Pick of the week for Wk38 is GLOPP. Watch also FLI (buy at 1.45 if this reaches this price)

I didnt expect a preferred stock to trade at this high volume. (Look at Ayala's and the preferred stocks of others, which has zero volume daily), but local funds might have decided to park funds according to the dividend promise of this issue. There could be a +5% here in short term. (Disclosure: I bought a chunk of this issue at offering price, when I was looking to park some excess cash in). But--enter cautiously. Im still not sure about the overall market sentiment. There's net foreign selling the past few days, and many are saying that the index increase today is just technical bounce (a temporary respite from being down consecutive days).

Im also observing FLI. It's a definite add when it reaches 1.45. I like fundamentally-sound, good-current-P/E, second liners like FLI, which also pay generous dividend (at least 4%) annually. If you get stuck, at least you can count on some income.

FLI is definitely better than CPG (which is a good peer for comparison) in this sense. Although I also already entered CPG again at 1.28...

Pasawsaw-sawsaw moves lang dapat, mga katoto,

... at itabi agad ang kita. Wag magpapatagal sa baso, 'ika nga sa mga inuman. Magsubi agad ng kita. At kitilin ang pagkatalo kapag masama ang takbo ng presyuhan, o pagkatapos ng average down, e nanghihina na ang ganansya pataas.

Bagamat tinamaan din ako ng kulog ng bagyong pagbagsak kanina, gasino lang ang isinadsad ni ABS,  BEL, at MBT ko. Malakas-lakas pa rin, at nakatabi na ang kita mula sa CPG, TEL, et al. Hindi talaga ako nagtodo dahil kahit papaano, sinusunod ko ang CANSLIM ni O'Neill. Wag na wag daw sasabak nang todo kapag walang 'confirmed uptrend.'

Subalit mukhang nakakatakam na ang presyo ng ilang stocks, kasama na ng grupong Esem. Hhhhmn... baka makataya nang bahagya kahit isa lang kay SM o SMPH.

At dagdag pa diyan, sa ganang akin, marami-rami yata ang araw na lang ang bibilangin e cut-off na ng dibendo-taym. Ayon sa websayt ng PSE, ang mga ito ay malapit na malapit na magpamudmod ng ekstrang kita.

GLO (galante)
TEL (galante)
SGI (pwede na)
MBT (galante)
JFC (galante, lalo't kapag kinumpara sa mga dating ibinibiyaya ni Jollibee)

Ang GTCAP ay nalalapit na rin subalit kuripot ang ibibigay

Kailangan ding obserbahan ang mga ito. Kapag konting pumayapa ang palitan (yung hindi sobrang likot na parang kiti-kiti sa taas-baba ang presyuhan), kailangang tumaya na.

Kumbaga, nagkakaroon ng konting bentahe halimbawa ang TEL, maski bumaksak muli nang 5% pagkataya mo. Maluwag pa rin sa loob na magdagdag sa ibaba dahil may ilang porsyentong elbow room na ibibigay ang dibidendo. Mas kayang magtiis ng sakit kapag may dibidendong siguradong parating.

Kailangang makapagbukas ng online trading bukas, bandang alas diyes y medya, upang makataya sa isa man lang sa mga ito.

Sugod!

Update on pick of the week for Wk 35

So we're hit with that dreaded news. 

I mentioned that one news that can bring us down hard is "Bernanke saying that QE tapering will start pronto."

The FED meeting minutes is not saying that QE tapering will start pronto, but investors are reacting like it will...or more specifically, consensus now is "by September." 

So short term, we'll have to bear this hit. 

And we have to revise our picks to favor high-dividend paying securities that are now bargains today. Convert to cash and monitor TEL, GLO, and the bunch. If the prices start to become stable, bet!

Like months ago, my entry (starting) price in TEL is 2830, average down until 2700. For GLO, 1400.

But best to skim through, research, check previous charts, and evident supports, and choose also 'bargain pets' on your own.

Game on!