1st time to play basura stocks after maybe 5 or 6 years 3-31-2016

First time to play basura stocks after maybe 5 or 6 years? Beginner's luck? or possible I have been an experienced trader already and gained some skills from the 2009 recession. haha.

PHILIPPINE PREFERRED SHARES update 3-16-2016

Updated as of March 16, 2016

The following are the current available Philippine Preferred shares and their updated call dates:

PRF2A - Petron Preferred 2A series - 5.67% NET - Quarterly*
PRF2B - Petron Preferred 2B series - 6.1725% NET - Quarterly*
PFP2 - Purefoods Preferred - 5.09% NET Quarterly*
MWP - Megawide Preferred - 6.3225% NET Quarterly*

SMC2A - SMC 5year - 6.8% net Quarterly* (REDEEMED - not traded anymore)
SMC2B - SMC 7year - 6.975% net Quarterly*
SMC2C - SMC 10year - 7.2% net Quarterly*

SMC2D - SMC 5year - 5.35% net Quarterly*
SMC2E - SMC 7year - 5.692% net Quarterly*
SMC2F - SMC 10year - 6.13% net Quarterly* 

SMC2G - SMC 5year - 5.921% net Quarterly*
SMC2H - SMC 7year - 5.69% net Quarterly*
SMC2I - SMC 10year - 5.70% net Quarterly*
  
FGENF - FirstGen F Shares - 7.2% net Semi-Annual*
FGENG - FirstGen G Shares - 7.0% net Semi-Annual*
ACPB1 - Ayala Preferred - 4.725% net Quarterly*
ACPB2 - Ayala preferred - 5.0175% net Quarterly*
Globe something - 4%(not sure) SEMI-ANNUAL*

PNX3A - Phoenix Petroleum Series 3 - 6.685% net Quarterly*
PNX3B = Phoenix Petroleum Series 3 - 7.425% net Quarterly*

DD - ????? 

All are listed in the Philippine Stocks Exchange and be tradable until their call date. *Percentage(GROSS/NET) are per annum basis., Quarterly and Semi-Annual written down are dividend payouts per year.

Call Dates listed below*:


2017, SEPT - SMC2B 5th year OPTIONAL redemption and may call anytime
2017, NOV - PRF2A 3rd year OPTIONAL redemption and may call anytime

2018 - SMC2D 3rd year OPTIONAL redemption and may call anytime
2018, MAR - PFP2 3rd year OPTIONAL redemption and may call anytime
2018, JULY - Mandatory Call Date of FGENF

2019 - ACPB2 5th year OPTIONAL redemption
2019, SEPT - SMC2C 7th year OPTIONAL redemption and may call anytime
2019, NOV - PRF2A Mandatory 5th year Call Date
2019, DEC - MWP 5th Year Optional Redemption - MAY CALL ANYTIME(Tax Event,Taxation) 
2019 - SMC2G 3rd year OPTIONAL redemption and may call anytime

2020 - Mandatory Call Date of SMC2D (5th year)
2020 - SMC2E 5th year OPTIONAL redemption and may call anytime
2020, MAR - PFP2 Mandatory 5th year Call Date
2020 -  PNX3a 5th year OPTIONAL redemption and may call anytime

2021, NOV - PRF2B Mandatory 7th year Call Date
2021 -  Mandatory Call Date of SMC2G (5th year)
2021 -  SMC2H 5th year OPTIONAL redemption and may call anytime

2022 -  Mandatory Call Date of SMC2E (7th year)
2022 -  SMC2F 7th year OPTIONAL redemption and may call anytime
2022, JULY - Mandatory Call Date of FGENG
2022, SEPT - Mandatory Call Date of SMC2C
2022 -  Mandatory Call Date of PNX3a (7th year)
2022 -  PNX3B 7th year OPTIONAL redemption and may call anytime

2023 - ACPB1 10th year OPTIONAL redemption
2023 - SMC2I 7th year OPTIONAL redemption and may call anytime

2024 - ACPB2 10th year MANDATORY redemption 
2024 - Mandatory Call Date of SMC2H (7th year)

2025 -  Mandatory Call Date of SMC2D (10th year)
2025 - Mandatory Call Date of PNX3B (10th year)

2026- Mandatory Call Date of SMC2I (10th year)

2028 - ACPB1 15th year MANDATORY redemption

* listed rates and month/year are the calendar dates I know, please verify exact rates, day, month and year if needed. 
** All have closure that they may extend the Mandatory Call date + some additional %

MBT 3-14-2016

SPX (S&P500): Bulls vs Bears count 3-14-2016

It is really really hard which side to come into. Both counts (bullish or bearish) are really still in play. No confirmation from both parties, and all people are mind bugged  on any technical expert's count or advise.

I myself want to lean towards Tony's count as a failed Primary Wave 5. and bear market underway, but current counter rally is too good to be true to resume it's uptrend.

I recommend to watch closely and wait for more confirmation, as these times for me will be high risk to go LONG, and lesser risk to go SHORT.

Goodluck!

PSEi breakout confirmed last week 3-14-2016

TEL: withrawal of Telstra boosted stock price 3-14-2016

Short term resistances: 2000-2150

Upgraded from Downtrend to Sideways pattern due to unexpected withrawal of Telstra and SMC venture. Boosting TEL and GLO's earnings to be on track for the next 3years.

TEL in bear market, looking for downside targets 3-10-2016

TEL still in Bear Market since we confirmed it late 2015.

And TEL gave up a lot of CASH dividend making foreigners drop this stock.

TEL still in long term Bear Market, but giving it hope by allocating BUY supports which could be around 1300-1500.

No assurance that it will rally, but a manageable support level to calculate its ROI in cash dividend and earnings.

For those who are stucked. I believe, TEL and GLO have already peaked it cycle in the next 5years or so.

PSEI: looks like a breakout after 5 waves down 3-10-2016

* my only concern is that. PH chart only shows breakout from all time high downtrend resistance VS all US, Europe and some Asia.
** SPX same downtrend resistance at 2034 for a clear breakout

SPX Elliot Wave forecast 3-3-2016

Too lazy to do a full page screenshot/report.

Using ABchart's review as I am also leaning towards his forecast:

Sovereign bond yields turning negative. TSK TSK 3-3-2016