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Monthly Archives: May 2018
Daily Notes: May 31, 2018
Market Outlook The market hits its all-time low at 7470.14 upon breaking its strong 7500 support 2 direction might our index headed since tomorrow would be month-end window dressing for fund managers also the implementation of MSCI rebalancing we might … Continue reading
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Daily Notes: May 30, 2018
Market Outlook Trading is seen to move sideways to the rest of the week as negative sentiment in our local bourse still persists. In addition to the MSCI rebalancing this Friday we might also see month-end window dressing. Support level … Continue reading
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Daily Notes: May 29, 2018
Market Outlook Investor will be on watch mode as geopolitical jitters and uncertainty of inflation also investors are not trading blue chip stocks this might result to consolidation from 7500 support level and resistance at 7750 and 7800. Adding to … Continue reading
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Philstocks Trading Guide, May 28, 2018
Philstocks Trading Guide We are glad to share this Philstocks Trading Guide to help you widen your trading opportunities and become a more effective stock market trader. For the full research, kindly go here: Trading Guide_May 28, 2018 Source: Research Team
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Daily Notes: May 28, 2018
Market Outlook In spite of a late rally, the local index failed to finish with gains today as it closed 0.07% lower than the previous day. Losses are attributed to the further weakening of the Peso relative to dollar as … Continue reading
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Daily Notes: May 25, 2018
Market Outlook The local bourse has bounced back to the 7600, snapping its 5 trading day losing streak. However, concerns for the equities market still hold amid persistent inflation and peso depreciation coupled with global tensions such as the North … Continue reading
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Daily Notes: May 24, 2018
Market Outlook The local index has once again entered below 7600 territory, still suffering from net foreign selling which for Wednesday amounted to P649.85 million. The local equities market is now on a 5 day losing streak. The lackluster performance … Continue reading
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Daily Notes: May 23, 2018
Market Outlook The local bourse has been on a 5 day net foreign selling streak showing that foreign investor confidence is weakening with respect to local equities coupled with the continuous strengthening of the dollar. A further rally for the … Continue reading
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Daily Notes: May 22, 2018
Market Outlook Rising oil prices and weakening global position reflected in the Balance of Payments and further depreciation of peso are haunting the sentiments of investors both local and global, causing them to withdraw from the local bourse. The gap … Continue reading
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Daily Notes: May 21, 2018
Market Outlook As the tailspin continues to the market geopolitical noise locally and overseas may dampen the market as investors sidelined to hold as tensions eases and waiting for catalysts to change the sentiment over the market. Net foreign selling … Continue reading
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