Chart Analysis for IMI
Buy
TP: 7-9
Support: 5

Integrated Microelectronics, Inc. (IMI) was established on August 8, 1980 and registered its operations with the Board of Investments. IMI is registered with the Philippine Economic Zone Authority as an exporter of printed circuit board assembly, flip chip assembly, box build sub-assembly, enclosure system, and provider of electronics product design, research and development, and product development outsourcing and other electronic parts, among others. The Company is also engaged in the business of providing test development and systems integration services and distributing related products and equipment and related services.IMI has three wholly-owned subsidiaries, IMI International (Singapore) Pte. Ltd., IMI USA, Inc. and IMI Japan, Inc. The Company also owns 83.25% of PSi Technologies Inc.,an independent power semiconductor assembly and test services (SATS) provider.

****All stock recommendations and comments are the opinion of writer.
Investors should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. Various factors, including personal ownership, may influence or factor into a stock analysis or opinion.
All investors are advised to conduct their own independent research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance is not indicative of future price action.

After several months, my forecast of 101 became a reality.
You may check my post in October about this pair.

Gold drifts weaker in Asia in cautious trade ahead of China GDP

Investing.com - Gold prices dipped in Asia on Friday in cautious trade ahead of GDP and other key data from China.
On the Comex division of the New York Mercantile Exchange, gold for August delivery eased 0.19% to $1,329.65 a troy ounce.
Silver futures for September delivery fell 0.36% to $20.248 a troy ounce, while copper futures for September delivery dropped 0.09%.
Overnight, gold fell sharply in broad risk-on trade, as a JPMorgan-driven (NYSE:JPM) rally sent equities on Wall Street soaring to fresh record-highs while investors departed from a bevy of safe-haven assets, following an unexpected decision from the Bank of England to hold its key interest rate steady.
Since hitting 28-month highs last week, Gold has closed lower in five of the last six sessions while losing approximately 2% in value.


read more
http://www.investing.com/news/commodities-news/gold-drifts-weaker-in-asia-in-cautious-trade-ahead-of-china-gdp-414525

Gold held gains in Asia on Monday with investors noting heightened geopolitical tension as Saudi Arabia said at the weekend it would cut diplomatic ties with Iran, but copper fell sharply on a weak Caixin manufacturing survey.

The move followed a weekend storming of the Saudi embassy in Tehran in response to the kingdom's execution of a prominent Shiite cleric.


Gold for February delivery on the Comex division of the New York Mercantile Exchange gained 0.28% to $1,063.20 a troy ounce. Also on the Comex, silver futures rose 0.52% to $13.875 a troy ounce, while copper futures plunged 1.65% to $2.100 a pound.

The announcement to cut diplomatic ties was sent in an Arabic-language Twitter (N:TWTR) post by the Saudi Ministry of Foreign Affairs. "His excellency, Foreign Minister Adel al-Jubeir (of the) Saudi kingdom is announcing cutting diplomatic ties with Iran."

China's Caixin manufacturing index for December fell to 48.2, well below a forecast of 49 and less than the 48.6 previously. Japan said its manufacturing index for December came in at 52.6, up from 52.5.

In Australia, the AIG manufacturing index came in at 51.9, in expansion, but down from 52.5 previously.

In the week ahead, investors will be looking ahead to Friday’s U.S. jobs report for December, as well as reports on U.S. manufacturing and service sector activity. Tuesday’s euro zone inflation report will also be in focus.

On Monday, in the euro zone, Germany is to release preliminary data on consumer inflation.
The U.K. is to release survey data on manufacturing sector activity.

In the U.S., the Institute of Supply Management is to release data on manufacturing activity
Last week, gold futures edged higher on Thursday on the last day of a year which saw the precious metal post its third straight yearly loss as the start of a rate hike cycle by the Federal Reserve bolstered the dollar and pressured the metal.

A key factor in gold's losses in 2015 was the belief that the start of a rate hike cycle by the Fed in conjunction with continuing loose monetary policy from the European Central Bank and the Bank of Japan would continue to underpin investor demand for the greenback.

Higher interest rates make the dollar more attractive to yield-seeking investors. A stronger dollar tends to weigh on gold, which is denominated in the U.S. currency and becomes more expensive for many buyers when the dollar rises.
The Fed hiked U.S. interest rates for the first time in almost a decade last month and further rate increases are expected in 2016.

http://www.investing.com/news/commodities-news/gold-prices-hold-gains-on-middle-east-tension,-copper-down-on-caixin-378511

Time to SHORT USDJPY with a target of 101!

Here is my chart for your reference.Current support is at 118.821.
Happy trading guys!

RECESSION IS COMING!! KEEP AWAY FROM THE MARKET!!

