8 Steps in Scanning and Trading PSE Index stocks
But first.
Know that you can make money in select index stocks, not all. Earning is not limited to piso stocks, it is based on upside. It can be 1.0 and stays there forever. Or it can be 1000 and 3000 after a month.
But first.
Know that you can make money in select index stocks, not all. Earning is not limited to piso stocks, it is based on upside. It can be 1.0 and stays there forever. Or it can be 1000 and 3000 after a month.
1. Check the PSEI chart.
Is it uptrend, is it sideways or is it downtrend.
If it is sideways or uptrend, you can bet on index stocks. When it is downtrend, you wait for the reversal before betting on the index stocks.
dont be ahead of the trend.
Is it uptrend, is it sideways or is it downtrend.
If it is sideways or uptrend, you can bet on index stocks. When it is downtrend, you wait for the reversal before betting on the index stocks.
dont be ahead of the trend.
2. Look at the charts of each sector.
Holdings
Services
Properties
Financials
Industrials
Mining
Same thing. Is it side ways, uptrend , or downtrend.
Note : We do not have an index MINING stock in the 30 PSEI stock. It has a movement of its own.
Holdings
Services
Properties
Financials
Industrials
Mining
Same thing. Is it side ways, uptrend , or downtrend.
Note : We do not have an index MINING stock in the 30 PSEI stock. It has a movement of its own.
3. When you identified the strong sector, look at the leader of sector. The leader will be the first to move. Then it will be followed by others. If its not the leader that moves first, then its not a sectoral move. It is an outlier.
Example
SERV, upside 23%, GLO 70%
Example
SERV, upside 23%, GLO 70%
4. Compare the charts of each index stock that belong to the same subsector to confirm that it is a sectoral move and if the leader is indeed acting that way.
This will also tell you which one is the laggard.
This will also tell you which one is the laggard.
5. Once you made a choice, line up.
PSEI, sector, stock.
What is the purpose of this?
To know that your stock is beating the index.
Take note, there are index fund trackers. Out of 30, there will be outperformers. Your stock should beat the index. If it doesnt, its weak.
PSEI, sector, stock.
What is the purpose of this?
To know that your stock is beating the index.
Take note, there are index fund trackers. Out of 30, there will be outperformers. Your stock should beat the index. If it doesnt, its weak.
6. Find your entry based on your parameters. You can chart it the way you want.
Your exit will depend on the PSEI and Sector stock. If the trend is intact, then it will still have an upside.
Index stocks, follows the index.
Your exit will depend on the PSEI and Sector stock. If the trend is intact, then it will still have an upside.
Index stocks, follows the index.
7. Scan the rest of the PSEI stocks. There are only 30. Always look for the next opportunity because the sectors ROTATE. It cant be services forever. After services, it might go back to holdings for as long the index is uptrend.
If its downtrend, out.
If its downtrend, out.
8. Remember the big moves of the index heavy weights during MSCI and PSEI rebal.
MSCI 2x a year
PSEI 1x or 2x.
These times guarantee big moves for index stocks.
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That is everything about trading the PSEI stocks.
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End of Thread.
MSCI 2x a year
PSEI 1x or 2x.
These times guarantee big moves for index stocks.
=======
That is everything about trading the PSEI stocks.
=======
End of Thread.
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