Saturday, July 8, 2017

immovable as a mountain

immovable as a mountain


chart monitor: SSI/SSI GROUP, INC. (07 JUL 2017)

Posted: 07 Jul 2017 05:18 AM PDT


SSI chart as of closing of 07 JUL 2017
(click the chart to enlarge)


remarks:

1. SSI closed higher to 4.69 ... up 5.87%

2. the macd histogram is above the 0 - line ... it is higher ...

3. resistance: 4.70 ...

4. hold pa din ako .. adjusting my stops ...

* 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.



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chart monitor: MAC/MACROASIA CORPORATION (07 JUL 2017)

Posted: 07 Jul 2017 04:20 AM PDT


MAC chart as of closing of 07 JUL 2017
(click the chart to enlarge)


remarks:

1. MAC closed higher to 8.50 ... up 9.54%

2. the macd histogram is above the 0 - line ... it is higher ...

3. resistance: 8.59 ...

4. hold pa din lang ako .. adjusting my stops ... just imagine if i had a TP (take profit, target price) ... sigurado sa baba pa lang naka sell na ako ...


* 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.



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in the news: PSE/PHILIPPINE STOCK EXCHANGE

Posted: 06 Jul 2017 08:18 PM PDT

in the news: MRC/MRC ALLIED INCORPORATED

Posted: 06 Jul 2017 08:13 PM PDT




07 JUL 2017
MRC Allied teams up with MEEC for renewable energy projects
http://www.bworldonline.com/content.php?section=Corporate&title=mrc-allied-teams-up-with-meec-for-renewable-energy-projects&id=147909




03 JUL 2017
Petilla joins MRC as independent director
http://www.philstar.com/business/2017/07/03/1715697/petilla-joins-mrc-independent-director


19 JUN 2017
MRC Allied to venture into energy
https://www.rappler.com/business/173309-mrc-allied-venture-into-energy




26 MAY 2017
Top Philippine small cap soars on pivot from property, mines
http://www.bworldonline.com/content.php?section=Corporate&title=top-philippine-small-cap-soars-on-pivot-from-property-mines&id=145797



04 FEB 2017
Heard through the grapevine

Two decades after the Asian financial crisis nearly felled MRC Allied, Benjamin Bitanga is stepping down as chairman and leaving the day-to-day management of the formerly real estate-focused holding company to a younger set of officers.

Bitanga, who turned 64 last December 31, said MRC Allied is now on a firmer financial footing with a $90-million solar power venture with the listed company's 160-hectare industrial estate in Naga City, Cebu as base.

http://interaksyon.com/business/136819/cocktales--davao-coco-levy-row-proves-taxing-even-to-a-few-justices

in the news: RWM/RESORTS WORLD MANILA

Posted: 06 Jul 2017 08:19 PM PDT

in the news: PNX/PHOENIX PETROLEUM

Posted: 06 Jul 2017 08:14 PM PDT

07 JUL 2017
Phoenix buys 2 firms for P6.26 billion
http://www.bworldonline.com/content.php?section=Corporate&title=phoenix-buys-2-firms-for-p6.26-billion&id=147910




30 JUN 2017
Phoenix Petroleum opens new terminal in Cebu
http://www.bworldonline.com/content.php?section=Corporate&title=phoenix-petroleum-opens-new-terminal-in-cebu&id=147517



15 JUN 2017
Phoenix Petroleum re-issues P1.21 B commercial papers
http://www.philstar.com/business/2017/06/15/1710016/phoenix-petroleum-re-issues-p1.21-b-commercial-papers



25 MAY 2017
Uy's Phoenix Petroleum to buy LPG seller
http://www.bworldonline.com/content.php?section=Corporate&title=uy&8217s-phoenix-petroleum-to-buy-lpg-seller&id=145733