Alsons Consolidated Resources, Inc. (ACR) was incorporated on December 24, 1974 asVictoria Gold Mining Corporation to engage in the business of exploration of oil,petroleum and other mineral products. In June 1995, the corporate name was changedto its present name to mark the entry of the Alcantara Group. ACR's primary purposewas subsequently changed to that of an investment holding company with oil exploration as secondary purpose. On October 10, 1996, ACR completed its reorganization througha series of stock swaps, and as a result, some of the Alcantara Group's establishedbusinesses became majority- or minority-owned subsidiaries of ACR.ACR's core businesses, conducted through its various subsidiaries and associates, aregrouped into main categories consisting of energy and power, property development,and other investments. ACR's investment in the energy and power business is throughtwo holding firms, namely, Conal Holdings Corporation (CHC) and Alsing Power Holdings,Inc. On August 1, 2013, the Company re-acquired the 40% ownership by ElectricityGenerating Public Co. Ltd. of Thailand in CHC. ACR also wholly owns Alsons PowerInternational Limited, which handles the development of the power plant projects of ACRoutside the country.The Company has three operating power generation subsidiaries, namely, WesternMindanao Power Corporation, Southern Philippines Power Corporation, and MapaladPower Corporation, all of which are located in Mindanao. ACR, through its subsidiaries,is also conducting feasibility studies on renewable energy projects. Currently underdevelopment are the Siguil 17MW Hydro Power Project in Maasim, Sarangani and theBago 40MW in Negros Oriental. These projects are expected to augment power supplyin the cities of General Santos and Bacolod, respectively, once they are completed.The Company is also engaged in property development through Alsons LandCorporation. In terms of other investments, ACR is involved in the mining sector throughACR Mining Corporation, and in the product distribution business, through RCP Holdings,Inc. and Market Developers, Inc.




Recommendation: BUY

Support: 2

ISM

After a month, here is the result.

That is more than 30% gain!


Congrats traders!


MORE TO COME!!!


Follow me on www.stockmarketpilipinas.com

ISM


Another stock that can give you more than 20% gain. You just need to wait and hold and always check the support because no one knows what will happen in the future. We should have our own stop-loss to maintain good portfolio.

Check this chart for your reference.

Cut if it goes below 1.40. If not, wait for your gain :)

WEB UPDATE

After 7 months....

Check this out

From 5, that is more than 40% gain!

PhilWeb Corporation (WEB) was originally incorporated in August 20, 1969 as South SeasOil & Mineral Exploration Development Co., Inc., a company mainly engaged in mining andexploration. It later changed its name to South Seas Natural Resources, Inc. on March 29,1984. In 2000, the Company again changed its corporate name to PhilWeb.Com, Inc.,together with its primary purpose from a mining and oil exploration company to that of aninternet company. In 2002, WEB changed its corporate name to the present one andincluded gaming business as one of its secondary purposes.

 recommendation:

BUY
SUPPORT 5.05

BUY GERI!

BUY AND HOLD. CUTLOSS IS 1.29
TP IS 1.6-1.8

Reconstruction activities covering the destruction caused by Typhoon Yolanda in Central Philippines and strong consumer spending on the back of remittances and the boom in business process outsourcing (BPO) sector will fuel the Philippine economy to keep growing in 2014.

 

While 2013 was arguably a stellar year for what was previously tagged as the “Sick Man of Asia,” the year was punctuated by external headwinds blowing in the form of the US Federal Reserve tapering and the budget crisis, plus the conflict in Syria, that spooked foreign funds to flee from emerging markets, including the Philippines.

 

The domestic front was also marred by gut-wrenching natural calamities: a 7.2-magnitude earthquake and the killer Typhoon Yolanda. The disasters raised concerns over the economy as economic managers noted the impact of Yolanda alone could shed a percentage point from the gross domestic product (GDP).

 

However, a sense of optimism seems to prevail particularly among market participants.

 

“These problems are temporary... we will see light at first quarter of 2014,” Harry Liu, president of Summit Securities Inc.

 

read more

http://www.gmanetwork.com/news/story/341918/economy/business/reconstruction-weak-peso-among-phl-economic-drivers-in-2014

MINING STOCKS???


2014 is the year for mining if 1200 holds.
watch out for mining this year.

just take a look at other mining stocks of PSEI like AT.

AT - Atlas Cons. Mining and Dev't Corp. BUY | SELL
14.98

(+3.03%)



today, AT closed at 14.98, up by 3.09%! what about LC and lcb and PX???
LC is now at .3 which is the support. it is a good buy for LC as long as .3 holds as well as LCB. for PX, 7.8 is the support.
buy buy buy and hold. this is just my opinion for mining stocks.

after all,i dont believe that gold and silver will lose its value in the long run.

We saw the index last week dropped at 6642.27. are we still on the bullish side of the market? in my opinion the 6500 support should hold. what happened last week was a correction but if this will last for 2months or more than 2 months, then we can say that our market enters the bear territory.

ill give my chart for your reference

What are we going to do? maybe some people might wanna ask this question. sell your shares like EW MBT BDO PNB BPI and some blues which are overbought before it is too late. when we say overbought, it means that the RSI reached 70 or above. you may look at your chart indicators and choose RSI so that you can see a clear picture of what i am saying.

