- PSEi is top 3 in YTD gain on indexes world wide.
- PSEi is the only Asian bourse that belongs in top 6 outperforming indexes
- PSEi made a record high close today
As of posting, Dow, Nasdaq, S&P, Gold and Oil are on green zone while major European markets closed strongly with at least 1.5% gain. If there is a sentiment play on PSEi tomorrow, then we can borrow the DOTs latest slogan, It’s more fun in Philippines…(stocks exchange).
We need a healthy correction.
TEL weekly chart – the heavy weight
To all index-stock traders, just be quick to pull the trigger whenever the PSEi reverses. Otherwise, just enjoy the ride 😉