Monthly Archives: August 2019

On Balance: Weekly Notes for August 19, 2019

Posted on August 19, 2019 by research

MARKET WRAP PSEi declined -0.74% or -58.41 points to 7,795.98 as fears on global slowdown heightened after yield curve inversion of US treasury yields. Average Value Traded at P8.91 billion, 27% higher w/w. Decliners edged advancers at 149 to 74 … Continue reading →

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Philstocks Guro Episode 18 (Mall Operations)

Posted on August 16, 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: Mall Operations … Continue reading →

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On Balance: Daily Notes for August 16, 2019

Posted on August 16, 2019 by research

OUR VIEW BARGAIN HUNT after the market plunged near 7,800 support amid digestion of positive earnings reported yesterday. All earnings reported yesterday, were all higher than the same period last year. Lopez Holdings reported P4.181 billion net income attributable to … Continue reading →

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On Balance: Daily Notes for August 15, 2019

Posted on August 15, 2019 by research

OUR VIEW Trade within 7,770 to 8,000 since the market may move sideways as a reaction to the earnings report and as the Ghost festival begins. EW 1H net income went up by 21% to P2.7 billion due to higher … Continue reading →

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On Balance: Daily Notes for August 14, 2019

Posted on August 13, 2019 by research

OUR VIEW TRADE CAUTIOUSLY in the aftermath of Tuesday’s sell-off which may have exposed bargains as tensions abroad may linger and temper movements in either direction. A slew of positive earnings and sustained advance in fixed income prices supplant this … Continue reading →

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On Balance: Weekly Notes for August 13, 2019

Posted on August 13, 2019 by research

MARKET WRAP The local bourse ended lower this week, down by -3.39% or 275.54 points to 7,854.39 due to worsening trade war and disappointing PH GDP growth. Average Value Traded at P7.02 billion, 12% higher w/w. Losers outpaced winners at … Continue reading →

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On Balance: Trading Guide for August 13 to 25, 2019

Posted on August 12, 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: RRHI, MRSGI, and DMW For the full research,  kindly go here: On Balance_Trading … Continue reading →

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On Balance: Daily Notes for August 9, 2019

Posted on August 9, 2019 by research

OUR VIEW Buy cautiously as investors may digest interest rate cut of the BSP preparing to test 8,000 level again, however, disappointing GDP growth could still lead to mixed reactions. GDP growth slows to 5.5% in the second quarter vs … Continue reading →

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On Balance: Daily Notes for August 8, 2019

Posted on August 8, 2019 by research

OUR VIEW Trade-on-news, if the GDP data prints higher than the previous, market’s rally may continue but if it disappoints, it may drag the market. GDP data set to release today. Prev. 5.6%. Philstocks forecasts GDP at 5.8%. BSP will … Continue reading →

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On Balance: Daily Notes for August 7, 2019

Posted on August 7, 2019 by research

OUR VIEW Trade cautiously ahead of GDP data and right after the two day sell-off due to worsening trade war. July inflation rate eased to 2.4% from 2.7% in June. AUB posted net income of P2.6 billion in the first … Continue reading →

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