Monthly Archives: November 2019

OUR VIEW Trade cautiously. The market is set move sideways as uncertainties on the US-China trade deal increased after President Trump supported Hong Kong protesters and China accused US having “sinister intentions”. On a positive note, month-end window dressing could … Continue reading →

OUR VIEW Accumulate shares as we see the rebound to continue due to month-end window dressing, while investors await developments in the US -China trade talks. $CEB, $BLOOM, $SSI: Transportation, hotel, and consumer stocks would expect higher sales from Korean … Continue reading →

OUR VIEW BUY shares given the progress on the USChina trade talks, as well as the development in Hong Kong. Additionally, we see that the unloading of shares due to MSCI rebalancing has ended yesterday. Positive sentiment to spillover in … Continue reading →

OUR VIEW Accumulate shares as the OBV increases, diverging from the price action, amid developments in Hong Kong. BUY-on-breakout: $EMP— Forming pennant, a bullish pattern with a target price of P7.50 to P7.55. TRADE: $FNI & $NIKL, nickel miner see … Continue reading →

OUR VIEW HOLD for now, and wait for the market to reach the oversold level of RSI (14) or wait if the market can stay above the support of 7,800. If it holds above that level or reach the oversold, … Continue reading →

OUR VIEW Trade cautiously. Investors’ focus is in the external problems particularly in the USChina trade which is currently weighing on the market. Uncertainties rise after the US President Trump threatens higher tariffs, in addition, China accuses the US of … Continue reading →

OUR VIEW Trade within 7,850 to 8,000 as we see the market to continue its sideways movement due to external headwinds. [PSEi, TECH, IMI, DNL] Chinese government said that the mood in Beijing is pessimistic and still no agreement to  … Continue reading →

OUR VIEW Trade cautiously amid weakening momentum of the PSEi which shown in the RSI (14)  that is trading below 50. We see support at 7,800 and resistance is 8,000. Investors are waiting for US-China trade updates while Hong Kong … Continue reading →

OUR VIEW Trade on the narratives. US-China trade talks development would be in focus again after the corporate earnings report ended last week, but investors’ digestion of earnings report is still expected. Trade-war-sensitive stocks may climb following trade developments. We … Continue reading →