TUE 25 August Wrap-up

the market today continue the upward by taking off the peak of August @ 6646 and print new high 6690 so the reversal signal we talk about before in 19 August was false breakout but also we must be aware cuz this is the 4th up day in row

we can see sharp correction like what happened in June after we breakout the peak too ..

out active positions still doing well and we trail our stop to protect some of the profits, the trailing based as multipliers of the ATR, ALCN @ 112.5, NASR @ 18.5, SUGR @ 23

the chart scan today generate some opportunities but not all of them are class A

the best of them are NCCW, ENGC, UNIP, EHDR

1st Ramadan Wrap (SUN 23 Aug 09)

3 stocks initiated today ALCN, NASR, SUGR and one liquidation AITG @AV 18.5 and COMI neglected for it gap opening

I hate those short sessions of Ramadan but what we can do, the market open 10:30AM and close 1:30PM

so WTF we can do with 3 hours except bad manipulation

I collected only some of the planned positions in ALCN 103 and the reason is the short sessions

ALCN and NASR were two of the best performers today, it seems we will celebrate the Eid early this year

let’s see how this develop cuz I still see the market weak cuz the divergence between the market and it’s blue chips so trail your stops using the ATR as you can

there is no watch list today

stocks to watch

the market rebound in Thursday and now we’re facing one of two options a congestion or upward continuation

also downward move can occur too if the congestion low taken ..

five stocks to watch in Sunday:

we still hold AITG only and will liquidate on any sign of weakness

Happy Ramadan …

ECAP, GLAS AND OSTD today

today 3 positions initiated from yesterday pending orders in ECAP.CA, GLAS.CA and OSTD.CA and one liquidation in ALCN.CA at breakeven with costs

the market was interesting today, and may be there will be small run before all those bad news hit it hard …

today bad news were:

• Egyptian Financial and Industrial (EFIC.CA) 1H09 results dips 78%
• Credit Agricole Egypt Bank (CIEB.CA) 1H09 results dips 13%
• Ascom Mining (ASCM.CA) 1H09 results dips 35%
• BNP PARIBAS Egypt Bank (BCNP.CA) 1H09 results dips 31%
• POLVARA Cotton (APSW.CA) doubles it’s prior losses in 1H09 results
• National Navigation (NANA.CA) record in 1H09 $34M losses/$47M Profit in 1H08

and tomorrow watch stocks list:(click to enlarge)

select what you see and tight your stops

Stocks To Watch (Week 33/2009)

here are some stocks to watch, be careful, I’m still uncomfortable about the market behavior cuz the reasons in the prior post

so be wise and selectable

click to enlarge the sheet

Egyptian Exchange Weekly Wrap 14-18 SEP 08 … I

as any market in the world this week, MENA stocks tumbled very bad but dislike the other markets they closed the week ugly

EGX crashed -13.55%, ADX -7.53%, DFM -7.89%, TADAWUL -9.11%

when you speak about sectors and stocks also dislike the Europe, Asia and USA markets, MENA markets completely affected with the bad news, the whole markets collapses as the blue chips doing and didnt act the same on any run LOL

to see this look at the Egypt Exchange which has only one Green stock this week!(MEDU.CA +0.5%, illiquid stock), and you will see this in the Top/Worst performance sheet

also to count the week facts: 11 stocks made All Time Low, 30 stocks closed at OneYearLow, 22 stocks closed @ TwoYearsLow, 4 stocks at ThreeYearsLow, 3 Stocks @ FourYearsLow, and one stock closed at FiveYearsLow

with all means it was a very bad week and the action done in the last two sessions!

in EGX the most bad sectors were:

Real Estates (-18.68%) and this of course by the market big caps TMGH.CA, HELI.CA, OCDI.CA etc

the Industrial sector (-17.81%) win this score SWDY.CA, ALCN.CA, AUTO.CA, CSAG.CA

and if we can say there were a top performer stocks this week, we can say it was the Healthcare (-6.11%), Chemicals (-9.87%)

the change table

Egyptian Exchange Weekly Wrap, 7-11 SEP 08

the week of no news, very quit week, the blue chip dropped slowly and the rest run!

the worst sector was the small telecom (-6.87) by the help of Orascom Telecom ORTE.CA and it’s bad news and downgrads and bad fair values, then come the banking sector (-5.12) and it’s bad outlook for the next year, today CIB Egypt (COMI.CA) tumbled -5.3% which drag the whole sector with it

the market itself witness -2.71% this week with bigger than average turnover

the best sector this week was the Food sector (+10.96%) cuz the high food prices in Ramadan and inflation rise

the real estate sector performed well too (+7.09%) and this on the contrary to the UAE real estate sector which collapsed badly this week, in egypt the sector run by Talaat Mustafa Group TMGH.CA and it’s news and the new chairman