18 APR 2018
Phoenix Petroleum appoints former Shell exec as new COO
http://www.philstar.com/business/2017/04/18/1691201/phoenix-petroleum-appoints-former-shell-exec-new-coo




27 MAR 2017
Phoenix Petroleum looking at pre-paying taxes for 2017 – DOF http://www.gmanetwork.com/news/story/604729/money/companies/phoenix-petroleum-looking-at-pre-paying-taxes-for-2017-dof#sthash.oQRLiOXK.dpuf



17 MAR 2017
Phoenix Petroleum allots P10B capex
http://www.bworldonline.com/content.php?section=Corporate&title=phoenix-petroleum-allots-p10b-capex&id=142335







23 FEB 2017
Phoenix Petroleum profit up 21% in 2016
http://www.bworldonline.com/content.php?section=Corporate&title=phoenix-petroleum-profit-up-21&37-in-2016&id=141093

in the news: DD/DOUBLEDRAGON PROPERTIES CORP. (01 FEB 2017)

Posted: 06 Jul 2017 08:17 PM PDT





07 JUL 2017
DoubleDragon prices retail bond offer
http://www.bworldonline.com/content.php?section=Corporate&title=doubledragon-prices-retail-bond-offer&id=147913





20 JUN 2017
DoubleDragon subsidiary, Ascott to develop condo
http://www.bworldonline.com/content.php?section=Corporate&title=doubledragon-subsidiary-ascott-to-develop-condo&id=146989



26 MAY 2017
DoubleDragon plans up to P9.7-B bond offer
http://www.bworldonline.com/content.php?section=Corporate&title=doubledragon-plans-up-to-p9.7-b-bond-offer&id=145801



16 MAY 2017
DoubleDragon nets P149M
http://business.inquirer.net/229645/doubledragon-nets-p149m



03 FEB 2017
'Injap' parlays 'Inasal' sale into property firm now valued at P115 B
http://business.mb.com.ph/2017/02/02/injap-parlays-inasal-sale-into-property-firm-now-valued-at-p115-b/



01 FEB 2017
Sia bullish as CityMalls continues provincial push
http://www.bworldonline.com/content.php?section=Corporate&title=sia-bullish-as-citymalls-continues-provincial-push&id=139966




23 JAN 2017
5 more Jinjiang Hotels to rise this year
http://beta.philstar.com/business/2017/01/24/1664820/5-more-jinjiang-hotels-rise-year








23 JAN 2017
DTI ties up with DoubleDragon for Go Lokal stores in CityMalls
http://beta.philstar.com/business/2017/01/24/1664814/dti-ties-doubledragon-go-lokal-stores-citymalls


in the news: AC/AYALA CORPORATION

Posted: 06 Jul 2017 08:16 PM PDT







27 JUN 2017
Ayala Corp. mulling P30-B in debt securities
http://www.bworldonline.com/content.php?section=Corporate&title=ayala-corp.-mulling-p30-b-in-debt-securities&id=147213



07 JUN 2017
Ayala-KTM joint venture plans to export locally manufactured units to China
http://www.bworldonline.com/content.php?section=Corporate&title=ayala-ktm-joint-venture-plans-to-export-locally-manufactured-units-to-china&id=146341



05 JUN 2017
Ayala unit buys German auto supplier MT Misslbeck
Read more: http://business.inquirer.net/230777/ayala-unit-buys-german-auto-supplier-mt-misslbeck#ixzz4j71NY6my
Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook




01 JUN 2017
LRMC plan to add LRT-1 trips seen to reduce commuters' waiting time
http://www.bworldonline.com/content.php?section=Corporate&title=lrmc-plan-to-add-lrt-1-trips-seen-to-reduce-commuters&8217-waiting-time&id=146066



31 MAY 2017
Manila Water optimistic on growth prospects
http://www.philstar.com/business/2017/05/31/1705117/manila-water-optimistic-growth-prospects



