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Monthly Archives: May 2018
Daily Notes: May 18, 2018
Market Outlook As bears dominated the market we might see at primary support at 7500 as big net foreign selling as evident by shifting toward fixed income market if this will persist in the next coming days we expect our … Continue reading
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Daily Notes: May 17, 2018
Market Outlook We will see some slowdown as market try to push to 8000 level to position their portfolio as to whether is this a new trading channel for PSEi also we are watching out on the 10-year US Treasury … Continue reading
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Daily Notes: May 16, 2018
Market Outlook The local bourse will most likely to test the 7950 sustaining the 3 day upward trend due to the strong driven growth brought by the GDP result and also Net Foreign buying is also present on its 2nd … Continue reading
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Philstocks Trading Guide, May 15, 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 15, 2018 Source: Research Team
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Daily Notes: May 11, 2018
Market Outlook The good GDP figures has brought life to the local equities market as it rose above the 7600 level before closing 15.73 points higher than previous day’s closing. The recorded growth in the economy coupled with the confirmation … Continue reading
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Daily Notes: May 10, 2018
Market Outlook The local bourse went down for the day as positive speculations wore down. The upcoming disclosures from the government such as the first quarter GDP and the decision on the interest rates will have a large role to … Continue reading
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Daily Notes: May 9, 2018
Market Outlook The bulls fought back against the bears today, inching the index up by 44.29 points. An absolute turnaround factor however is stil not seen so the continuation of the rally cannot be guaranteed. The good performance for today … Continue reading
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Daily Notes: May 8, 2018
Market Outlook Though some firms have gained today due to good news on first quarter earnings such as Globe Telecom, Inc. and Metro Pacific Investments, overall, the local bourse has still declined as it gets closer to its 7500 support … Continue reading
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Daily Notes: May 7, 2018
Market Outlook April inflation comes out at 4.5% highest in 5 years US-China Trade war worries if taken into account the market may consolidate from 7500 level as support and 7800 level as resistance as investors are on the sidelines … Continue reading
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Daily Notes: May 4, 2018
Market Outlook As the index stopped its rally after touching the 20-day moving average, we mu st consider this 20-day moving average as the next minor resistance. The market should trade above this to reverse its current direction. Investors may … Continue reading
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