Tracking the PSE Index & PH Stock Picks

As of Jan 18, 2017

Most actively traded stock shares of the Blue Chips have retained its levels after the first two weeks of trading into the new January month of 2017. Currently, the majority of the stocks are drifitng in a corrective mode as the rapid climb is now faced with profit-taking along the way.

The PSE Index, a barometer for price strength and weakness have corrected after registering a recent high slightly above 7400 level of resistance near a psychological barrier near the 7500 that slid down to a low @7123. The probability of a pause until the next catalyst pushes the prices will remain at bay for the near term. In spite of the major news from the 4 major corporations agreement in assisting to resolve the much needed infrastructure solutions to the ever growing traffic congestion. Although, this has helped put some price relief to a daily session price recovery.

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