The ratio tells you that you pay this much for a stock that earns this much. So for a PE ratio of 16, it tells us that market participants are willing to pay 16 times the expected earning of the share.
Admittedly, the longer trading hours will take some time of getting used to, but hopefully we get to maximise the more hours given to us to execute our trading strategies.
Growth rate of earnings (net income) shows that the company and its value is growing. And if the company value is growing, that means the stock prices ought to grow too.
I’ll boldly assume that the investing public is getting younger and younger throughout the years. Same here in the country, people are getting into the stock market a lot younger when compared to years ago.
I am always excited to hear good news and new improvements for PSE, not just for the stock but for the whole stock market in general. Such changes actually affect us all who participate in the market!
These are just a few of the effects of holidays to our economy, whether micro or macro. As to how the effects are computed and quantified, I leave it to our qualified government officials and economists to check.
It never fails, whenever people hear that I’m into stocks trading, I usually get questions on how much I invest, what stocks I buy, what my strategy is, and how to buy and sell stocks to begin with.
No more 8am-5pm job for me. No more joining the rat race to and from Makati or BGC or Ortigas day and night. No more managing up to my superiors, no more waiting for recognition or the next payday or the next salary increase or promotion. I’m my own boss (after God and my wife of course).