All About Kwarta

So yeah, the market just touched a support line I've drawn for myself first mentioned here . That line went back as far as the start of 2012. That's a major support right there as far as textbook definitions go. What does it exactly mean? Well, for me nothing really. People are just fond of giving meanings to patterns. Supports are suppose to be a point (or a range) where a stock may bounce back. But the thing is, nobody knows really. For a long-time investor like me, I treat them as some sort of entry points. See those green lines down there? I saw them as significant supports and thus my entry points (buy) to an index UITF. Wiggly Lines and whatnot Of course, the market is still in the position of tumbling down. I've learned to tame my emotions. Unless a major turd hits a windmill, I'm very far from being concerned.

A long weekend starts. A little breather from a turbulent quarter I guess. Now we can let out a collective sigh of relief. Better, ain't it? Now, let's review the past quarter so we can asses where were we in the financial sense and if we are still on track on our plans. Did you know that we had the second worst performing stock market in the WORLD?! Yep. Having Venezuela in the bottom doesn't really help alleviate the pain. It's in a league of it's own. So in a sense, we ended the the quarter as the worst market in US Dollars. Link In Peso sense, we ultimately ended the quarter at -6.76%   YTD and -11.90% from the all-time high.  It's still not a bleak outlook. But after reviewing a multi-year trend, I believe it hasn't reached it's major support yet. For me, that's probably around 7200 - a drop of another 8% or more if the market will turn out to be crazier than the textbook fluctuations. The effect on my personal port

Is FGEN finally now on a reversal after a 2-year downtrend? Probably. It was up by 15% in the last two trading days of the past week. And as of this writing, it is already up by another 7%. Twin glorious white candles of the past week I knew there's something boiling. Then boom! Alert Message from COL Financial Question remains: Where do you draw a line between Insider Trading and trading based on pure public knowledge? That's rhetorical by the way and I'm not in any way complaining. I got like 14% FGEN in my portfolio I bought near the bottom. So this is pretty much a happy surprise for me.

The world's stock market is currently on bloodbath. The Dow Index dipped almost 5% last night. Our own bourse dip down to around 2.7% before climbing back up and closed at just 0.76% in the red. It has officially erased all of its gain for the year. Mine was spared - by a bit, down to just 2.41%  gain for the year. I seriously don't know if it will hold up. I have a few cash to buy on dips though. The thing is, nobody knows if there's something wrong or the markets just undergo a healthy correction. At this point, I am not worrying, I am not selling. We are nearing a short-term support soon. Hopefully it would bounce. Short Term Support Unfortunately, if we had to go way way back, we are long way to go before reaching that major trend. And it's gonna be ugly. Long term support

The second trading week ended on on an upbeat Philippine Stock market at 4.17% . I had my first stock share sell of the year when DNL hit my personal target at a little more than 20% since I accumulated less than 5 months ago. My buys shown in green lines and sells in grays It has been a good run after that ridiculous tumble back then. But the steep ascent puts the stock in so much pressure to correct at some point. I still have a few shares left in case it would continue its awesome rebound. My cash position now stands at 17% -  the second biggest piece of my portfolio. I'm eyeing on a stock that has been on a slump for so long hoping it would start it's upward reversal soon especially now that the market's in a bull once again.

The PSE Index ended 2017 at a record high of 8558.42 or up 25.11% from the previous year's close. This is pretty much a reversal of 2016's slump. My stock and fund portfolio ended slightly higher at 26.19%. My Portfolio (Orange) against the index (Green) Additionally, I was able to double my portfolio by infusing some "katas ng New Zealand" . Looking forward to doubling it again at the end of this year. Portfolio components My biggest position is still with FPH which has been a laggard for quite some time. Nobody knows when will it bounce back. But I believe it will have its own time soon. It's downward trend was somehow balanced out by the rebound of my other stocks including  FLI (which I already sold), AGI and DNL . Portfolio Accounts Looking at the PSEI's chart, there's suppose to be a major correction happening pretty soon. Let's see where the market will take us this year.

I'm not sure if I'm surprised that among the Mutual Funds invested in Philippine securities, nothing literally beats the market index at 25.11%. The question remains. Why the hell is that? I mean, I don't know too. I'm not a pundit myself. Considering that some of these funds were supposedly actively managed by "experts" who were paid premium, it seems like all of them just dump a portion to track the index and leave it there for the rest of the year. I remembered a particular fund manager actively promoting DNL  on several platforms including the social media even after its huge drop in August. Because why not? DNL was among the fund's top ten stocks. By November 13, DNL registered a significant reversal at 5.3% (circled in red below). In effect, it should have had an impact (even slightly) on that fund's performance, right?  The market index is down by 0.5694% that day. And guess what's the fund's return for that same  day? Yep, also down

The market recovered in 2017 registering a 25.11% upside. If you have invested in index funds in the past year, you'd be alright, theoretically. In fact, equity funds registering high returns were those tracking the index. That was inversely true last year when the whole market was down. If we have to draw a conclusion from that observation, we can say that index funds tend to overperform on an up market while dividend-focused funds best perform on a down market. But then again, past performance does not guarantee future results. Equity Funds Rank Bank Fund Name ROI Previous Rank 1 Security Bank Corporation SB PESO EQUITY FUND 27.52% 27 2 Metropolitan Bank & Trust Co. Metro PSEi Tracker Fund 25.68% 15 3 ATRAM Trust Corporation ATRAM Philippine Equity Smart Index Fund 25.10% N/A 4 Security Bank Corporation SB PHILIPPINE EQUITY