Monthly Archives: May 2019

Our View Trade war developments and renewed global growth concerns signal a hold to cautious accumulation as the market retests its 7,500 support level. US – China tension escalates, points to more downward risks. Renewed global economic health concerns could … Continue reading →

Our View Lingering geopolitical concerns point to cautious bargain hunting at the market’s current level. Support is at 7,500, resistance is at the 200-day EMA. China’s weak April retail and industrial data may reignite global economic concerns. Tensions could rise … Continue reading →

Our View The market’s fall below the 200-day EMA calls for bargain hunting. Be cautious still as geopolitical uncertainties and offshore risks continue to linger. Investors digest the midterm election results. 1Q earnings may prop up confidence. Washington prepares more … Continue reading →

Our View Good prospects due to the BSP’s policy rate reduction and slower inflation forecast signal buying opportunities especially for property and consumer retail issues. Caution however as downside risks remain primarily the GDP growth slowdown and the escalating US … Continue reading →

Our View 1Q 2019 GDP will be up with a sustained growth pointing to a buy and a lower one pointing otherwise. Remain cautious as risks stemming from the escalating US – China trade war could still pull the market … Continue reading →

Our View The market could go sideways on  as investors already gained in today’s session after inflation data slows to 3.0%. Investors could possibly wait for the GDP data and for the decision of BSP on policy rates on Thursday. … Continue reading →

Our View Inflation figures are coming up with a lower print pointing to a buy and a higher one pointing to the opposite. Caution however as offshore trade tensions linger. Inflation figure to be released. BSP pencils it within 2.7% … Continue reading →