Monthly Archives: July 2019

On Balance: Weekly Notes for July 8, 2019

Our View Slower inflation data may still spill over this week and we see an upward bias. However, stronger catalyst is needed to stay above 8,100 level. Trading range this week could be at 7,950 – 8,200.  June inflation … Continue reading

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On Balance: Daily Notes for July 5, 2019

OUR VIEW Ride on the possible break-out to 8,100, if the inflation data would be within or lower-than expectation. Our June inflation forecast is at 2.8%. BSP’s inflation forecast at 2.2% to 3.0%. US Market is closed as they celebrate … Continue reading

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On Balance: Daily Notes for July 4, 2019

OUR VIEW Accumulate shares as the anticipation of slower inflation data may attempt the index to jump again at 8,100 level. Index ends the first half third best in ASEAN. U.S imposed tariffs to more than 400% on Vietnam Steel. … Continue reading

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On Balance: Daily Notes for July 3, 2019

OUR VIEW We can still buy as we expect that the rally will continue due to positive sentiments locally and abroad. The BSP estimates PH GDP growth at about 6% in the second quarter. HIS markit Philippines Manufacturing PMI expanded … Continue reading

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On Balance: Daily Notes for July 2, 2019

OUR VIEW BUYING stance as June Inflation and Q2 Corporate earnings are underway paving upside risk for local equities. Q2 Corporate earnings with an upward bias amid election spending and expected bigger margins caused by slowing inflation Consumer retail and … Continue reading

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On Balance: Trading Guide for July 1 to 14, 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. Stocks on focus: GERI, PGOLD, and MBT For the full research,  kindly go here: On Balance_Trading … Continue reading

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