Monthly Archives: June 2018

Daily Notes: June 29, 2018

Market Outlook Sideways movement will expect as lacking of positive catalyst both local and global scale and wait-and-see mode of investors. We can see forming a strong support at psychological level of 7000 in addition to that would be if … Continue reading

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Daily Notes: June 28, 2018

Market Outlook Local bourse will be on sideways as trade war jitters and rising oil prices felt not on on our shores but also on the Asian peers mostly ended in the positive territory. We can see a hammer candlestick … Continue reading

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Daily Notes: June 27, 2018

Market Outlook The market manage to hold to 7000 level we are seeing the direction of the index is towards its support level of 6800 which sets the PSEi at 15x. Looking on the global and local concerns affect our … Continue reading

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Daily Notes: June 26, 2018

Market Outlook The Local bourse enters bear territory as negative sentiment spurred the market for the past 2 weeks declining by almost 466 points, the steepest within 2 years, as another set of tariffs imposed to EU on automobiles we … Continue reading

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Philstocks Trading Guide: June 25, 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: Philstocks Trading Guide – June 25, 2018 Source: Research … Continue reading

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Daily Notes: June 25, 2018

Market Outlook The local bourse is still shrouded with negative sentiments as its index took a step further near the 7,000 level. Cheap prices have allowed more index advancers for Friday but it was still not enough to push the … Continue reading

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Daily Notes: June 22, 2018

Market Outlook Raising the policy rate was not enough to make a turnaround for the local bourse as its index plunged even deeper into the bear market territory. The supposedly positive sentiment brought by the BSP’s move was overshadowed by … Continue reading

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Daily Notes: June 21, 2018

Market Outlook Most Asian markets recovered for Wednesday after being pulled down by negative sentiments caused by trade war tensions. However, the story was different for the local index. The bulls that made a rally at the start weren’t able … Continue reading

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Daily Notes: June 20, 2018

Market Outlook The local index continues its decline, even visiting the bearish territory before clawing back up to a little above 7300 by the closing. The 7500 level has already undergone a role reversal, now being the index’s resistance level. … Continue reading

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Daily Notes: June 19, 2018

Market Outlook The bulls have given in to the bears at the start of the trading week as the local index declined further, even getting to a new year to date low of 7,328.30 before making a last minute rally … Continue reading

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