tag:blogger.com,1999:blog-1039056757954366606Wed, 16 Apr 2025 19:25:12 +0000PSE StocksUS StocksDJIANIDGTLELIMICPAYXPCORRYAAYSMPHSP 500AAPLABTALKATBELBIDZBIGBKDBRK.ABRK.BCHINACKRCOHRCOLCOSTDELLDISCADNADROOYEDCEIBEXPEFNMFPHFREICTIPVGJBLUJOYGLAMRLEHLNDLOTOMBTMEGMERMWCNYXODPOMPERCPLTLPSEiPWRPXRIMMRLCSBUXSUNTATUNAUAUAVRTXWWETechnical trading of PSE, NYSE and Nasdaq stockshttp://tarantrader.blogspot.com/noreply@blogger.com (Tarantrader)Blogger86125tag:blogger.com,1999:blog-1039056757954366606.post-6433798186887646813Wed, 27 Jan 2010 01:57:00 +00002010-01-27T10:11:35.747+08:00DJIAUS StocksI guess our days of being bullish have been short lived. Although there were bullish signs for the DJIA to push itself to higher levels, it just didn't seem like it was possible as there were some things missing.The first thing that was missing was the pick up in volume as the index was moving higher. This alone made the rise suspect. Even the breakout from the supposed inverted head and http://tarantrader.blogspot.com/2010/01/gotta-get-up-to-get-down.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-1368853697515845064Tue, 29 Sep 2009 14:24:00 +00002009-09-29T22:34:03.419+08:00LOTOPSE StocksWho wants to try their luck and see if they can score a jackpot every now and then? Everybody who wants money, that's who. But we're not talking about people who normally lines up in the nearest outlet for a chance to win an ever growing prize.We're talking about traders like us. When we buy into any stock, don't we try our luck and see if it gives us a jackpot? But there are many who don't http://tarantrader.blogspot.com/2009/09/loto-fever.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-4036048927193799056Tue, 01 Sep 2009 13:02:00 +00002009-09-01T21:06:32.963+08:00PSE StocksTUNA(Original post can be found in Absolute Traders)I noticed last week that there were two issues that were moving up out of the blue. The first one was PIP, which we won't talk about. The second, is TUNA. What I remember from this stock since it's listing is that it has been on the downtrend. Even if its fundamentals are telling you a different story, the price performance is something hard to http://tarantrader.blogspot.com/2009/09/singing-to-new-tuna.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-5910631802327812617Fri, 22 May 2009 01:43:00 +00002009-05-22T09:46:58.559+08:00FPHPSE Stocks(the original post could be found in Absolute Traders)Another issue has caught our attention by forming a major reversal pattern.FPH has been going sideways since June 2008 and has formed what we think is a cup & handle.  The cup started on August 2008 and ended March of this year.  Right after that, a symmetrical triangle, which serves as the handle, also formed.  Yesterday happened to be http://tarantrader.blogspot.com/2009/05/fph-breaks-cup.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-6520704690141290516Wed, 20 May 2009 02:13:00 +00002009-05-20T12:59:23.016+08:00EDCPSE Stocks(the original post can also be found at Absolute Traders' website)There’s still some waiting that needs to be done for EDC but I believe it’s just gearing up for some momentum. After falling from its high back in October 2007, EDC has rebounded from its lowest point in December 2008, and has reached a high of 4.40 just this April. It is currently continuing its consolidation but this could be a http://tarantrader.blogspot.com/2009/05/edcs-worth-wait.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-2228015923970125450Thu, 12 Mar 2009 09:30:00 +00002009-03-12T17:47:37.813+08:00ABTDNAUS StocksDespite the ultra-bearishness of the US market, there are still some needles found in this humongous haystack.Case in point is biotech firm, Genentech, Inc. (NYSE: DNA). Just when most issues have been battered off their highs, DNA has shown resilience by posting a very robust flag in the making. Should it fly soon, I have put my trigger buy at 94.45, projecting that this will have an upside http://tarantrader.blogspot.com/2009/03/genetics-of-flag.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-3688133341306064476Thu, 22 Jan 2009 02:04:00 +00002009-01-24T17:41:39.584+08:00No one in his right mind would wish to have contracted a disease that could be as life threatening as dengue fever. However, yours truly was a recent victim of the disease. I'm not sure when and where I got it as I didn't notice any mosquito biting me in my lower leg area. But one thing was sure, my body flared up while I was sleeping on Jan. 4, 2009. I wondered how I got the fever as I http://tarantrader.blogspot.com/2009/01/how-dengue-helped-open-my-eyes.htmlnoreply@blogger.com (Tarantrader)1tag:blogger.com,1999:blog-1039056757954366606.post-3182698571232143502Wed, 17 Dec 2008 01:42:00 +00002008-12-17T10:14:40.193+08:00US StocksOnce again, greed has reared its head among the big financial institutions.  In case you still don't know what I'm talking about, former Nasdaq chairman and veteran fund manager Bernard Madoff has conned a lot of people out of their money by using the good old Ponzi scheme.  In layman's terms, he used pyramiding to entice everyone.  We've seen this before and unfortunately, hardly anyone learns http://tarantrader.blogspot.com/2008/12/madoff-money.