22 MAY 2017
AC Energy bullish on Indonesia
http://www.bworldonline.com/content.php?section=Corporate&title=ac-energy-bullish-on-indonesia&id=145504



20 MAY 2017
DTI in talks with Ayala Group for Go Lokal store branches
http://www.philstar.com/business/2017/05/19/1701268/dti-talks-ayala-group-go-lokal-store-branches




11 MAY 2017
Ayala Corp. nets P6.9B
https://business.inquirer.net/229298/ayala-corp-nets-p6-9b




04 MAY 2017
After delays, work starts at LRT1 Cavite extension
https://business.inquirer.net/228779/delays-work-starts-lrt1-cavite-extension



03 MAY 2017
Ayala fully redeems P10B in maturing bonds
http://www.bworldonline.com/content.php?section=Corporate&title=ayala-fully-redeems-p10b-in-maturing-bonds&id=144577




25 APR 2017
AC Energy to add capacity at Pagudpud wind farm
http://www.bworldonline.com/content.php?section=Corporate&title=ac-energy-to-add-capacity-at-pagudpud-wind-farm&id=144143




04 APR 2017
Ayala completes deal for Chevron's geothermal assets in Indonesia
http://www.bworldonline.com/content.php?section=Corporate&title=ayala-completes-deal-for-chevrons-geothermal-assets-in-indonesia&id=143210



03 APR 2017
Ayala Group still interested in NAIA rehab project
http://www.philstar.com/business/2017/04/03/1687013/ayala-group-still-interested-naia-rehab-project



01 APR 2017
Ayala, SM propose Sta Mesa to MOA expressway
http://news.abs-cbn.com/business/03/31/17/ayala-sm-propose-sta-mesa-to-moa-expressway



29 MAR 2017
AYC Holdings transfers ownership in Integrated Micro-Electronics to AC Industrials
http://edge.pse.com.ph/openDiscViewer.do?edge_no=29871f9dde55f7153318251c9257320d#sthash.H15z9hkR.dpbs



23 MAR 2017
Ayala power unit eyes Vietnam in regional push
http://news.abs-cbn.com/business/03/22/17/ayala-power-unit-eyes-vietnam-in-regional-push



20 MAR 2017
Ayala readies proposal for gov't infra projects
http://www.philstar.com/business/2017/03/20/1682720/ayala-readies-proposal-govt-infra-projects



18 MAR 2017
Ayala Energy to buy 2 clean energy firms
http://news.abs-cbn.com/business/03/17/17/ayala-energy-to-buy-2-clean-energy-firms



17 MAR 2017
AF Payments says three million 'beep' cards now in circulation in PHL
http://www.bworldonline.com/content.php?section=Corporate&title=af-payments-says-three-million-&145beep&8217-cards-now-in-circulation-in-phl&id=142332



16 MAR 2017

Ayala's startups

A long time ago, before the era of Wi-Fi and smartphones, the country's oldest business house Ayala Corp. created a new business unit called i-Ayala to foster innovation, and invest in dotcom and tech companies. The group forked out some P1 billion then, but hardly benefited from the investment.
The foray into technology then was deemed ahead of its time.  The internet was just picking up in the Philippines and tech investing didn't have the benefit of hindsight then.

About two decades after, the Ayala group is again building up its investments in technology and is now keen on providing financial muscle to startup companies that offer anything cutting edge or potentially disruptive (outside of Globe Telecom's Kickstart Ventures). Reflecting its reenvigorated appetite for tech investing, Ayala recently announced its pioneering entry into e-commerce focused on the ePharmacy (MedGrocer), inclusive financial technology (GCash and Fuse Lending operator Mynt) and online retailing (Zalora).

Ayala has so far invested $50 million to $100 million in potentially disruptive businesses.

Ayala also bought a minority stake in a startup company in Silicon Valley that has developed "proven" technology to enhance efficiency of solar panels.  To date, this is a small company but with a big laboratory and production lines. "The economics of solar is moving in the right direction which we believe is going to be the  solution to many energy problems," Ayala Corp. managing director Rene Almendras said.