OR

You should always check your stock's support. a trader should see if he or she will still hold his/her stock after reaching the overbought level of the RSI. This is very important to all investors. patience is not applicable here. if the price reached its maximum, then you should sell.



let me share this to you

"The game taught me the game."  -JL


what a beautiful quote from Jesse Livermore.


enjoy trading guys.
Good luck!

Bear Market for the PSEI

Yesterday we had a red index and i am expecting this to continue until it hit 6k which is the initial support for the index.

Let us see what bear market is

Definition of 'Bear Market' A market condition in which the prices of securities are falling, and widespread pessimism causes the negative sentiment to be self-sustaining. As investors anticipate losses in a bear market and selling continues, pessimism only grows. Although figures can vary, for many, a downturn of 20\% or more in multiple broad market indexes, such as the Dow Jones Industrial Average (DJIA) or Standard & Poor's 500 Index (S&P 500), over at least a two-month period, is considered an entry into a bear market.

Investopedia explains 'Bear Market' A bear market should not be confused with a correction, which is a short-term trend that has a duration of less than two months. While corrections are often a great place for a value investor to find an entry point, bear markets rarely provide great entry points, as timing the bottom is very difficult to do. Fighting back can be extremely dangerous because it is quite difficult for an investor to make stellar gains during a bear market unless he or she is a short seller.

It says here that it should not be confused with a correction, which is a short term trend that has a duration of LESS THAN TWO MONTHS. therefore, if the index continues to drop for two months or more than two months then we can say that we are in a bear market now.As i can see, the 6k support should hold. If not, we may see this index at 5800-5500

Chart Analysis of BSC

CORPORATE   PROFILE:

Basic Energy Corporation (BSC) was originally incorporated as Basic Enterprises, Inc. onSeptember 19, 1968 and became an oil and gas exploration and development companyon April 26, 1971, assuming a new name, Basic Petroleum and Minerals, Inc. Over theyears, BSC evolved from an operating company to a holding company under the corporatename, Basic Consolidated, Inc. In 2007, in line with the inclusion among its primarypurposes the production of ethanol and other biofuels, and the development of otheralternative and renewable energy sources, the Company changed its corporate namefrom Basic Petroleum Corporation to Basic Energy Corporation.As a holding company, it held equity investments in the following subsidiaries: BasicPetroleum & Minerals Inc., an oil and gas exploration and mining company; BasicDiversified Industrial Holdings, Inc., an investment holding company; iBasic, Inc., aninformation technology management company and service integrator; SouthwestResources, Inc., an oil exploration company; Basic Biofuels Corporation, biofuelsdeveloper; and Basic Ecomarket Farms, Inc., an agricultural company.


Recommendation: BUY
stoploss is .2499

Let me share to you this video of mine. 
Watch me playing forex live!
http://www.youtube.com/watch?v=QDlDA94aVN0

Click the link

Next seminar will be on DEC 14 2012
Place: Philippine Stock Exchange Tower 1 Makati
Topic:
Technical indicators
How to manage your trade
Chart Patterns
Reversal
time:6pm-10pm

for more details, email ginhawaibibigay@yahoo.com

Register now and learn how to earn money in trading! 

This guy always motivates me. He is my inspiration.
Let me share this to you...
One of the famous quotes from Jesse Livermore

-The loss of the money didn't bother me. Whenever I have lost money in the stock market I have always considered

that I have learned something; that if I have lost money I have gained experience, so that the money really went for a tuition fee. A man has to have experience and he has to pay for it.


This is really true. Long live JL

Dizon Copper-Silver Mines, Inc. (DIZ), was incorporated on August 18, 1966 to acquire,purchase, lease, hold, work and operate mines, mining claims, grounds or lodes in thePhilippines or in foreign countries.DIZ has 57 mineral claims in Barangay Buhawen, San Marcelino, Zambales with a total areaof 513 hectares. These claims were developed and operated by Benguet Corporation (BC)for 20 years under the Operating Contract entered into by and between DIZ and BC onSeptember 6, 1975. After more than 20 years of occupation, exploration and operation ofmineral claims, BC turned over its operating rights to DIZ by virtue of a Memorandum ofAgreement dated November 25, 1997 following the closure of mining operations. Miningoperations were forced to stop after a landslide caused by heavy rains destroyed mineinfrastructures, accompanied by a sudden fall of metal prices in the world market. Thismade the rehabilitation of the mine facility and resumption of operations impossible.With the suspension of its mining operations, the Company's present activities are confinedto the care and maintenance of the mine site and the mining properties therein. DIZ iscurrently looking for a new partner to operate the mines and recover the residual gold fromits tailings dam. DIZ's port facility, Port Dizon, located in Subic, Zambales may still be used asloading facility for ore and aggregates should the company resume mining operations.



closed today at 22.25
recommendation:
BUY
cutloss 19.99
tp 30