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-2341890464179097903Sat, 22 Nov 2008 02:38:00 +00002008-11-22T10:40:20.066+08:00SP 500US StocksThat's right. Not only is the name of the index S&P 500 (SPX) known as Standard & Poor's but that is the best way to describe the condition of the index right now. Why say something like that about the broader based index? Take a look at how the long term chart looks and tell me if you see something pretty.After rising up to the year 2000, the whole index has gone sideways for more http://tarantrader.blogspot.com/2008/11/standard-poor-fitting-description-to.htmlnoreply@blogger.com (Tarantrader)1tag:blogger.com,1999:blog-1039056757954366606.post-383554651915906385Tue, 28 Oct 2008 07:52:00 +00002008-10-28T16:08:18.916+08:00SP 500US StocksYou think we're in a lot of trouble now with the DJIA and other US indices moving wildly and widely, wait till you see this.One of the lesser noticed index, the S&P 500 (SP500 in bigcharts.com) should be a better gauge of how things are doing as this is an index that is represented by 500 issues, hence the name. Because of what is seen here, it's scary to think that this bear market is just http://tarantrader.blogspot.com/2008/10/double-trouble.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-7966780148788042940Sat, 18 Oct 2008 06:57:00 +00002008-10-18T15:09:51.087+08:00DJIAUS StocksIn what has got to be one of the wildest weeks of trading, the DJIA manages to finish the week higher.  However, it still ended the week on a low note. This is one week where both the bulls and the bears don’t know if they’re coming or going with the index acting like a bungee cord.  One moment it’s extremely negative, and then give it a few hours, it’s substantially positive.  Go figure. If wehttp://tarantrader.blogspot.com/2008/10/frenzied-dow.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-2735043007162812636Sat, 11 Oct 2008 07:30:00 +00002008-10-11T16:12:17.731+08:00AAPLUS StocksGone are the days when Apple Inc. (Nasdaq: AAPL) has its share price lording it over its rivals.  From a "measly" $40 back in 2005, AAPL has climbed up, with the help of its innovative products the iPod and iPhone, to as high as $200.  Because of this, many have already regarded Steve Jobs as God's gift to technogeeks.AAPL dove down to as low as $115.44 before climbing back to the $180 area.  http://tarantrader.blogspot.com/2008/10/rotten-apple.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-9158928976749323584Thu, 04 Sep 2008 06:25:00 +00002008-09-04T14:46:13.666+08:00BRK.ABRK.BPSE StocksUS StocksAnyone ever noticed that in the local market, when the price of a stock reaches a certain point, it suddenly changes in increments in its fluctuation? No? Now that you know, did you ever wonder how it came about?I don't know how or why it came about but definitely it's an aspect of trading that needs improvement. This is one reason why many don't give too much importance to the top gainers or http://tarantrader.blogspot.com/2008/09/fluc-me.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-1369195916394522643Wed, 03 Sep 2008 04:38:00 +00002008-09-03T14:40:16.643+08:00DJIAUS Stocks(reproduced with permission from Absolute Traders)We had something unusual that happened yesterday. A confluence of different events resulted to what we didn't expect to happen in the end. So where do I start?Initially, the futures of DJIA were down due to Hurricane Gustav nearing leandfall and this resulted to oil jumping higher. As the hurricane was lashing the southeast area of the mainlandhttp://tarantrader.blogspot.com/2008/09/which-way-is-up.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-4628510379539808944Thu, 28 Aug 2008 09:07:00 +00002008-08-28T17:42:12.713+08:00PSE StocksToday, the Philippine Stock Exchange (PSE) has issued a notice that it will extend its trading by 2 hours (2pm to 4pm) in 2009. This is said to coincide with the new trading system that they will implement (click here for the said item).Is this good news? Before I answer that, let us try to recall what happened when they tried to extend trading back in 2002. If I remember it correctly, the http://tarantrader.blogspot.com/2008/08/pse-trading-extended-version.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-2556227939093052583Tue, 26 Aug 2008 09:20:00 +00002008-08-26T17:49:33.240+08:00BIGUS StocksAside from the usual victims that were the result of the financial mess in the US, or what we normally call their economy, another sector badly hit is the retail sector. It's actually a vicious cycle if you think about it. Oil rises, it hits the sectors that immediately need oil, like airlines and trucking. Since they bear the brunt of the sudden impact of oil price hikes, they have no choice http://tarantrader.blogspot.com/2008/08/mr-big.htmlnoreply@blogger.com (Tarantrader)2tag:blogger.com,1999:blog-1039056757954366606.post-8077308428794289432Sat, 02 Aug 2008 02:49:00 +00002008-08-02T11:40:48.591+08:00PSE StocksUS StocksIt's been quite some time for many of you since you were able to trade and made a profit. Lately it's either you bought some stock for some reason and it plunged or it's a hands off policy on the market. That trader in you has been wanting to get their hands on some issue to trade again. Well don't give in to that pressure. Especially now when the market hasn't turned around.Yes, there could http://tarantrader.blogspot.com/2008/08/scratch-that-itch.