Due to a confidentiality clause, Ayala can't disclose the name of the solar technology firm. Anyhow, the investment is deemed "too small" relative to Ayala's total portfolio to compel any disclosure of material info.

Ayala Corp. chief finance officer Teodoro Limcaoco stressed that the group had no carte blanche mandate to buy into just any startup.  He said Ayala would be open to investing in startups that offer synergy with the group's existing business and those that bring something disruptive or innovative to the industries the group was in.  "We also have to believe in the founder's vision and credentials," added Paolo Borromeo, Ayala group head of corporate strategy.

"That shows you how we are evolving at the Ayala Corp. level. We're willing to invest seed funding now to new starups whereas before, we were always hesitant to these things," Borromeo said. "We're bolder but still deliberate," Almendras added. — DORIS DUMLAO-ABADILLA

Read more: http://business.inquirer.net/226153/bizbuzz-anticompetitive-port-buyout-redux#ixzz4bRU28uMw
Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook




14 MAR 2017
Ayala posts 17% hike in 2016 profit
http://www.philstar.com/business/2017/03/14/1680773/ayala-posts-17-hike-2016-profit



03 MAR 2017
Zalora targets offline shoppers with Ayala Malls boost
http://news.abs-cbn.com/business/03/02/17/zalora-targets-offline-shoppers-with-ayala-malls-boost



24 FEB 2017
Bullish Ayala earmarks P185B for capex
http://www.bworldonline.com/content.php?section=Corporate&title=bullish-ayala-earmarks-p185b-for-capex&id=141201



23 FEB 2017
Ayala buys 49% of Zalora PH
http://business.inquirer.net/225067/ayala-corp-buys-43-3-zalora-ph



17 FEB 2017
Ayala revives bid to enter car mfg
http://www.philstar.com/business/2017/02/17/1672889/ayala-revives-bid-enter-car-mfg




10 FEB 2017
Ayala expands into health care with MedGrocer investment
http://www.bworldonline.com/content.php?section=Corporate&title=ayala-expands-into-health-care-with-medgrocer-investment&id=140436



07 FEB 2017
LRT-1 Cavite extension project expected to break ground within Q1
http://www.bworldonline.com/content.php?section=Corporate&title=lrt-1-cavite-extension-project-expected-to-break-ground-within-q1&id=140229



06 FEB 2017
ACEI stays bullish on Volkswagen sales in country this year
http://www.businessmirror.com.ph/acei-stays-bullish-on-volkswagen-sales-in-country-this-year/



26 JAN 2017
Ayala group mulls infrastructure projects as it prepares NAIA bid
http://www.bworldonline.com/content.php?section=Corporate&title=ayala-group-mulls-infrastructure-projects-as-it-prepares-naia-bid&id=139648



21 JAN 2017
Ayala spending about P174 B for various projects
http://www.philstar.com/business/2017/01/21/1664480/ayala-spending-about-p174-b-various-projects



20 JAN 2017
AC Energy eyes P7.489-billion RE investment deal in Indonesia
http://www.businessmirror.com.ph/ac-energy-eyes-p7-489-billion-re-investment-deal-in-indonesia/



20 JAN 2017
Ayala looking to retain capital spending budget
http://www.bworldonline.com/content.php?section=Corporate&title=ayala-looking-to-retain-capital-spending-budget&id=139361



18 JAN 2017
BoI green-lights Ayala's motorcycle manufacturing unit
http://www.bworldonline.com/content.php?section=Corporate&title=boi-green-lights-ayala&8217s-motorcycle-manufacturing-unit&id=139258



11 JAN 2017
Ayala Invests in Indonesia Wind Farm Project
http://edge.pse.com.ph/openDiscViewer.do?edge_no=fdd4cb31d96e92743318251c9257320d#sthash.RhpyJ4Ew.dpbs



