Monthly Archives: April 2019

On Balance: Weekly Notes for April 29 to May 3, 2019

Our View Positive developments offshore and anticipation of upcoming domestic data signals cautious buying of index and growth issues. Better than expected 1Q US GDP eases global growth worries. China signals approval for US’s trade talk demands, meeting between the … Continue reading

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On Balance: Daily Notes for April 26, 2019

Our View Various cuts in PH GDP by different agencies could give our economy a perceptive slowdown. We remain cautiously positive as volatility can give us opportunity for gains in outlier sectors. Geopolitical risk is still on the table. Fitch … Continue reading

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On Balance: Daily Notes for April 25, 2019

Our View The consolidation at the 7,800 – 7,850 support area in the 1st 3 days of the week amid missing catalysts points to cautious accumulation. The PSEi may continue to test its 50-day EMA. Resumption of US-China talks next … Continue reading

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On Balance: Daily Notes for April 24, 2019

Our View Major support is sustained at 7,800 presenting opportunities for accumulation. Take caution however as trading could remain volatile amid lack of fresh positive leads. Beijing signals less stimulus worrying investors. Oil advance continues reviving inflation fears. OBV still … Continue reading

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On Balance: Daily Notes for April 23, 2019

Our View The 7,800 – 7,850 support area provides accumulation opportunities for index and growth issues. Stay cautious as global growth risks remain in the backdrop. The Eurozone manufacturing is still contracting in April. Turmoil in Libya and threats against … Continue reading

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On Balance: Trading Guide for April 22 to 26, 2019

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: On Balance Trading Guide for April 22 to 26, … Continue reading

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On Balance: Daily Notes for April 17, 2019

Our View We advise to accumulate stocks as the main index is now reaching the major support level and moving sideways signaling that investors are heading towards exits cashing in. this is in preparation for the holidays. Offshore risk are … Continue reading

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On Balance: Daily Notes for April 16, 2019

Our View Cautious buy is advised since shortened trading week may move sideways amid risks both domestic and global. Technical seems signaling a strong support at 7800 levels.  Property (DMW, DD, HOUSE) and Holdings (AGI, LTG) with low valuations … Continue reading

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On Balance: Weekly Notes for April 15 to 19, 2019

Our View A downward bias due to a shortened trading week, lacking fresh catalysts amid global concerns points to cautious accumulation on dips primarily of index issues.  Gloomy global outlook backed by dovish major central banks and trade frictions … Continue reading

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On Balance: Daily Notes for April 12, 2019

Our View Thursday’s decline points to accumulation of battered index and growth stocks coupled with caution as offshore worries persist.  The Fed and ECB keep their dovish stance as downside economic risks remain.  Brexit is delayed until end … Continue reading

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