Monthly Archives: October 2019

On Balance: Weekly Notes for October 21,2019

OUR VIEW Accumulate on dips as the market may test the 8,000 resistance on the anticipation of  third quarter earnings. However, given the weak rally last week—as most volumes were recorded lower than the 20-day moving average-, strong catalyst is … Continue reading

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Philstocks Guro Season 2 Episode 4

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 18, 2019

OUR VIEW Accumulate. The chart seems to test the 8,000 resistance as OBV shows accumulation and RSI (14) gains momentum. IMF sees GDP growth to pick up this semester amid improved government spending despite the recent cut of economic growth … Continue reading

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On Balance: Daily Notes for October 17, 2019

OUR VIEW Expected sideways movement posits a trading stance. Overhang of externalities, particularly in China and Hong Kong, places a cap on positive sentiments. IMF confirms growing consensus of slower PH GDP growth, pulling its own forecast to 5.7%, following … Continue reading

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On Balance: Daily Notes for October 16, 2019

OUR VIEW Trade cautiously amid uncertainties in the US -China partial trade deal. Personal remittances hit $2.9B in August, up 4.2% y/y. Treasury Secretary Steven Mnuchin expects tariffs on Chinese goods to increase in December if there is no trade … Continue reading

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On Balance: Daily Notes for October 15, 2019

OUR VIEW Accumulate shares as the market holds above the 7,800, but be cautious given the weak volume recorded and as investors wait for the developments in US-China trade talks. Exporting companies may trade sideways given the mixed factors: Singapore’s … Continue reading

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On Balance: Weekly Notes for October 14,2019

OUR VIEW BUY shares on the back of positive developments in the US-China trade talks. Pick up in tech exporting and oil sector this week but avoid transportation sector. • The US reached the first phase of a trade deal … Continue reading

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Philstocks Guro Season 2 Episode 3

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 11, 2019

OUR VIEW Trade cautiously as the market may move depending on the US-China trade development. On a positive note, it is reported that Trump is set to grant licenses allowing American firms to sell non-sensitive supplies to Huawei. World Bank … Continue reading

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On Balance: Daily Notes for October 10, 2019

OUR VIEW Stay on the sidelines amid uncertainties over trade negotiation between the US and China ahead of the trade talks.  While on the technical side, 50-day EMA is crossing below the 200-day EMA –a SELL signal. Hopes for Fed … Continue reading

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