Market Skim Through and Midweek Assessment: Another gain, adjusting sell points

 Index gained 120 +points, or +2%, to close at above 6200. We're green on the fifth straight day (although the first 3 days yielded only small increases).Volume was again a respectable 9.22 B. And most important: Foreigners were net buyers at Php1.56 billion.

	Stock Code	Last	Change	%Change	Value
1	VITA	0.8200	0.1200	17.14%	1,304,090
2	IMI	2.2900	0.3000	15.08%	2,543,610
3	RPL	16.9000	1.9000	12.67%	85,640
4	ATI	12.0000	1.1000	10.09%	42,000
5	BLOOM	11.8800	0.8800	8.00%	198,293,778
6	EVER	0.2500	0.0180	7.76%	373,200
7	EG	0.0160	0.0010	6.67%	49,600
8	PA	0.0350	0.0020	6.06%	6,400
9	OPM	0.0190	0.0010	5.56%	90,800
10	ALI	26.7000	1.4000	5.53%	730,105,940
11	WEB	12.0000	0.6000	5.26%	54,995,934
12	VMC	1.7000	0.0800	4.94%	354,530
13	CLOUD	6.5000	0.3000	4.84%	650
14	FLI	1.5200	0.0700	4.83%	103,712,780
15	EDC	5.7000	0.2600	4.78%	88,401,522
16	MFC	690.0000	29.5000	4.47%	199,390
17	DNL	6.6000	0.2800	4.43%	19,660,775
18	BEL	4.7000	0.1800	3.98%	25,081,260
19	AC	574.0000	21.5000	3.89%	263,228,045
20	AEV	48.0000	1.7500	3.78%	220,973,800

Among all the gains, I liked the increases in AEV and AC, where I averaged down heavily in in my main port. Im now almost green in these two, although we're not even close to returning to 7 K, or even 6800--which local pundits is now setting as the yearend target. This is  far below 8000, 8500, or the moooonn as others were saying last June. But any way, I plan to sell portions of these two before the week ends as hedge to another news on QE tapering that may hit us next week. 

One of my sell price points in TEL was hit at 2904 in the first trade of that issue, for a 5% gain. This is my fifth time gaining from range-trading TEL since the downtrend, and I still have one position left.

I entered one tranche in VLL, which increased 3+% immediately after, but was reduced to a measly +.9% at closing. I might add another tranche first thing tomorrow. The Villars announced divs and the assumption of Manny Villar as Chairman. More on VLL on another post. 

EDC also announced respectable cash divs. This one plus the one they paid in March makes EDC a +3% yielding issue.  Not bad, but would be better if it goes back to to at least 6.5+. It is -1% in one year, and -30% year-to-date, -60%+ from 52-week high, clearly one of the worst performing index stock. Can it recover soon?