Monthly Archives: July 2019

On Balance: Daily Notes for July 31, 2019

Posted on July 31, 2019 by research

OUR VIEW Wait-and-see for now after the market declined yesterday below the 20-day MA with higher volume, ahead of the Federal Reserve decision and US-China trade talks. Expect corporate earnings to drive the market. Philippine Infradev Holdings Inc. and the … Continue reading →

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On Balance: Daily Notes for July 30, 2019

Posted on July 29, 2019 by research

OUR VIEW Accumulate as the market seems to hold at this level given the still positive backdrop, though seemingly not as bright as it used to. 20-day MA is still the market’s support.  Meralco declares P5.464 per share interim … Continue reading →

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On Balance: Weekly Notes for July 29, 2019

Posted on July 29, 2019 by research

MARKET WRAP: The local bourse ended this week lower to 8,183.99, -1.04% down or -86.08 points as the IMF and AMRO downgraded its economic growth forecast for the Philippines to 6% and 6.3%, respectively, due to the negative effects of … Continue reading →

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On Balance: Trading Guide for July 29 to August 11, 2019

Posted on July 28, 2019 by research

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. Stocks on focus: NOW, RRHI, and CLI For the full research,  kindly go here: On Balance_Trading … Continue reading →

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On Balance: Daily Notes for July 26, 2019

Posted on July 26, 2019 by research

OUR VIEW Cautiously trade since the market may move sideways between 8,200 to 8,300 after bargain hunters lifted the market. IMF further slashed its PH 2019 growth forecast to 6%, slower than the 6.5% April forecast due to weaker-than-expected external … Continue reading →

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On Balance: Daily Notes for July 25, 2019

Posted on July 25, 2019 by research

OUR VIEW Accumulate cautiously after the market declined to its support level. The market may move sideways while investors are waiting for major catalyst. BSP: Inflation could settle below 2% due to base effects and also significant drop in oil … Continue reading →

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On Balance: Daily Notes for July 24, 2019

Posted on July 24, 2019 by research

OUR VIEW Wait-and-see for now as investors look forward to fresh leads amid corporate earnings season. Government recorded fiscal deficit in June to P41.8 billion. Duterte pushes TRABAHO bill and higher excise tax on sugar sweetened beverages and tobacco products. … Continue reading →

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On Balance: Daily Notes for July 23, 2019

Posted on July 23, 2019 by research

OUR VIEW Bargain hunt after the market declined on the last session. We expect the market to rise this week, given the data we gathered for the past 25 years and the anticipation on lower interest rates. BSP may slash … Continue reading →

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On Balance: Weekly Notes for July 22, 2019

Posted on July 21, 2019 by research

Our View Accumulate on support around 8,200 amid Q2 corporate earnings season. We think that the index would stay at the bull territory on positive sentiments from earnings and PH economic data. Earnings report may drive the market this week. … Continue reading →

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Philstocks Guro Episode 14 (Non-cyclical Stocks)

Posted on July 20, 2019 by research

PHILSTOCKS GURO We are proud to introduce the first episode of Philstocks Guro – a weekly educational video that will discuss different Stock Investing topics with the purpose of providing learning that may lead to earnings. Today’s lesson: Non-cyclical Stocks … Continue reading →

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