09 JAN 2017
AF Payments eyes more beep card partnerships
http://www.bworldonline.com/content.php?section=Corporate&title=af-payments-eyes-more-beep-card-partnerships&id=138752



04 JAN 2017
Ayala exits hydro-power business
https://business.inquirer.net/222409/ayala-exits-hydro-power-business




23 DEC 2016

Indonesia, Philippine groups acquire Chevron's $3 billion geothermal assets




20 DEC 2016
Ayala unit sells 15 pct stake in SLTEC
http://news.abs-cbn.com/business/12/20/16/ayala-unit-sells-15-pct-stake-in-sltec




Friday, July 7, 2017

Stock Market Analysis

Stock Market Analysis


Dow Jones Close 7/6/17 Stock Market Closing Prices

Posted: 06 Jul 2017 01:21 PM PDT

Stock Market Closing Prices - July 6, 2017

Dow Jones Industrial Average ( DJIA ) Close  - 21320.04 Down 158.13
Nasdaq Stock Market Close - 6089.46 Down 61.40
S&P 500 Close - 2409.75 Down 22.79
http://dowjonesclose.com

Commodities Closing Prices - 7/6/17

Gold Close - 1224
Silver Close - 16.00
Oil Close - 45.35
Natural Gas Close - 2.89

The Dow Jones Industrial Average closed at 21,320 on 7/6/17, as the stock market finally took a pause.  The stock market is heating up nicely but a major correction can come at any time and has been long overdue.  I just updated my Good Stocks to Buy for 2018.

Shares of Intrexon (XON) will continue to see volatility which is good for trading.  XON and HTGM are my top stocks to watch looking forward.   China 3x Bull (YINN) and Small Caps 3x Bull (TNA) are strong buys on all major pullbacks in 2017.

Check out my Top Stocks 2018 page for the latest stock picks

Check out my Top Penny Stocks 2018 page for my latest penny stock picks

Stocks to Buy 7/7/17 July 7, 2017

Posted: 06 Jul 2017 06:51 AM PDT

Stocks to Buy 7/7/17 July 7, 2017 - @stockstobuy - Twitter

Below is a list of stocks to watch on Friday.  These stocks are active and have the potential to break out this week.

Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Best Penny Stocks 2018

Intrexon (XON) - Intrexon (XON) dropped into the $21's recently which caused me to buy and start a long term position.  XON has been mentioned as the stock of the decade by early AMZN investor Bill Miller.  XON is a strong buy below $20 and that is what I plan to do.

Apple (AAPL) - Apple (AAPL) is rebounding ahead of earnings season. AAPL remains a strong sell right now because shares are still grossly overvalued based on historical metrics.

IBM (IBM) - IBM is forming a base around $150 and is looking good for the long term right now.  This is a cheapest value tech stock for the money right now.

Tesla (TSLA) - Tesla (TSLA) has seen a large drop ahead of the Model 3 launch.   Tesla (TSLA) is a strong buy below $250 on the next major correction.  All good news was priced into the stock above $360.

Small Cap Bull 3x (TNA) - TNA continues to trade in this $50-$58 range.  TNA is a strong buy below $43 over the next three months.

Shake Shack (SHAK) - Shake Shack (SHAK) has rallied 30% since earnings but is pulling back as analysts see concern over the weather.  This is a great long term stock to buy below $30!

Chipotle (CMG) - Chipotle (CMG) is pulling back into the low $400's.  I view shares as a strong buy, especially below $400 for the long term.

China 3x Bull ETF (YINN) - YINN is now trading back up near $22.  YINN is a strong buy below $17 if we ever see another big drop.  Resistance will be located up around $23.

Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Good Stocks 2018

Stocks to Watch - 7/7/17

Rentech (RTK)
Immunicellular Therapeutics (IMUC)
HSNI (HSN)
Kitov Pharma (KTOV)
Beigene (BGNE)
Cerecor (CERC)
Ampliphi Biosciences (APHB)
Miller Herman (MLHR)

Hot Stocks - July 6, 2017

Posted: 06 Jul 2017 05:24 AM PDT

Hot Stocks 7/6/17, July 6, 2017

Below is a list of the hottest stocks in the stock market today.  I watch these stocks closely in pre market and then look for good trading opportunities right after the stock market open.  If you are looking for more ideas, check out my stocks to buy 2018 page to see my latest stocks picks.  Or, if you are into penny stocks, take a look at my penny stocks for 2018 article.

Top Stocks Today - 7/6/17 - Pre Market

Beigene Ltd (BGNE) - Celgene (CELG) bought a stake in the company.

ProQR Therapeutics (PRQR) - ProQR's Drug Candidate QRX-411 for Usher Syndrome Receives Orphan Drug Designation from FDA and EMA - https://globenewswire.com/news-release/2017/07/05/1038906/0/en/ProQR-s-Drug-Candidate-QRX-411-for-Usher-Syndrome-Receives-Orphan-Drug-Designation-from-FDA-and-EMA.html

Kitov Pharma (KTOV) - KTOV Provides Update on KIT-302 New Drug Application, Shares Rise.

XON HTGM YINN are all Stocks to Watch in 2017

Other Pre Market Gainers  - USAU IMGN

For more hot stocks throughout the trading day, view Today's Biggest Gainers

Mortgage Rates 7/6/17 July 6, 2017

Posted: 06 Jul 2017 03:41 AM PDT

By Tim - http://daytradingstockblog.blogspot.com - @stockstobuy -

Home Mortgage Interest Rates - July 6, 2017

Interest rates have been slowly rising in July 2017.  Below is list of Today's Mortgage Rates from Wells Fargo.

Loan Type - Interest Rate - APR - 7/6/17

30-Year Fixed Rate                 4.125% 4.165%
30-Year Fixed-Rate FHA 4.625% 5.670%
30-Year Fixed Rate VA           3.875% 4.169%
15-Year Fixed Rate                 3.500% 3.588%
7/1 ARM                                 3.875% 3.980%
5/1 ARM                                 3.750% 3.950%

Jumbo Loan Rates - APR - 7/6/17

30-Year Fixed Rate                 4.125% 4.132%
15-Year Fixed Rate                 3.875% 3.886%

Past Rates - Click Here

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com

1 and 3 Month Libor Rates 7/6/17 July 6, 2017

Posted: 06 Jul 2017 03:39 AM PDT

July 6, 2017 - Here are the current libor rates for today. Today's Libor Rates for 7/6/17 are: 1 Month Libor Rate - 1.22333 & 3 Month Libor Rate - 1.30300%. The overnight Libor rate is 1.17389 As you can see, Libor Rates changed today, July 6, 2017.

-Due to a policy change, Libor rates are published on a 24 hour delay.  They are updated when the results are published.

Here are Previous Libor rates. You can also compare Libor Rates to how the Dow Jones trades.

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/

Dow Jones Futures 7/6/17 July 6, 2017

Posted: 06 Jul 2017 03:35 AM PDT

Stock Market Futures for 7/6/17 July 6, 2017

The Dow Jones and Stock Market are trading near record highs into July 2017.  Will the stock market go up or down on Thursday?  Keep tabs on the stock market futures which will predict the open on Thursday.  If you invest or trade stocks, check out the links below to view my stocks picks for 2017.


Stock Market Futures - July 6, 2017

Dow Jones Futures - Down 72
S&P 500 Futures - Down 12
NASDAQ Futures - Down 42
Gold Futures - 1225
Silver Futures - 16.01
Oil Futures - 45.74
Asian Markets ( Nikkei ) - 19994

View Today's and Yesterday's Biggest Stock Gainers

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