Monthly Archives: October 2019

On Balance: Daily Notes for October 31, 2019

Posted on October 31, 2019 by research

OUR VIEW Trade if Fed cuts interest rates and/or hints of a future rate reduction, but lock in some gains  if the Fed disappoints investors. Also, be cautious as profit taking may prevail ahead of the long weekend. Developments on … Continue reading →

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On Balance: Daily Notes for October 30, 2019

Posted on October 30, 2019 by research

OUR VIEW Trade cautiously as the market ends yesterday near the 8,000 resistance level. 20 -day EMA is about to cross above the 50-day EMA, indicating a BUY signal. But RSI (14) struggles to breach 60 which may decline if … Continue reading →

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On Balance: Daily Notes for October 29, 2019

Posted on October 29, 2019 by research

OUR VIEW Accumulate shares amid earnings report and progress on the US-China trade deal. Atlas Mining reported net loss of P45 million in quarter three, 94% improvement from P783 million net loss last year. Union bank recorded net income of … Continue reading →

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On Balance: Weekly Notes for October 28,2019

Posted on October 28, 2019 by research

OUR VIEW Buy on support since we‘re expecting the market to move within 7,800 to 8,000 this week amid lack of strong catalyst. Anticipation of third quarter earnings results could still be present, however, we expect only one company from … Continue reading →

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Philstocks Guro Season 2 Episode 5

Posted on October 25, 2019 by research

Philstocks Guro 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 trading. Update your trades with knowledge. Teacher Japhet wants to see you in … Continue reading →

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On Balance: Daily Notes for October 25, 2019

Posted on October 25, 2019 by research

OUR VIEW Accumulate cautiously. The PSEI may test the 8,000 resistance as the OBV increases and RSI (14) tries to break the 60 level. MAXS, URC, & PIZZA may record lower costs as the farmgate prices of palay continue to … Continue reading →

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On Balance: Daily Notes for October 24, 2019

Posted on October 24, 2019 by research

OUR VIEW Trade cautiously amid anticipation of earnings and headwinds overseas. Negative sentiment in the market may spur on the back of possible Brexit stall and as IMF says growth in major Asian countries is set to slow more than … Continue reading →

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On Balance: Daily Notes for October 23, 2019

Posted on October 23, 2019 by research

OUR VIEW Pick up bargain stocks amid anticipation of third quarter earnings result but trading may still be tepid due to lack of strong catalyst aside from the earnings. HLCM, CHP and other cement stocks could still hit its income … Continue reading →

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On Balance: Daily Notes for October 22, 2019

Posted on October 22, 2019 by research

OUR VIEW Accumulate shares as the market stays above the support of 7,800 or the 20-day, 50- day and 200-day EMAs, while waiting for the third quarter results. ANI may lose opportunity to have a lower tariffs and improve its … Continue reading →

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On Balance: Trading Guide for October 21 to November 3, 2019

Posted on October 21, 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: PIZZA, MWIDE, and GLO For the full research,  kindly go here: On Balance … Continue reading →

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