeconomics, Principles of Macroeconomics, Principles of Microeconomics, etc. and author of the famous Essays on the Great Depression.

Ben Shalom Bernanke (pronounced /bərˈnæŋki/ bər-NANG-kee) (born December 13, 1953) is an American economist, [...]

Philamlife buys Ayala Life’s Stakes

Posted on August 27 2009 by Bullish Trader

THE PHILIPPINE American Life and General Insurance Co. (Philamlife), the largest insurer in the country, has acquired a controlling stake in Ayala Life Assurance Inc., a move that will allow [...]

Stock Picks: Time to buy LC stocks!

Posted on August 27 2009 by Bullish Trader

August 27, 2009-We are looking forward in buying some shares of Lepanto Consolidated Mining Co. (LC) as the price is ranging from  0.27 to  0 .29 this week! It will be a buy signal if it’ll go down to .26 or even at .27. The highest price LC has reached in a 30-day period is [...]

Stock Picks: PERC is hot today!

Posted on August 26 2009 by Bullish Trader

August 26, 2009- I was able to materialize profit today when I sold all my shares of PETROENERGY RES. CORP. (PERC) at P7.50 when I bought it a few weeks ago at P5.60. That’s 32% rate of interest in almost 3 weeks!
It rallied today! The lowest trade is at P6.20 and the highest is at [...]

Mutual Fund

Posted on August 25 2009 by Bullish Trader

We collated and researched online on the different definitions of Mutual Fund. Here:
What is a Mutual Fund?
A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors and invests it in stocks, bonds, short-term money market instruments, and/or other securities.[1] The mutual fund will have a fund manager [...]

Today’s Stock Buzz- August 24, 2009

Posted on August 24 2009 by Bullish Trader

Market poised to resume its upward move
LOCAL STOCKS are likely to resume their rise this week, boosted by an extended rally in Wall Street and the scheduled announcement of the country’s growth rate for the second quarter, analysts said.
“Players will take their cue from Wall Street’s recovery during the long weekend…,” 2TradeAsia.com said.
The American Int’l. [...]

Secrets of Millionaire Traders

Posted on August 23 2009 by Bullish Trader

My own take on the ebook as described by Netfutures.com and the-way-to-trade.com
Would really like to thank, Intelinvest Co. for sharing the ebook on Secrets of Millionaire Traders. For those who have no access to the ebook file, let me share to you what I’ve read and hope it will help those newbie traders! This source [...]

Today’s Stock Buzz- August 21, 2009

Posted on August 21 2009 by Bullish Trader

Investors secure gains ahead of weekend
SHARE PRICES closed lower on Thursday after investors booked profits ahead of the long weekend, analysts said.
The benchmark Philippine Stock Exchange index (PSEi) slipped by 1.47% or 40.71 points to 2,720.18, while the all shares index shed 1.2% or 21.34 points to 1,744.29.
A total of 3.58 billion shares worth P4.25 [...]

Today’s Stock Buzz- August 20, 2009

Posted on August 20 2009 by Bullish Trader

Bargain hunting ensues after downturn
SHARE PRICES closed 1.07% higher yesterday due to bargain hunting following a three-day downturn, dealers said.
The Philippine Stock Exchange index closed 29.34 points higher at 2,760.89. The all shares index rose by 1.07% or 18.79 points to 1,765.63.
A total of 2.89 billion shares worth P3 billion changed hands.
Advancers led losers 89 [...]

TAKE PROFITS!- Absolutetraders.com

Posted on August 19 2009 by Bullish Trader

“Take profits” is what stock mavericks of absolutetraders.com is recommending! Although the PSEi is on a short correction mode, there is a positive way that it will be bullish on the next days to come!
The nearest level of resistance for PSEi is at 2890. The MACD (below) indicates a short sell for traders. Weeeh!

So, if [...]

Stock Picks: MEG, looking forward to it!

Posted on August 19 2009 by Bullish Trader

When I started to join the stock market last June 2009, I was advised by my mentor to buy Megaworld (MEG) and Manila Water Company (MWC) stocks. I initially acquired 5000 shares of MEG at P 1.12 and 100 shares of MWC at P 14. And on July 7, 2009, I stopped buying MEG shares [...]

Today’s Stock Buzz- August 19, 2009

Posted on August 19 2009 by Bullish Trader

US market slump drags down share prices
SHARE PRICES fell further yesterday, pulled down by the chain reaction of sell-offs that started in regional bourses in Asia on Monday on news that China plans to tighten bank lending, analysts said.
The benchmark Philippine Stock Exchange index closed down by 1.43% or 39.63 points to 2,731.55, while the [...]