The Volume Leaders

Stock	Last		% change		% Vol		Notes
MHOT.CA	130.00		36.91%		1210%		very illiquid
ACRO.CA	48.70		-3.37%		433%
$EGSA.CA	5.25		5.00%		378%		like MHOT
EGAL.CA	62.03		39.52%		315%
TMGH.CA	7.10		8.56%		227%		**
ABUK.CA	232.13		0.95%		181%
EXPA.CA	21.66		3.14%		181%
AMOC.CA	78.25		0.97%		174%
CSAG.CA	21.01		35.55%		161%
ALCN.CA	150.00		5.63%		141%
ROTO.CA	380.00		-1.76%		139%
ALUM.CA	60.90		25.83%		135%
SEIG.CA	85.52		-4.99%		111%
SCFM.CA	108.98		29.43%		90%
EGAS.CA	247.97		10.21%		84%
AREI.CA	108.00		-2.04%		81%
HDBK.CA	25.17		-2.82%		76%
NRPD.CA	38.25		25.41%		59%
RTVC.CA	8.86		6.62%		56%
$NANA.CA	21.05		-2.55%		55%
CEFM.CA	27.19		21.38%		54%
APSW.CA	6.36		18.88%		51%
SNFC.CA	72.85		7.61%		50%

the best and worst this week

Stock % CHG VOL EGAL.CA 39.52% 315% ICID.CA 38.75% -1% MHOT.CA 36.91% 1210% CSAG.CA 35.55% 161% NHPS.CA 34.57% 3% SCFM.CA 29.43% 90% EPCO.CA 27.32% -8% AICR.CA 26.57% -6% ALUM.CA 25.83% 135% NRPD.CA 25.41% 59% NIRE.CA 25.25% -93% AALR.CA 24.90% 4% GLAS.CA 24.20% -3% RREI.CA 24.12% -24% MOIN.CA 23.75% -86%

Stock % CHG VOL OLGR.CA  * -19.30% -8% AJWA.CA -13.68% -56% TRTO.CA -13.00% -99% OCDI.CA  * -10.64% -4% ORTE.CA  * -9.09% 33% ESRS.CA  * -7.34% -44% CANA.CA  * -6.75% -31% COMI.CA  * -5.53% -11% EMOB.CA  * -5.51% -2% EHDR.CA -4.90% 29% ELKA.CA -4.76% -59% HRHO.CA  * -4.73% 38% DARY.CA -4.60% -61% ETEL.CA  * -4.05% 33% SWDY.CA  * -3.85% -27%

as you see the worst stocks this week were the blue chips of the market (the starred symbols)

let’s see what the market show in the next week

the new portfolio performed very well this week +4.91%, the third week in row, very good start, I will past the week result in the journal blog now

Egyptian Exchange Weekly Wrap 31/8-4/9

very interesting week, tumbled in the first two sessions by the help of Hisham Talaat Mustafa arresting news and it’s stock blowing and rebound in the end sessions and closed +0.3%

many stocks outperformed this week and little number dropped

the worst sectors this week were: Telecoms, Basic Resources and Real estate

the last one has the murdering issue and the first going down by the bad news of Orascom Telecom bad earning release

the best sectors were the Financials +4.51%, Constructions +4.46%, Chemicals +3.92% which contain many of the blue chips of the market like OCIC.CA, HRHO.CA, EFIC.CA

The Volume Leaders and the Top/Worst Performers this week

Stock	Last		% change		% Vol		Notes
TMGH.CA	6.54		1.08%		370%		Vol: 216M
ACRO.CA	50.40		-3.08%		227%
$NAHO.CA	0.90		1.12%		222%
ABUK.CA	229.95		4.05%		153%
EGAL.CA	44.46		-0.71%		150%
AREI.CA	110.25		4.01%		146%
CSAG.CA	15.50		7.64%		103%
ALCN.CA	142.00		10.95%		97%
HDBK.CA	25.90		8.14%		86%
MBSC.CA	69.61		0.88%		83%
EHDR.CA	7.55		21.77%		69%
EGAS.CA	225.00		33.14%		63%
AFDI.CA	52.60		36.45%		60%
AREHA.CA	20.16		12.63%		41%

Stock % CHG VOL SNFC.CA 52.82% 9% SNFI.CA 47.23% -45% ABRD.CA 45.61% 40% AFDI.CA 36.45% 60% EGAS.CA 33.14% 63% MENA.CA 26.95% -25% AALR.CA 24.90% 4% EHDR.CA 21.77% 69% OLGR.CA 20.00% 39% NCCW.CA 19.91% -14% GIHD.CA 17.35% -23% IDEA.CA 15.08% -23% INFI.CA 14.88% -17% HCFI.CA 14.29% 21% SMPP.CA 13.62% -95%

Stock % CHG VOL SCAR.CA -14.92% -47% ORTE.CA -9.67% 29% CERA.CA -9.65% -66% ORWE.CA -8.89% -37% WACE.CA -7.54% -55% PPIS.CA -7.24% -79% EGBE.CA -7.14% -52% EGSA.CA -5.66% -27% ETEL.CA -5.18% -44% MOIN.CA -4.93% -87% ESRS.CA -4.65% -13% RTVC.CA -4.37% 21% SAUD.CA -4.18% -62% ESGI.CA -4.06% -89% AIVC.CA -4.04% 16%

