Buy on Bargain

Philippines stocks continue to slide due to global dynamics. With Middle East crisis, China raising interest rates and U.S. economy picking up. Foreign investors are dumping local stocks resulting to what they call bloodbath.

My take on this one is that make this as an opportunity to buy more stocks of companies that have sound business models and good potential upside. Those companies whose earnings are in record highs and are projected to continue their winning streak will eventually correct.

End of Week Invesment Report

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

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"