Today’s Stock Buzz- August 18, 2009

Posted on August 18 2009 by Bullish Trader

Prices tumble after investors cash in gains
SHARE PRICES closed 2.77% lower yesterday, hurt by weak US sentiment and investors cashing in ahead of the part of the lunar calendar that the Chinese consider unlucky, dealers said.
The benchmark Philippine Stock Exchange index lost 78.83 points to 2,771.18, its lowest level in three weeks, while the all [...]

Where To Invest Your Money

Posted on August 17 2009 by Bullish Trader

When I first engaged myself in the world of stock market, I have lots of questions and apprehensions. That’s when I tagged myself as a “newbie”. Certainly, I’ve been wanting to know how to trade and invest money thru stocks when I was in the university but never get the chance to have a hands-on [...]

Profit-taking for the Local Stock Market

Posted on August 17 2009 by Bullish Trader

Since many are taking advantage with most of their investments due to profit-taking in the past week, we are expecting that the local stock market to pull lower. This is what we see from our point of view. Check the article below and say your piece:
LOCAL STOCKS ARE SEEN becoming increasingly vulnerable to profit-taking [...]

Today’s Stock Buzz- August 17, 2009

Posted on August 17 2009 by Bullish Trader

Mixed trading expected on lack of catalysts
THE LOCAL market is expected to continue trading within its current range as some investors might book profits due to lack of catalysts.
Analysts, however, said select issues might trim the market’s losses or help it close higher.
“For [this] week, the market is expected to take a breather on lack [...]

Today’s Stock Buzz- August 15, 2009

Posted on August 16 2009 by Bullish Trader

Stocks down on profit-taking
Philippine stocks fell on Friday as investors cashed in on gains made a day earlier when shares soared following the US Federal Reserve’s upbeat assessment of the US economy.
Concerns over a bigger budget deficit in 2010 also triggered a selloff, analysts said.
The benchmark Philippine Stock Exchange index or PSEi lost 0.21%, or [...]

What is Ghost Month?

Posted on August 14 2009 by Bullish Trader

If you’re new to the world of Stock Market, you might be hearing the term “ghost month” by the investors/traders circle. Well, we visited some sites on how they view the Ghost Month as it influences business market for many. Read below:

* This years Ghost month starts on August and ends September.
The Ghost [...]

Today’s Stock Buzz- August 14, 2009

Posted on August 14 2009 by Bullish Trader

Federal Reserve announcement fuels rally
SHARE PRICES closed 0.97% higher yesterday as investors took their cue from overseas markets and an upbeat assessment of the US economy by the Federal Reserve, dealers said.
The benchmark Philippine Stock Exchange index rose by 27.54 points to 2,856.06. The all shares index rose by 0.94%, or 17.02 points, to 1,811.94.
A [...]

Will Philex Mining (PX) follow Meralco (MER) trend?

Posted on August 13 2009 by Bullish Trader

Big time stock market veterans might be on the verge of bid war in acquiring shares of ownership with Philex Mining (PX). Be expecting the two big group who are suspected to be responsible on Meralco’s (MER) sudden boom in price value for the past months will continue to do some bidding business!
To quote a [...]

President GMA Stock Ownership

Posted on August 13 2009 by Bullish Trader

This is an excerpt on the news published by www.gmanews.tv regarding President GMA’s undeclared wealth in houses and in stocks.

Few profitable firms
The president, according to SEC records updated as of October 2008, still has business and financial connections in at least five entities: Optima Research & Consultancy Agency, Inc., incorporator as of Sept 15, [...]

Today’s Stock Buzz- August 13, 2009

Posted on August 13 2009 by Bullish Trader

Prices tumble after US stocks decline anew
SHARE PRICES succumbed to profit taking yesterday with investors taking their cue from Wall Street, which extended its decline, analysts said.
The benchmark Philippine Stock Exchange index lost 1.11% or 32.02 points to 2,828.52, while the all shares index slipped by 1.01% or 18.36 points to 1,794.92.
A total of 4.74 [...]

Today’s Stock Buzz- August 12, 2009

Posted on August 12 2009 by Bullish Trader

Profit taking caps gains by mining stocks
SELECT MINING issues managed to push up share prices yesterday despite investors pocketing gains due to lack of positive leads, analysts said.
The benchmark Philippine Stock Exchange index (PSEi) gained 0.34% or 9.96 points to 2,860.54, while the all shares index added 0.32% or 5.82 points to 1,813.28.
A total of [...]