Monthly Archives: August 2019

On Balance: Daily Notes for August 6, 2019

Posted on August 6, 2019 by research

OUR VIEW BUY on dips as the market may recover and could be fueled by lower inflation anticipation. However, be cautious at the same time as the trade war lingers. Ayala Land Inc. posted a 12% increase in net income … Continue reading →

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On Balance: Weekly Notes for August 5, 2019

Posted on August 4, 2019 by research

MARKET WRAP PSEi closed lower this week to 8,129.93, -0.66% or -54.06 points down, due to rising trade disputes abroad, in addition to mixed second quarter result this week. Average Value Traded at P6.300 billion, -5% lower w/w. Decliners edged … Continue reading →

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On Balance: Daily Notes for August 2, 2019

Posted on August 2, 2019 by research

OUR VIEW Trade cautiously after the weak rally yesterday as volume was lower than the day before. Reported earnings of the company, so far, may not support the market’s upward movement. Given these, the market may move sideways. 4 out … Continue reading →

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On Balance: Daily Notes for August 1, 2019

Posted on August 1, 2019 by research

OUR VIEW Buy if the Fed cut rates, but stay on the sidelines if it decides to keep interest rates. Mixed 2nd quarter earnings of index members stocks is pointing to a sideways movement. As of July 31, 2019, second … Continue reading →

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