Philex Mining Corporation (PX) Digs Up Some Gains!
Despite the 0.56% and 1.14% drop of the PSEi today and the Dow Jones Industrial Average (DJI) yesterday respectively, gold mining companies listed in the Philippine Stock Exchange like Philex Mining Corporation, Manila Mining Corporation and Lepanto Consolidated Mining Company still made it to the top gainers list today.
Metro Pacific Investments Corp. (MPI) Inching Higher
Who says silver is cheap?! Silver or XAGUSD in the trading arena is in fact trading at its all-time high along the much coveted gold or XAUUSD. So don’t get left behind… catch the silver express when it takes a halt!
Bear Alert on Southeast Asia Cement Holdings (CMT)
Robinsons Land Corporation (RLC) Poised For A Move North
Rizal Commercial Banking Corporation (RCB) Makes A Move!
The stocks of publicly listed company, Rizal Commercial Banking Corporation or RCB in the Philippine Stock Exchange, went up by 2.9% to PHP28.75 during today’s trading session. This move was backed up with significant amount of volume that makes me consider this a convincing breakout from the 6-month descending channel pattern.
Last March 25, I presented my stock picks as a guest speaker for the Absolute Traders event “BULL pa ba or BEAR na ba???” and one of them was DMCI Holdings Inc. or DMC as listed in the Philippine Stock Exchange (kindly check here). I mentioned that DMC’s uptrend is still intact and the possibility of a cup and handle pattern forming puts the stock in great shape.