Dow ends up 4.5% as US stocks continue volatile run

NEW YORK: Wall Street stocks rocketed higher on Wednesday (Mar 4), boosted by a strong performance by US presidential candidate Joe Biden in the Super Tuesday primaries and extending a run of volatility amid coronavirus worries. Read More

TECHNICAL CHARTS

PSEi should re-bound this morning – currently is testing the re-test line
SP500 – Test the Re-Test Line
New York Stock Exchange – took a breather yesterday – but more downside expected
9AM Tokyo Market will be Interesting to watch

KEY TAKEAWAYS

  • Fundamentally the Philippines Stock Exchange remains strong
  • There are slight dent due to CoronaVirus but long term view – PSEi remains good
  • Buy companies that have good future earnings

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