There will always be a balance in alternative trading strategies, as most FDI outflow activities in the PH stock market with a few exceptions after the ratification of the tax reform was a given factor and a timely bonus for the PSEI recovery back to the levels of 8461 as of Thursday 12.14.17.
Declassified: Sequence #Analysis: PSEI Back to Square Root
Although a good number of sophisticated investors from foreign institutions and private equity firms we know of have shifted towards the more attractive market on the #iShares #MSCI #Philippine #ETF as the PHP exchange rates between the #USD and the Philippine #Peso changes near the 50.50 rate as of this writing.
And would be much easier for investors interest where the #EPHE would simply trail the #PSEI performance with just the 10 most viable major corporations in its composite index. Besides the Holding firms, financials, industrial, property, mining/oil and service sectors forms the majority of the PSE index.
The ability and freedom to choose the right 'Alternative Markets' to apply 'Strategic Strategies' for our investors interest comes first as a fiduciary duty. And to know where global financial instruments are found to be attractive while defining the appropriate risk / reward management ratio in the portfolio.
Sighting the ability to Arbitrage between markets can provide the distinct advantage in forming a strategy where price inefficiency and differentials can be used to make certain gains from market continuity. Especially so from a recent discrepancy this December when both markets have established " New highs and New Lows'.
ReplyDeleteWith the exception that the PSEI by itself can not be traded unless trading through FMETF. While the EPHE is traded in the US while price action is based on its composition of 10 major Philippines listed company members performance.
A classic case & typical thin lackluster trading for the PSEI LMR at Friday's closing price 8432 after pm session intervention. Watch how the #EPHE US session pickup the slack with newer highs above the 38.33 mark.
ReplyDeleteWe wouldn't discount the probability of other broker / institutions that have taken up trade positions ahead of this price move. A relevant trading strategy commonly applied by corporate / proprietary trading accounts leaving retail investors /traders left out.
Its been slightly over a month from our previous information shared above. However, the PSEI's gradual increase to its current new record at 9078 have made it clear that a protectionist market among professional money managers and institutional participants are taking the lead action at the PSEI direction.
ReplyDeleteLeaving retail and main street investors still mending their trade positions from underlying stocks in the red that are not part of the main benchmark index that have been scrambling to ride a bullish market trend & outlook. More to follow regarding this issue.