Monthly Archives: September 2019

On Balance: Weekly Notes for September 30,2019

Posted on September 30, 2019 by research

MARKET WRAP The local bourse fell  51.89 points or 0.66%, closed at 7,819.22 on the back of US political  and US-China trade uncertainties.  Average value turnover was at P6.169 billion. Advancers edged decliners at 129 to 97 while 23 issues … Continue reading →

Comments Off

Philstocks Guro Season 2 Episode 1

Posted on September 27, 2019 by research

Dear Valued Client, Good day! Your favorite guro is finally back! Learn by seeing the different companies in the PSE together with the various investment concepts and lessons. Take cues on which stocks could be good for investing/trading.   Update your … Continue reading →

Comments Off

On Balance: Daily Notes for September 27, 2019

Posted on September 27, 2019 by research

OUR VIEW Accumulate shares after the BSP cuts interest rates but trade war concerns may linger. BSP cuts rates by 25 bps, from 4.25% to 4.00%; Focus on Banks and Properties. Companies like IMI, TECH, FNI, ANI, that export, particularly … Continue reading →

Comments Off

On Balance: Daily Notes for September 26, 2019

Posted on September 26, 2019 by research

OUR VIEW Hunt for bargains on the back of interest rate cut expectation but be cautious given the impeachment inquiry into President Trump. • It is expected to cut 25 bps on interest rates to 4.00%; RRR reduction to follow. … Continue reading →

Comments Off

On Balance: Daily Notes for September 25, 2019

Posted on September 25, 2019 by research

OUR VIEW Accumulate shares amid US-China trade optimism ahead of BSP policy meeting. Watch out for EAGLE, HLCM, EEI and other companies related in the ‘BBB’ program of the government as the state spending is already picking up in August. … Continue reading →

Comments Off

On Balance: Daily Notes for September 24, 2019

Posted on September 24, 2019 by research

MARKET WRAP The local bourse extended its loses closing at 7,867.51, 3.60 points or 0.05% down amid US-China trade front uncertainties. Value turnover was at P5.855 billion. Decliners edged advancers at 148 to 57 while 45 issues were unchanged. Bargain … Continue reading →

Comments Off

On Balance: Weekly Notes for September 23,2019

Posted on September 23, 2019 by research

MARKET WRAP The local bourse closed at 7,871.11, 121.21 points or 1.52% down amid geopolitical tensions and US-China trade dispute concerns. Average daily value traded was slightly higher to P6.24 from P6.16 w/w. Losers edged winners at 156 to 80 … Continue reading →

Comments Off

On Balance: Trading Guide for September 23 to October 4, 2019

Posted on September 23, 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: MBT, PHEN, and PIP For the full research,  kindly go here: On Balance_Trading … Continue reading →

Comments Off

On Balance: Daily Notes for September 20, 2019

Posted on September 20, 2019 by research

OUR VIEW Accumulate cautiously as buyers pushed the market to stay above 7,900 level which is seen in the candlesticks with long lower shadow. The Fed cuts interest rates by 25 bps to a range of 1.75% to 2.00%. However, … Continue reading →

Comments Off

On Balance: Daily Notes for September 19, 2019

Posted on September 19, 2019 by research

OUR VIEW BUY if the Fed cut interest rates, however, if it holds then we expect a downward bias in the market. MWIDE, EAGLE, EEI, HLCM and SMC are among of those companies that could benefit as the government spending … Continue reading →

Comments Off