Egyptian Exchange Weekly Wrap 24-28 AUG08, August 08 Wrap

the EGX outperformed this week, and begin a short term uptrend plotted on the daily TF

from the sectors view, there was only the Households sector which has a weak performance and witness a drop by -3.8%

the best performer sectors this week are: the basic resources which run 12.88% and the leaders of this up movement are the steel companies ESRS.CA and IRAX.CA from El Ezz Group

the next was Industrial Sector by it’s pennies and small caps ELEC.CA, GLAS.CA, ENGC.CA, ETRS.CA, SCAR.CA

then the chemicals sector was the third in the ranking by it’s large caps EFIC.CA, SKPC.CA, so the Construction sector by cements and the whole market leader OCIC.CA

the food sector also run at the last two sessions of the week by it’s majors SUGR.CA and the Mills stocks

the market itself closed @ 8375.24 with 4.92% from the last week 7982.74

on a monthly basis: August was a very bad month the market lost -9.47% this month, on a sector basis Travel sector was the worst one this week by -18.66%, the real estate -15.74%, the food sector by -15.22%, then the construction by -13.98%

finally the best performer was ofcourse the defender sector the Healthcare

the market turnover this week was heavy and aprox. 3.87B, many stocks from the best performers are also volume leaders

the volume leaders

Stock	Last		% change		% Vol		Notes
ACRO.CA	52.00		18.25%		685%		Construction
PACH.CA	47.90		-2.24%		587%		Construction
$EGBE.CA	2.80		15.70%		463%		Banks
CANA.CA	15.51		22.90%		391%		Banks
MCQE.CA	76.50		0.66%		296%		Construction
AJWA.CA	87.75		2.45%		189%		Food
HDBK.CA	23.95		11.55%		167%		Fin services
ENGC.CA	12.01		22.55%		132%		Industrial
ALCN.CA	127.99		12.27%		119%		Industrial
CSAG.CA	14.40		3.75%		111%		Industrial
FAIT.CA	27.00		-3.57%		96%		Banks
MBSC.CA	69.00		-7.26%		88%		Construction
AREI.CA	106.00		-3.65%		64%		Real Estate
ESRS.CA	25.57		20.70%		51%		Basic Resources
NSGB.CA	29.00		7.41%		44%		Banks

The market Worst and Best Performers

Stock % CHG VOL SCAR.CA 44.23% -52% PPIS.CA 35.71% -76% RREI.CA 34.58% -57% $TRTO.CA 26.05% -97% CERA.CA 24.21% -31% CANA.CA 22.90% 391% ENGC.CA 22.55% 132% AMES.CA 21.98% -35% ETRS.CA 21.27% 30% SCFM.CA 20.78% 22% ESRS.CA 20.70% 51% ACRO.CA 18.25% 685% WCDF.CA 18.13% 31% UNIP.CA 16.93% 36% ROTO.CA 16.83% -40%

Stock % CHG VOL WATA.CA -20.87% -54% AFDI.CA -17.93% 8% MFSC.CA -15.49% -7% EPCO.CA -13.57% -23% AIUR.CA -10.68% -40% SIMO.CA -8.65% -74% ORHD.CA -7.77% -98% MBSC.CA -7.26% 88% ICID.CA -6.68% -49% EGAS.CA -6.11% -17% NRPD.CA -4.88% 32% ACGC.CA -3.99% 6% PRCL.CA -3.96% -41% NCGC.CA -3.77% -42% AREI.CA -3.65% 64%

Egypt Exchange 27-31July08 Wrap

Volume Leaders

Stock	Last		% change		% Vol		Notes
MCQE.CA	75.50		0.59%		1050%
$EGSA.CA	5.94		16.02%		274%
EHDR.CA	8.57		5.67%		133%
SUGR.CA	32.07		-0.37%		129%
$AIVC.CA	1.00		-10.71%		72%
MFSC.CA	7.74		-4.21%		70%
ALUM.CA	63.60		-3.20%		63%
MILS.CA	57.82		3.25%		63%
NRPD.CA	36.30		-6.20%		48%
UNIP.CA	47.02		-8.52%		46%

All Time Low

Stock	% CHG	VOL %
AIVC.CA	-10.71%	21%
NAHO.CA	-6.36%	27%

Top & Worst Performers:

Stock % CHG VOL % $EGSA.CA 16.02% 274% ETRS.CA 15.66% 11% PPIS.CA 12.33% -24% AFDI.CA 10.15% -2% AREHA.CA 9.12% -38% IEEC.CA 8.26% -11% NMPH.CA 7.29% -4% ESGI.CA 7.12% -90% KZPC.CA 5.93% -75% EGAL.CA 5.67% -5% EHDR.CA 5.67% 133%

Stock % CHG VOL % OBMI.CA -35.90% 33% PRCL.CA -29.34% -10% AIUR.CA -25.73% -59% AREI.CA -19.18% 40% TRTO.CA -18.05% -79% NCGC.CA -17.24% -33% WACE.CA -14.40% -54% ALCN.CA -12.99% -21% CSAG.CA -12.72% 25% AALR.CA -12.04% -60% SNFI.CA -12.03% -72%