In Wall Street - Positive Corporate Earnings, Rosy Jobs Market and Increase Costumer Spending seems to temper the crisis in the Middle East. However, oil continues to climb while neighboring Middle East countries try to address growing concerns of their respective citizens.
Australia is also poised for recovery after 2 natural disasters(Floods and Cyclone Yasi) struck them. Availability of Australian coal will depend on how long they can secure those mines.
In the Philippines, I advise you to consider the following stocks:
1. SCC - Semirara Mining Corp. - Prices of Coal orders almost doubled due to Australian issue. Sell this stock when it reach Php270
PSE Stock Info: SCC
2. JFC - Jollibee Foods Corporation - Prices went down because of market fluctuation due to the Middle East problem but it has a great upside potential. Sell this stock when it reach Php85
PSE Stock Info: JFC
Showing posts with label Egypt. Show all posts
Showing posts with label Egypt. Show all posts
February 4, 2011
January 29, 2011
Middle East Factor
There is a spreading discontentment in governments around Middle East from Tunisia and now Egypt.
It already is affecting the last day of trade this week and I believe it will continue to do so next week.
For those who wants to by, I advise to wait for the bottom of this before taking action. For those who wants to sell, sell cautiously so it won't compromise your position.
"Buy when there's blood on the streets"
It already is affecting the last day of trade this week and I believe it will continue to do so next week.
For those who wants to by, I advise to wait for the bottom of this before taking action. For those who wants to sell, sell cautiously so it won't compromise your position.
"Buy when there's blood on the streets"
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