Monthly Archives: January 2019

On Balance_Daily Notes: January 21, 2019

Posted on January 20, 2019 by research

Market Outlook BSP’s positive inflation report and the latest BOP figures may give investors a cheer. Still, we advise cautious accumulation as the local market is expected to remain volatile and susceptible to global pressures. Trading may also be sluggish … Continue reading →

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On Balance_Daily Notes: January 18, 2019

Posted on January 17, 2019 by research

Market Outlook Cautious trading is expected as investors wait for a catalyst, possibly the 2018 GDP figures. Volatility may still be present due to ongoing global concerns. Thus it is advised to remain careful. 2018 GDP will be released in … Continue reading →

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On Balance_Daily Notes: January 17, 2019

Posted on January 17, 2019 by research

  Market Outlook Wednesday’s plunge gives us the opportunity to take positions out of bargain opportunities. Still, caution is advised for the market is expected to be sluggish while under pressure from global narratives. The British Parliament’s rejection of Prime … Continue reading →

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On Balance_Daily Notes: January 16, 2019

Posted on January 15, 2019 by research

Market Outlook Without any strong local catalyst, global concerns are still expected to dominate market sentiments. Nonetheless, an accumulation bias is still seen as the local bourse continues to test its current levels. All eyes are now on the UK … Continue reading →

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On Balance_Daily Notes: January 15, 2019

Posted on January 14, 2019 by research

Market Outlook The sluggish trading may continue amid mixed sentiments, with local optimism tempered by pressures from abroad. Profit taking may also occur with the local bourse, now at the crucial 8,000 territory. Accumulation of shares is advised for the … Continue reading →

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On Balance_Daily Notes: January 11, 2019

Posted on January 11, 2019 by research

Market Outlook The main index may still hover above 7900 as bulls try to reach the 8000 levels supporting a nearing “Golden Cross” on PSEi. We think that on the short term Emerging Markets (EM) equities including PH may be … Continue reading →

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On Balance_Daily Notes: January 9, 2019

Posted on January 9, 2019 by research

Market Outlook Investors may quantify risk-off sentiment on PH equities as peso seeming towards risk on mid-term polls and possible widening of trade deficit. We foresee that the 7900 may be tested again easing tension on the Global front on … Continue reading →

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On Balance_Daily Notes: January 8, 2019

Posted on January 8, 2019 by research

Market Outlook We may see some profit taking for 7800-7900 level since the market has been on a rally since the main index gained at (+4.31%) YTD (Year to Date). Volume and valued poised at above average suggests that the … Continue reading →

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Daily Notes: January 7, 2019

Posted on January 7, 2019 by research

Market Outlook Accumulation is recommended as we see a positive bias on Monday’s trading due to below than expected inflation print. However, we should still proceed with caution. Given the market’s current level, profit taking may also happen. Little by … Continue reading →

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Daily Notes: January 4, 2018

Posted on January 3, 2019 by research

Market Outlook Cautious accumulation of shares is still advised as profit takers may book gains amid ongoing global concerns. Most regional peers are rattled as fears of a global economic slowdown intensifies after Apple trimmed their revenue guidance due to … Continue reading →

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