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-290177943101903465Sat, 19 Jul 2008 01:39:00 +00002008-07-19T10:09:36.428+08:00FNMFRELEHPSE StocksUS StocksNot in my trader's conscious mind (or even the subconscious) would I have ever imagined that the US market was also prone to some of the dirtiest tricks in the book but to a greater degree.I'm talking about what they call naked short selling. No, it's not short selling while wearing your birthday suit. That's kind of kinky but that's not what it is. For those who are not familiar, short http://tarantrader.blogspot.com/2008/07/naked-gun.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-3127501657532984132Wed, 09 Jul 2008 08:30:00 +00002008-11-13T18:48:56.702+08:00ODPUS StocksDon't believe everyone telling you that there's no way to make money in a bear market. It's just harder.Take for example Office Depot (NYSE:ODP). Although it's very clear that it's been going downhill for the past year, It decided to go sideways since January. It's been in a tight range until recently. Some view the range as a possible descending triangle. Seeing that ODP has already had a http://tarantrader.blogspot.com/2008/07/cashing-in-even-on-bear-market.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-6363618624573753796Thu, 03 Jul 2008 10:11:00 +00002008-11-13T18:48:56.788+08:00DJIAUS StocksFINALLY! The US has recognized that they are now in a bear market. They had to wait for the DJIA to drop to a 20% decline from the highs before they would acknowledge it. But guess what? According to another article tracking the state of the US market, more blood is to be shed.Aside from looking at the bigger picture of the DJIA and the other indices, they also look into the volatility index,http://tarantrader.blogspot.com/2008/07/bleeding-dry.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-953715919619372099Fri, 27 Jun 2008 04:02:00 +00002008-11-13T18:48:56.964+08:00ALKRYAAYUAUAUS StocksAlmost everything is tied these days to how the oil contracts are performing. The foremost industry that comes to mind that will suffer when we talk about oil is the airline industry. One of the airlines that we're concentrating on is Alaska Airlines (NYSE:ALK).After peaking at 45.85 in the last quarter of 2006, it has been downhill from there. Most of 2007 was spent on moving sideways but nothttp://tarantrader.blogspot.com/2008/06/baked-alaska.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-8501388689038093074Sat, 07 Jun 2008 02:00:00 +00002008-11-13T18:48:57.052+08:00DJIAUS StocksA lot of people were quite hopeful when the Dow Jones Industrial Average (DJIA) was already at 13,000 and beyond. They were thinking, well that's the end of our bear market. How wrong they were.After it made its recent high, it's been downhill from there since then. With last night's market, DJIA is back in bearish territory. The last moving average that would've served as a support at 12,500http://tarantrader.blogspot.com/2008/06/what-now-big-dow.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-6801127893863496367Fri, 30 May 2008 09:59:00 +00002008-11-13T18:48:57.170+08:00PSE StocksSMPHIt's been some time since I updated my blog and for that I apologize. Unfortunately it was a mix of circumstances which prevented me from posting my studies. Anyway, let's take a look at one of the more resilient local stocks, SMPH.This index issue has been on a steady downtrend since October 2007. It only started moving sideways this March. What I first noticed when it started moving http://tarantrader.blogspot.com/2008/05/mallers-rejoice.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-1816106374827080629Sat, 03 May 2008 08:11:00 +00002008-11-13T18:48:57.182+08:00JBLUUS StocksOne of the better success stories as far as discount airlines in the US is concerned has to be Jetblue (Nasdaq:JBLU). It has concentrated its operations mainly on US destinations, but it has also added certain areas like the Carribean, the Bahamas, Bermuda & Mexico. One of the common things dragging the whole airline sector down is the high cost of oil. This sector is definitely bleeding http://tarantrader.blogspot.com/2008/05/get-ready-for-crash-landing.htmlnoreply@blogger.com (Tarantrader)0tag:blogger.com,1999:blog-1039056757954366606.post-6250421048705308475Sat, 29 Mar 2008 09:51:00 +00002008-11-13T18:48:57.335+08:00MEGPSE StocksAfter a long wait, if you can call 6 months long, there is finally a stock in the Philippine Stock Exchange that has shown some signs of probable reversal of fortunes.Megaworld (MEG) is in a sector battered due to problems in their sector owing more to the problematic housing sector in the US. Talk about colonial mentality. Anyway, from what we can see in the chart, after peaking in October, ithttp://tarantrader.blogspot.com/2008/03/mega-hopeful.htmlnoreply@blogger.com (Tarantrader)1